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, in contrast, that σ is affected by both globalization and technology, and that different intensities in these drivers … substitution between capital and labor is below unity; that it increases along with the degree of globalization; but it decreases …-output ratio on the labor share irrespective of the degree of globalization (which would be consistent with an average aggregate …
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applications of the theory of government decentralization. Decentralization tends to discourage inward FDI and domestic trade and …The essays of this book are contributions to the empirical Literature in International Trade and Public Economics. They …. Two of the essays add to the empirical determinants of trade and foreign direct investment (FDI) and to the numerous …
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