Showing 1 - 10 of 3,216
In this paper, we develop a multi-country open economy extension of the famous Big Push model for a closed economy by Murphy et al. (1989). We show under which conditions the global economy in our model is caught in a poverty trap, characterised by a low-income equilibrium from which an escape...
Persistent link: https://www.econbiz.de/10012158919
We analyse the effects of simple strategic trade policy in a duopoly with vertical product differentiation where firms from a developed and less developed country compete in both qualities and prices in the domestic market. The distinction between the developed and developing country firm is...
Persistent link: https://www.econbiz.de/10014061509
A number of theoretical studies have tended to trace the nature of globalization process' impacts (mostly characterised … Bayesian statistical techniques, which allow one to determine, from a large set of different globalization indicators, a subset …
Persistent link: https://www.econbiz.de/10011346442
Could foreign direct investment (FDI) contribute to improving developing countries' participation in global value chains (GVC)? This is the main issue addressed in this paper. Indeed, FDI seems to be, at least theoretically, a mean to speed up developing countries' participation in GVCs in a...
Persistent link: https://www.econbiz.de/10012825914
The paper analyzes the link between firm characteristics and labor market regulation in five Asian economies - Bangladesh, Indonesia, Pakistan, the Philippines, and Viet Nam. Labor market policies and labor standards do not only affects workers, but also influence firms' investment and...
Persistent link: https://www.econbiz.de/10009781138
This paper discusses the occurrence of Skill-Enhancing Technology Import (SETI), namely the relationship between imports of embodied technology and widening skill-based employment differentials in a sample of low and middle income countries (LMICs). In doing so, this paper provides a direct...
Persistent link: https://www.econbiz.de/10013317026
For a long time globalization could be seen everywhere but in gravity estimates. We offer evidence how globalization …
Persistent link: https://www.econbiz.de/10011586305
Global Value Chains (GVCs) started to play an increasing and key role in the global economy from the 1990s on. The market mechanism in GVCs supports industrialisation in the Global South and under certain conditions product and process upgrading. But GVCs do not lead to the catching-up of...
Persistent link: https://www.econbiz.de/10012061427
To analyse the globalization-inequality relationship, we extend the North-South HOS model by assuming (i) that the size … three phases of globalization, corresponding to different production patterns and to specific changes in inequality in the … decreases during the first phase of globalization, and inequality diverges across countries. In the South, very different …
Persistent link: https://www.econbiz.de/10014039846
Inequality-Globalization nexus. It is shown that by modifying this model and relaxing some of its most restrictive assumptions … suitable modelling of the Inequality-Globalization nexus …
Persistent link: https://www.econbiz.de/10014166645