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In this paper, we assess the effect of globalization on the distribution of income within countries, focussing on the influence of foreign direct investment. We analyze data for 72 countries, 1970-90. We incorporate in our tests the Kuznets (1955) curve, measures of the character of political...
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The dynamic relationships among trade, income and the environment for developed and developing countries are examined using a cointegration analysis. Results suggest that trade and income growth tend to increase environmental quality in developed countries, whereas they have detrimental effects...
Persistent link: https://www.econbiz.de/10005804670
Foreign direct investment (FDI) has grown far more rapidly than trade during the last two decades. As with the other … prominent features of globalisation, FDI is controversial. The impact of FDI on labour markets has been of growing concern … during the 1980 s and 1990 s was a primary catalyst for the concern. As for its impact on labour markets, FDI may have …
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the end of dirigiste economic models as favorable for political liberalization, envisioning foreign direct investment (FDI … debate using FDI flows. We believe that FDI stocks is a superior variable, and captures the underlying idea of saturation … point better. We create models of democracy and use estimates of FDI stock for 107-120 countries over the 1970-2000 time …
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