Winners and Losers of Globalization: Sixteen Challenges for Measurement and Theory

C Hornok, M Koren

    Research output: Contribution to Book/Report typesChapterpeer-review

    Abstract (may include machine translation)

    The goal of this chapter is to summarize the state of the art in research in international trade and global production, and discuss issues relevant to European policymakers. Much of recent research on globalization is primarily empirical, owing to the proliferation of available data. We begin by discussing recent advances in measuring the causes and effects of globalization, and discussing the particular data challenges that have emerged. We then turn to theories of trade and global production, first summarizing the conclusions on which there is a broad consensus in the field. We discuss new insights that may be relevant for policy-makers, and open research questions.
    Original languageEnglish
    Title of host publicationEconomics Without Borders
    Subtitle of host publicationEconomic Research for European Policy Challenges
    EditorsR Blundell , E Cantillon, B Chizzolini, M Ivaldi, W Leininger, R Marimon, Laszlo Matyas, F Steen
    Number of pages36
    DOIs
    StatePublished - 2017

    Keywords

    • FOREIGN DIRECT-INVESTMENT
    • POLICY UNCERTAINTY THEORY
    • TRADE LIBERALIZATION
    • INTERNATIONAL-TRADE
    • PRODUCT DIFFERENTIATION
    • FIRM HETEROGENEITY
    • INCREASING RETURNS
    • INDUSTRIAL-POLICY
    • DOMESTIC FIRMS
    • SERVICES TRADE

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