“Globalization” and Relocation in a Vertically Differentiated Industry PDF Download

Author: Mr.Tito Cordella
Publisher: International Monetary Fund
ISBN: 1451846711
Category : Business & Economics
Languages : en
Pages : 21

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Book Description
This paper uses a vertical differentiation duopoly framework to analyze firms’ relocation decisions, when the removal of trade barriers or restrictions on capital outflows or inflows (“globalization”) allows them to serve the domestic market through foreign plants in low-wage countries. The relocation of the entire industry yields net welfare costs, but the relocation of one (and only one) firm, may be welfare improving. When the economy is “high-(or low-) quality biased,” the relocation of the firm producing the high- (or low-) quality variant is preferred, on welfare terms, to that of other firms, if the wage differential is large enough.

Author:
Publisher:
ISBN:
Category : Economic policy
Languages : en
Pages : 264

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Book Description

Author: Tito Cordella
Publisher:
ISBN:
Category :
Languages : en
Pages : 20

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Book Description
This paper uses a vertical differentiation duopoly framework to analyze firms` relocation decisions, when the removal of trade barriers or restrictions on capital outflows or inflows (globalization) allows them to serve the domestic market through foreign plants in low-wage countries. The relocation of the entire industry yields net welfare costs, but the relocation of one (and only one) firm, may be welfare improving. When the economy is high-(or low-) quality biased, the relocation of the firm producing the high- (or low-) quality variant is preferred, on welfare terms, to that of other firms, if the wage differential is large enough.

Author: International Labour Office. Central Library and Documentation Branch
Publisher:
ISBN:
Category : Labor
Languages : en
Pages : 634

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Book Description

Author: D. Das
Publisher: Springer
ISBN: 1403938679
Category : Business & Economics
Languages : en
Pages : 227

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Book Description
Dilip K. Das succintly covers the principal normative and positive strands that one needs to be properly familiar with in the area of economic globalization. The selection and rejection of themes for coverage in the book has been carefully done. The picture of globalization has been painted with a broad brush. The unique feature that distinguishes it from the competition is its succinct coverage of numerous, carefully selected, thematic issues that falls under the rubric of globalization. The book is easy to access for the target readership because of its descriptive analysis style.

Author: Joseph E. Stiglitz
Publisher: W. W. Norton & Company
ISBN: 0393330281
Category : Business & Economics
Languages : en
Pages : 401

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Book Description
Nobel Prize winner Stiglitz focuses on policies that truly work and offers fresh, new thinking about the questions that shape the globalization debate.

Author: W. Milberg
Publisher: Springer
ISBN: 023052396X
Category : Business & Economics
Languages : en
Pages : 293

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Book Description
This book brings together the work of international economist, labour economists and sociologists in a far-reaching study of global production networks and the challenges they pose for developing country workers. A number of both empirical and theoretical questions are addressed and answers are provided by drawing on a variety of examples - from China to Mexico to South Africa to Eastern Europe. The studies show that globalized production creates a new set of challenges to economic development for entrepreneurs, workers, governments and international organizations.

Author: José Antonio Ocampo
Publisher: Stanford University Press
ISBN: 9780804749565
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
Globalization and Development draws upon the experiences of the Latin American and Caribbean region to provide a multidimensional assessment of the globalization process from the perspective of developing countries. Based on a study by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC), this book gives a historical overview of economic development in the region and presents both an economic and noneconomic agenda that addresses disparity, respects diversity, and fosters complementarity among regional, national, and international institutions. For orders originating outside of North America, please visit the World Bank website for a list of distributors and geographic discounts at http://publications.worldbank.org/howtoorder or e-mail [email protected].

Author: Maurizio Franzini
Publisher: Springer Science & Business Media
ISBN: 3662044072
Category : Business & Economics
Languages : en
Pages : 323

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Book Description
The Department of Public Economics of the Rome University "La Sapienza", in keeping with its primary task of promoting research, not only inside the Department, but also through an exchange of ideas with scholars from Italian and foreign research institutions, periodically organizes conferences and meetings on the important topics of economic theory and policy. Economic globalization clearly belongs to this category. Just consider the widespread effects and consequences of globalization, the range of tools that its analysis requires as well as its impact on the welfare of the populations involved, and the new difficulties it brings about in terms of methods and results of public and regulatory interventions. Therefore, on this very subject, the Department of Public Economics invited a group of scholars, who have been deeply involved with the questions raised by economic globalization, to a direct confrontation. The aim of this conference was to deepen awareness of the phenomenon and its specific impact on the advanced economies of our continent, as well as to formulate proposals for action on both the national and super-national level. This volume, which collects the contributions presented at this meeting, gives an account of the deliberations that took place at the Conference "Globalization, Institutions and Social Cohesion" held at the Faculty of Economics of Rome University "La Sapienza" from the 15th to the 17th of December 1998.

Author: John Glenn
Publisher: Routledge
ISBN: 1134530986
Category : Political Science
Languages : en
Pages : 306

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Book Description
Rather than claim that there exists a common concept of globalization that all parties can agree to, this book seeks to examine some of the conceptions and the way in which they render different interpretations of particular aspects of globalization. The last two decades have witnessed an explosive proliferation of academic writings on the subject of globalization, which has been accompanied by a high level of interest in the media and widespread usage of the term. This has inevitably resulted in the meaning of the concept broadening to include a whole host of issues, running the attendant risk of losing any conceptual focus it had. John Glenn examines five issue areas affected by globalization: the economy sovereignty civil society governance communication. In so doing, the book aims to articulate certain questions within each area, which will allow for some judgment to be made concerning the differing perspectives on globalization. Globalization will be of interest to students of international political economy and politics and international relations in general.