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We embed a simple incomplete-contracts model of organization design in a standard two-country perfectly-competitive trade model to examine how the liberalization of product and factor markets affects the ownership structure of firms. In our model, managers decide whether or not to integrate...
Persistent link: https://www.econbiz.de/10011205427
This paper evaluates the theoretical and empirical evidence that bears on the question of whether globalization and … globalization can be direct and indirect. Direct impact is through the cheaper imported goods to the U.S. as a component of Consumer … International Monetary Fund (IMF) for period of 1990-2005. Our findings suggest that, under current circumstances, globalization …
Persistent link: https://www.econbiz.de/10011205841
Some researchers have argued that globalization has increased the opportunity for corrupt practices, while others state … that globalization has lead to a decrease in corruption as countries wishing to join the global economy must comply with … Index (CPI) and the Konjunkturforschungsstelle (KOF) globalization Index. The results suggest that a nonlinear relationship …
Persistent link: https://www.econbiz.de/10011206054
that accompany the globalization process for goods and services, capital and labor. …
Persistent link: https://www.econbiz.de/10011206185
The economic crises that developed capitalist countries faced in the beginning of this century cause thousands of Americans and Europeans to leave their countries in search of better working conditions. These new immigrants are heading to emerging countries like Brazil that by presenting a more...
Persistent link: https://www.econbiz.de/10011207135
Abstract: In this paper we analyze one aspect of the standard thesis that the globalization process leads towards … desovereignization. For the purposes of this paper we have adopted a narrow definition of globalization as a process of global expansion …
Persistent link: https://www.econbiz.de/10011207150
the financial market. Considering that financial markets are one of the main carriers of globalization, our goal is to …
Persistent link: https://www.econbiz.de/10010558913
The globalization involves not only the exchange of physical goods but also and especially of information and … relationships between people. The globalization is the intensification of worldwide social relations. In the globalization era there …
Persistent link: https://www.econbiz.de/10010558923
between openness to trade and economic growth and market failure like externalities. It focuses on the globalization process …
Persistent link: https://www.econbiz.de/10010558935
from the globalization phenomenon and continues with some usages and trends for business intelligence applications within …
Persistent link: https://www.econbiz.de/10010558964