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This report provides new evidence on the increasing dispersion in wages and productivity using novel micro-aggregated firm-level data from 16 countries. First, the report documents an increase in wage and productivity dispersions, for both manufacturing and market services. Second, it shows that...
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that accelerated even more up to 1950-1975. What explains the spread of the industrial revolution world-wide and this … to have taken resource advantages away from the European and North American leaders, and integrating world financial …
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Between 1820 and 1990, the share of world income going to today's wealthy nations soared from twenty percent to almost … reflects a new age of globalization that is drastically different from the old. In the 1800s, globalization leaped forward when … globalization is driven by information technology, which has radically reduced the cost of moving ideas across borders. This has …
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world commodity and factor markets, history offers an unambiguous positive correlation between globalization and convergence … years were also ones of economic autarky and 'de-globalization', while the rest were ones of increasing globalization in …. But is the correlation spurious? When the pre-World War I years are examined in detail, the correlation turns out to be …
Persistent link: https://www.econbiz.de/10013321587
world commodity and factor markets, history offers an unambiguous positive correlation between globalization and convergence … years were also ones of economic autarky and 'de-globalization', while the rest were ones of increasing globalization in …. But is the correlation spurious? When the pre-World War I years are examined in detail, the correlation turns out to be …
Persistent link: https://www.econbiz.de/10012473616