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What you exported matters: Persistence in productive capabilities across two eras of globalization

Weber, Isabella; Semieniuk, Gregor; Westland, Tom; … - 2021

globalization and find persistence in productive capabilities proxied by economic complexity, export diversification, and …

Persistent link: https://www.econbiz.de/10012606437

Global imbalances, Bretton Woods II, and Euroland's role in all this

Bibow, Jörg (contributor) - 2006

Approaching the issue of mounting global imbalances from the perspective of the Bretton Woods II hypothesis,ʺ this paper argues that the popular preoccupation with China’s supposed export-led development strategy is misplaced. It also suggests, similar to Japan’s depression, subdued growth...

Persistent link: https://www.econbiz.de/10003721073

Global Imbalances, Bretton Woods Ii, and Euroland's Role in All this

Bibow, Jörg - 2013

Approaching the issue of mounting global imbalances from the perspective of the quot;Bretton Woods II hypothesis,quot; this paper argues that the popular preoccupation with China's supposed export-led development strategy is misplaced. It also suggests, similar to Japan's depression, subdued...

Persistent link: https://www.econbiz.de/10012711566

Productivity, Tradability, and the Long-Run Price Puzzle

Bergin, Paul R.; Glick, Reuven; Taylor, Alan M. - 2004

Long-run cross-country price data exhibit a puzzle. Today, richer countries exhibit higher price levels than poorer countries, a stylized fact usually attributed to the "Balassa-Samuelson" effect. But looking back fifty years, or more, this effect virtually disappears from the data. What is...

Persistent link: https://www.econbiz.de/10014070762

Functional specialisation in global value chains and the middle-income trap

Stöllinger, Roman - 2019

asymmetries within the world economy. This paper presents empirical evidence on this asymmetry confirming that developing …

Persistent link: https://www.econbiz.de/10012154255

Does financial integration spur economic growth? : new evidence from the first era of financial globalization

Schularick, Moritz; Steger, Thomas M. - 2006 - This version: March 2006

economic growth of peripheral economies during the so-called first age of financial globalization before 1914. For this paper … globalization. Our temptative explanation for this marked difference between now and then stresses property rights protection as a …

Persistent link: https://www.econbiz.de/10011793640

West versus East : Early Globalization and the Great Divergence

Dobado Gonzáles, Rafael - 2013

) a search for statistical evidence in the East of an “Early Globalization” comparable to the one ongoing in the West by … (agents, policies, etc.) and with dissimilar effects on long-run economic growth; 3) the absence of an “Early Globalization …” in the East reveals the existence of some economic and institutional limitations in this part of the world and …

Persistent link: https://www.econbiz.de/10013078780

Protectionism and Economic Growth : Causal Evidence from the First Era of Globalization

Potrafke, Niklas; Ruthardt, Fabian; Wuthrich, Kaspar - 2021

We investigate how protectionist policies influence short-run economic growth. Our empirical strategy exploits an extraordinary tax scandal that gave rise to an unexpected change of government in Sweden. A free-trade majority in parliament was overturned by a protectionist majority in 1887. The...

Persistent link: https://www.econbiz.de/10013227482

Globalization, structural transformation, and the labor income share

Suzuki, Ken; Oishi, Yoko; Paul, Saumik - 2018

This paper provides novel empirical evidence on the role of trade and structural transformation as potential drivers of the labor income share. Using cross-country data, both at the national and sectoral level, we find that trade openness is negatively correlated with the labor income share. The...

Persistent link: https://www.econbiz.de/10011936036

Why economic growth trends differ so much across developing countries : the globalization debate and its relevance to Pakistan

Nunnenkamp, Peter - 2002

The claim of globalization critics that the income gap to industrial countries is bound to widen for essentially all … developing countries as a consequence of economic globalization is in conflict with empirical evidence. Economic performance … and foreign indebtedness which may explain the varying experience with globalization in regard to per capita income growth …

Persistent link: https://www.econbiz.de/10011495392