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Globalization, Social Welfare and Labor Market Inequalities AgEcon
Tisdell, Clement A.; Svizzero, Serge.
Income inequality has increased sharply in higher income countries. Theories attributing this to bifurcation of labor markets are examined. Some theorists attribute this bifurcation primarily to technical change with influence from globalization. Others take an opposite viewpoint. A contrasting view presented here is that globalization is strongly linked with technological change more significantly even if globalization increases economic efficiency and growth in high-income countries, it can raise income inequality and reduce social welfare. International fiscal competitiveness may, it is argued, contribute to income inequality and make all nations worse off. Trends in public social expenditure and in taxation receipts in higher income countries,...
Tipo: Working or Discussion Paper Palavras-chave: Fiscal competition; Globalization; Income inequality; Labor markets; Public economics; Labor and Human Capital; Public Economics; J00; F00; L00.
Ano: 2003 URL: http://purl.umn.edu/90525
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Technology and Human Development AgEcon
Ranis, Gustav.
Human development, in combination with technology, yields economic growth which, in turn, is necessary to generate further advances in human development. This paper focuses on the first channel above and finds the relationship significant. Secondly, the paper tries to investigate what affects technology change, as represented by TFP. We examine the influence of openness, FDI, patents and R&D in a 22 country sample and also contrast Asian and Latin American experience.
Tipo: Working Paper Palavras-chave: Technology; Human Development; International Development; F00; F16; J24; O10; O15; O30; O31; O32.
Ano: 2011 URL: http://purl.umn.edu/118649
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Competition Intensity, Potential Competition and Transaction Cost Economics AgEcon
Busse, Matthias.
As the process of globalisation of the world economy progresses, the degree of international competition among enterprises increases as well. Yet not all industries or branches are affected to the same extent by this development. One of the most important factors which determine the degree of globalisation of an industry is the level of transaction costs. Whereas low transaction costs tend to result in globalised markets, high transaction costs induce segmented markets. Because they may also indicate the degree of potential competition, transaction costs can be of great importance for competition authorities in the case of corporate mergers and acquisitions. Heterogeneous consumer preferences and product differentiation, as two additional determinants of...
Tipo: Working or Discussion Paper Palavras-chave: Transaction costs; Potential competition; Competition policy; International Relations/Trade; F00; F13; D23.
Ano: 2002 URL: http://purl.umn.edu/26168
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Transaktionskosten und Wettbewerbspolitik AgEcon
Busse, Matthias.
The globalisation of the world economy increases international competition among companies. However, not all industries will be affected by the same extent. The degree of globalisation of an industry will be particularly influenced by the level of transaction costs. Low transaction costs will lead to globalised markets, high transaction costs to segmented markets. On the other hand, one has to consider heterogeneous consumer preferences and product differentiation as two additional factors of influence as well as the fact that transaction costs can only be roughly calculated. If these limitations are kept in mind, transaction costs could be of great importance for competition policy in determining the degree of international competition among firms. Die...
Tipo: Working or Discussion Paper Palavras-chave: Transaction costs; Trade; Competition policy; International Relations/Trade; F00; F13; D23.
Ano: 2001 URL: http://purl.umn.edu/26144
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