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A 2-country model with two groups of agents, workers and capitalists is presented in which economic integration results in an initial phase of catch-up, where the less industrialised country experiences the rise in both capital and labour income. Then, after a certain level of integration has...
Persistent link: https://www.econbiz.de/10010291923
unfair comparative advantage in trade by using child labour. The results indicate that multinationals are highly sensitive …
Persistent link: https://www.econbiz.de/10010295477
Die Unternehmen stehen durch die fortschreitende Globalisierung der Weltwirtschaft in einem zunehmend internationalen Wettbewerb, wovon jedoch nicht alle Branchen im gleichen Ausmaß erfasst werden. Determiniert wird der Globalisierungsgrad einer Branche vor allem durch die Höhe der...
Persistent link: https://www.econbiz.de/10010295596
recessions tend to lead to falling trade and protectionism. The sensitivity of trade to global economic conditions is not simply …
Persistent link: https://www.econbiz.de/10010299558
and analyzing the factors like world politics, the entry of globalization, shifting trade patterns and even culture …
Persistent link: https://www.econbiz.de/10010301321
recessions tend to lead to falling trade and protectionism. The sensitivity of trade to global economic conditions is not simply …
Persistent link: https://www.econbiz.de/10010301325
heterogeneous economy, we show how different regional rates of technical progress due to trade and FDI interact with constraints to … unskilled labor mobility. As favored regions benefit more from trade, their growing demand for skills drains skilled workers …
Persistent link: https://www.econbiz.de/10010332314
negatively by trade, while the Gini statistic is fueled by the falling labour share and increasing financial payments. Using …
Persistent link: https://www.econbiz.de/10010368155
rapid increase in the share of China in world trade. As the world is taking the full measure of this phenomenon, tensions … therefore provides an assessment of China’s “natural” place in the world economy based on a new set of trade integration … indicators. These indicators are used as a benchmark in order to examine whether China’s share in international trade is …
Persistent link: https://www.econbiz.de/10011604739
Globalization is not only about the rise of trade, FDI, and migration. It is also about the changing linkages among … these flows. The main findings of the paper can be summarized as follows. First, at least in the nineties, import trade … liberalization fostered not only trade but also inward investment, confirming that trade and FDI toward developing countries have …
Persistent link: https://www.econbiz.de/10010262148