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Globalization has radically changed the way in how goods and services are produced. The impact of globalization on production has been driven mainly by two determinants: In a first phase, a quick fall in transportation costs between countries and in a second, more recent phase, a drastic...
Persistent link: https://www.econbiz.de/10011944196
The objective of this paper is to study how manufacturing plants in India adjusted to trade liberalization during the period 1998-99 to 2007-08. We estimate how the labor share changed due to tariff reduction. Our results indicate that a decline in output tariffs led to an increase in the labor...
Persistent link: https://www.econbiz.de/10011944229
This paper examines the surge of imports from the PRC to Viet Nam from 2000 to 2014 in order to evaluate the effects of increased exposure to trade with the PRC on income inequality and household welfare in Viet Nam. Using household level data from the Viet Nam Household Living Standard Survey...
Persistent link: https://www.econbiz.de/10011944248
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Using a decomposition approach on data collected by the Asian Productivity Organization (APO) as well as World Input-Output data, we show that in most Asian economies the services sector makes the largest contribution to labor productivity. Furthermore, we find evidence of a major reallocation...
Persistent link: https://www.econbiz.de/10012254911
In many Asian countries we observe a rapid expansion of technology-oriented startups. Governments hope that these startups will boost economic growth, create jobs, and foster sustainable development. However, transforming an innovative idea into a successful business is not easy and is...
Persistent link: https://www.econbiz.de/10012610010
The information and communication technology (ICT) revolution of the past 3 decades has transformed the world into an integrated marketplace. Today, producers and consumers alike are able to compare the prices of local businesses and worldwide sellers. For an increasing number of tradable goods,...
Persistent link: https://www.econbiz.de/10010397323
Empirical studies on pharmaceuticals pricing across countries have found evidence that prices vary according to per capita income. These studies are typically based on survey data from a subset of countries and cover only one year. In this paper, we study the international trade and price of...
Persistent link: https://www.econbiz.de/10011526673
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