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Persistent link: https://www.econbiz.de/10009149692
advantage in manufactures. This paper explores the evolution of China's relative unit labor costs in manufacturing over 1998 …-2009. Between 1998 and 2003 China's unit labor costs fell, but since 2003 they have increased both absolutely and relative to US … unit labor costs. Much of the rise in China's relative unit labor costs can be traced to a real appreciation of the yuan …
Persistent link: https://www.econbiz.de/10010278853
We construct a new global commodity-level export dataset to analyze the persistence of export patterns as proxies of productive capabilities across the first and the current waves of globalization. We find that productive capabilities are path-dependent and historical capabilities are powerful...
Persistent link: https://www.econbiz.de/10013197407
advantage in manufactures. This paper explores the evolution of China’s relative unit labor costs in manufacturing over 1998 …-2009. Between 1998 and 2003 China’s unit labor costs fell, but since 2003 they have increased both absolutely and relative to US … unit labor costs. Much of the rise in China’s relative unit labor costs can be traced to a real appreciation of the yuan …
Persistent link: https://www.econbiz.de/10009323303
-plant heterogeneity points to a local labor supply channel where particularly plants utilizing low-wage, female, blue-collar workers are … impacted. Consistent with a blue-collar labor supply shock, the results show a positive impact on average blue-collar wages and …
Persistent link: https://www.econbiz.de/10013170284
capacity utilization. Violence acts as a negative blue-collar labor supply shock, leading to significant increase in skill …
Persistent link: https://www.econbiz.de/10011932095
-plant heterogeneity points to a local labor supply channel where particularly plants utilizing low-wage, female, blue-collar workers are … impacted. Consistent with a blue-collar labor supply shock, the results show a positive impact on average blue-collar wages and …
Persistent link: https://www.econbiz.de/10013351699
capacity utilization. Violence acts as a negative blue-collar labor supply shock, leading to significant increase in skill …
Persistent link: https://www.econbiz.de/10011931390
Recent research suggests that adopting a common currency increases bilateral trade. In this paper, I explore experiences of currency union entry in the post-war period and find no effect on trade. Previous results derived from a large panel data set (covering more than 200 countries from 1948...
Persistent link: https://www.econbiz.de/10010299098
In the last decades, the world economy has been undergoing a process of production reorganisation and relocation of unprecedented scale and scope. The era of ?globalisation? has been characterised by falling barriers to trade and increasing capital flows, both of speculative and investment...
Persistent link: https://www.econbiz.de/10011397352