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Globalization has led to exciting new business opportunities around the globe. Still, national and cultural boundaries … have not evaporated into a borderless world.ʺ Several studies have identified so-called liabilities of foreignness that …
Persistent link: https://www.econbiz.de/10003225300
Globalization has provided many companies with new opportunities for growth and efficiency. This requires them to …
Persistent link: https://www.econbiz.de/10003383660
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World trade evolves at two margins. Where a bilateral trading relationship already exists it may increase through time … have not traded with each other in the past (extensive margin). We provide an empirical dissection of post-World-War- II … growth in manufacturing world trade along these two margins. We propose a "cornersolutions- version"of the gravity model to …
Persistent link: https://www.econbiz.de/10011450770
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A recent literature do cuments that manufacturing employment growth in developing countries has been sluggish over the past decades, and that deindustrialization has often set in at historically low levels of income. However, there is little evidence on which kind of jobs are disappearing...
Persistent link: https://www.econbiz.de/10012025990
Multinational enterprises are often accused to have a preference for investing in countries in which the working populations' civil and political rights are largely disregarded. This paper presents an empirical investigation of the popular political repression boosts FDI hypothesis and arrives...
Persistent link: https://www.econbiz.de/10011397998
Greater international economic interconnectedness over recent decades has been changing inflation dynamics. This paper presents evidence that the expansion of global value chains (GVCs), ie cross-border trade in intermediate goods and services, is an important channel through which global...
Persistent link: https://www.econbiz.de/10011619539