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globalisation for every country in the world along the economic, social and political dimension. The original index was introduced …
Persistent link: https://www.econbiz.de/10011847841
This paper re-examines the link between globalization and income inequality. We use data for 140 countries over the … period 1970-2014 and employ an IV approach to deal with the endogeneity of globalization measures. We find that the link … between globalization and income inequality differs across different groups of countries. There is a robust positive …
Persistent link: https://www.econbiz.de/10011794029
This analysis attempts to offer a counter strategy to the idea of anti-globalization and de-growth that had flared up … policy, an aggressive pro-globalization trade policy could relieve and strengthen the crisis macro policy. To demonstrate … enacted soon. Overall, not the big players in world trade, the EU and the USA win by a simultaneous implementation of the nine …
Persistent link: https://www.econbiz.de/10012319594
We demonstrate that common modeling assumptions underlying micro-unit productivity indices induce biases in the evolution and decomposition of standard aggregate productivity measures. After controlling for such biases, we decompose aggregate productivity based on groups of economically...
Persistent link: https://www.econbiz.de/10011802718
The political hyperglobalisation trilemma asserts that a government cannot simultaneously opt for deep international integration, national sovereignty and democratic politics, but rather is constrained to choosing two of the three at most. This paper presents a new and comprehensive...
Persistent link: https://www.econbiz.de/10012260990
become more emphasized around the world. In spite of the scarcity of related domestic studies, we explored the effect of …
Persistent link: https://www.econbiz.de/10012862452
consider some of the implications of globalization for policy design, both within federal systems and across countries …. Although globalization poses new challenges for fiscal systems, it does not necessarily imply that redistributive policy …
Persistent link: https://www.econbiz.de/10014241315
Over the past several decades, firms have de-verticalized and internationalized increasingly complex manufacturing and service functions, a phenomenon studied across the social sciences. However, the disciplines disagree over whether the fragmentation of production is substantively novel,...
Persistent link: https://www.econbiz.de/10014142033
We provide novel systematic cross-country evidence that the link between domestic labour markets and CPI inflation has weakened considerably in advanced economies during recent decades. The central estimate is that the short-run pass-through from domestic labour cost changes to core CPI...
Persistent link: https://www.econbiz.de/10014080924
Countries through the world have experienced increased globalization over the last several decades facilitated by …. However, a globalization gap exists dividing those countries with greater globalization from those countries with less … globalization. Therefore, the two major questions of this research are: first, whether countries with low level of globalization in …
Persistent link: https://www.econbiz.de/10014107991