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The emergence of the Asian tiger countries and the participation of the ex-communist countries in world trade has reduced the equilibrium price of labor in western Europe and elsewhere. However, the actual price of labor hardly reacts, because the welfare state's minimum replacement incomes are...
Persistent link: https://www.econbiz.de/10005778918
Ausgangspunkt dieser Arbeit ist die Behauptung, dass der migrationspolitische Diskurs zu wenig auf die internationale Integration von Gütermärkten Bedacht nimmt. Die Debatte wird weitgehend arbeitsmarktökonomisch geführt, wobei der sogenannte "immigration surplus" für das Zuwanderungsland...
Persistent link: https://www.econbiz.de/10005800636
In this paper we analyze the dynamics of catching up for a backward three sector economy and investigate the transitional structural adjustment process. A theoretical model is developed to explain international development and trade patterns as a transitory process of technological catching up....
Persistent link: https://www.econbiz.de/10008479482
Models of trade and factor flows based on differences in factor endowments give clear predictions as to how globalization affects inequality and development. Models in which productivity differences between countries drive trade and factor flows gave more ambiguous predictions. Unfortunately,...
Persistent link: https://www.econbiz.de/10004975823
This paper develops a general equilibrium model with a vertical production structure to examine the relationship between offshore outsourcing and international migration,especially emphasizing their effects on the wages of skilled and unskilled workers. Two-way outsourcing (simultaneous...
Persistent link: https://www.econbiz.de/10005042556
Persistent link: https://www.econbiz.de/10005406547
In this note, we use the production-theory approach to immigration in an open-economy setting to investigate the role of nonresident workers in Swiss aggregate production. Unlike earlier work in this area, exports are explicitly taken into account. Indeed, a statistical test for global...
Persistent link: https://www.econbiz.de/10005622255
This paper highlights that the immigrants' effect on trade is not identical across all types of immigrants but it varies with the immigrants' occupation. Using a sample of 63 U.S. trading partners which are also big immigrant sending countries over the years 1991-2000, this paper finds that the...
Persistent link: https://www.econbiz.de/10010599743
This study tests the importance of Ricardian technology differences for international trade. The empirical analysis has three comparative advantages: including emerging and advanced economies, isolating panel variation regarding the link between productivity and exports, and exploiting...
Persistent link: https://www.econbiz.de/10010714167
This paper directs attention at the globalization of knowledge and knowledge creation as the fundamental global driver of economic outcomes in today's information economy. It documents the globalization of knowledge and spread of scientific research from advanced to developing countries and...
Persistent link: https://www.econbiz.de/10010821812