Showing 1 - 10 of 2,509
This paper argues that the role of international trade and the institutions that promote the raging process of economic … globalization is more likely to be debilitating for developing countries that are not well positioned to benefit from it. It argues … that because the globalization process has come to stay, countries such as Nigeria need to reposition themselves to benefit …
Persistent link: https://www.econbiz.de/10013010078
Does trade improve institutions and contribute to long run growth? I develop a theory of trade, in which trade … liberalization provides incentive to change institutions in two ways. On the one hand, trade leads to specialization according to … comparative advantage, expanding the industries that do not rely on contracting institutions in less developed countries. The …
Persistent link: https://www.econbiz.de/10011478180
We develop a dynamic trade model to understand the effects on within-country inequality of trade in intermediates, also known as international unbundling of production. We consider a world economy where countries only differ in their productivity and consume final good varieties from all country...
Persistent link: https://www.econbiz.de/10012871980
unifying perspective on how economic growth and globalization affect the patterns of structural change, innovation and trade … as well as their interactions. Among the main messages is that globalization amplifies, instead of reducing, the power of …
Persistent link: https://www.econbiz.de/10012852822
The purpose of this paper is to examine the linkage between FDI and trade in the case of Vietnam. To investigate this issue, firstly, we attempt to find out the causality relationship between FDI and trade of Vietnam, including exports and imports. Secondly, we try to find out the determinants...
Persistent link: https://www.econbiz.de/10013021568
The paper estimates and analyzes an equation for intermediate imports during the 1988-2006 post-liberalization period in Mexico. While some results are obtained from Johansen’s VECM model, most of the analysis is carried out within an Error-Correction ARDL framework, following the bounds...
Persistent link: https://www.econbiz.de/10014041271
This paper constructs composite indices of globalization of 131 countries spread over the five continents and … Institute of Technology, Zurich is the source of data used in this study. The Composite Indices of Globalization have been … indices, the paper investigates into the trends of globalization and disparities in globalization for a period of 11 years …
Persistent link: https://www.econbiz.de/10013065266
The purpose of this article is to determine the significance of transnational business in the development of the global economic system, to present perspectives on its further functioning and distribution in the global economy, and to develop recommendations for state regulation of...
Persistent link: https://www.econbiz.de/10012919695
Trade and industrial production have been increasingly interlinked, thanks to the vertical integration of global manufacturing through outsourcing and off-shoring. The expansion of international supply chains apparently determined an increase in trade elasticity observed since the late 1980s,...
Persistent link: https://www.econbiz.de/10013127677
The purpose of this article is to determine the significance of transnational business in the development of the global economic system, to present perspectives on its further functioning and distribution in the global economy, and to develop recommendations for state regulation of...
Persistent link: https://www.econbiz.de/10011632469