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This paper investigates the effects of globalization on aggregate productivity, output growth, and inflation. I present … nations are to trade. Globalization raises both the level and growth rate of aggregate productivity by allowing more …
Persistent link: https://www.econbiz.de/10005724142
This study examines the impact of Poland’s trade liberalization 1994-2001 on the industry wage structure. The liberalization was undertaken in preparation for Poland’s accession to the European Union and was more pronounced in industries with larger shares of unskilled labour. Our analysis...
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attributes these either to globalization, or to skill-biased technology, or to a combination of the two. A transatlantic …
Persistent link: https://www.econbiz.de/10005661049
The aim of the Paper is to see whether individuals’ attitudes towards globalization are consistent with the predictions …-skilled are pro-globalization in rich countries; while in some of the very poorest countries in the sample being high-skilled has … a negative (if statistically insignificant) impact on pro-globalization sentiment. More generally, an interaction term …
Persistent link: https://www.econbiz.de/10005661671
This Paper analyses industrial policy in a high wage open economy hosting an agglomeration consisting of vertically linked upstream and downstream firms. We show that optimal policy towards upstream industries typically differ from the optimal policy towards downstream industries....
Persistent link: https://www.econbiz.de/10005661682
decisions, when the removal either of trade barriers or of restrictions on capital outflows/inflows (‘globalization’) allows … yields the relocation of the whole industry, autarchy is strictly better, in welfare terms, than ‘globalization’. It is only … when relocation is a dominant strategy for one (and only one) of the firms, that ‘globalization’ may be unambiguously …
Persistent link: https://www.econbiz.de/10005661863
There are two contrasting views of pre-19th century trade and globalization. First there are the world history scholars … like Andre Gunder Frank who attach globalization ‘big bang' significance to the dates 1492 (Christopher Columbus stumbles …
Persistent link: https://www.econbiz.de/10005661898