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, it is possible to identify a variety of channels through which trade affects the evolution of world income and its …
Persistent link: https://www.econbiz.de/10014023765
, we argue that any serious scholar concerned with the plight of the poor needs to address the theory and evidence …
Persistent link: https://www.econbiz.de/10012709251
We construct a new database which covers production and trade in 136 primary commodities and 24 manufacturing and service sectors for 145 countries. Using this new more granular data, we estimate spillover effects from plausible trade fragmentation scenarios in a new multi-country, multi-sector,...
Persistent link: https://www.econbiz.de/10014358436
In recent decades, many countries experienced both a rise in top income shares and an increase of income inequality among the top earners. In this paper, I study the role of international trade as a catalyst for this development and analyze the associated welfare effects. I build a simple...
Persistent link: https://www.econbiz.de/10009572266
this model we identify a formal relationship between international trade, productivity, and wages. We then examine the … trivariate relationship between trade, growth in total factor productivity (TFP), and the skill premium in a vector …
Persistent link: https://www.econbiz.de/10014073152
Globalisation, far from meeting esoteric meaning requirements – everybody's welfare –, created the conditions for a stronger and stronger presence of multinational companies, economic giants who did not avoid emerging markets, quite the contrary. The attraction of profit oriented the...
Persistent link: https://www.econbiz.de/10012952099
generally considered an unambiguous plus as it contributes to the enhancement of productivity. The paper concludes with policy …
Persistent link: https://www.econbiz.de/10003810495
The Gulf Cooperation Council (GCC) countries accept massive numbers of migrants from poor countries and pay wages that dramatically improve over outside options but are meagre by the standards of natives. As such they do dramatically more per capita to reduce global inequality than do the...
Persistent link: https://www.econbiz.de/10014141591
actual aggregate cross-section data for 89 countries in 2011 to a hypothetical world without FDI. The gains from FDI amount … to 9% of world's welfare and to 11% of world's trade, unevenly distributed among winners and losers. Net exports of FDI …
Persistent link: https://www.econbiz.de/10012947623
After the 2008 crisis, despite economic recovery that started in 2009, the world economy has experienced a downward … stagnation in developed countries and consequently in the entire world economy. This ongoing prolonged stagnation can only be … puzzles, like the productivity paradox for example, a special emphasis is given to the analysis of deindustrialization and the …
Persistent link: https://www.econbiz.de/10011789200