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This paper analyzes the effect of trade on growth, when technology adoption is endogenous and depends on factor prices. It shows that trade can lead to an increase in income disparities across countries, as the rich countries grow much faster than the poor countries. This is due to...
Persistent link: https://www.econbiz.de/10013117856
Many studies have estimated the growth effects of globalization where globalization was measured with a few economic variables, ignoring its social and political dimensions. Recently Dreher (2006) has developed a comprehensive measure of globalization with several variables from the economic,...
Persistent link: https://www.econbiz.de/10005836974
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The legacy of Adam Smith leads to a false confidence on the optimality of laissez faire policies for the global market economy. Instead, the polarized character of current globalization deeply affects both developed and underdeveloped economies. Current globalization is characterized by factor...
Persistent link: https://www.econbiz.de/10013044505
During the post-world war II period, industrialization was an irresistible trend made global by the dynamics of international trade. Today, the industrial society faces the risks created by its own success. Its growth has been accompanied by a voracious use of natural resources and increasing...
Persistent link: https://www.econbiz.de/10014095480
Many studies raise the issue of relationships between internationalization and innovativeness, linking them with firms' international competitiveness. However, very few of these studies focus on the influence of internationalization on innovativeness and regard the multifaceted nature of these...
Persistent link: https://www.econbiz.de/10012519952
Which service occupations are the most susceptible to global disaggregation? What are the factors and mechanisms that make service occupations amenable to global disaggregation? This research addresses these questions by building on previous work by Apte and Mason (1995) and Rai, Patnayakuni,...
Persistent link: https://www.econbiz.de/10014027205
Competitiveness, as a complex concept, can be observed in different ways, from the perspective of an individual, group, company and/or state. The subject of this paper deals with competitiveness of national economies observed through factor analysis, with a particular focus on the level of...
Persistent link: https://www.econbiz.de/10012549177