Globalization : the macroeconomic implications of microeconomic heterogeneity
著者
書誌事項
Globalization : the macroeconomic implications of microeconomic heterogeneity
(World scientific studies in international economics / series editor, Robert M. Stern, v. 54)
World Scientific, c2017
大学図書館所蔵 全3件
  青森
  岩手
  宮城
  秋田
  山形
  福島
  茨城
  栃木
  群馬
  埼玉
  千葉
  東京
  神奈川
  新潟
  富山
  石川
  福井
  山梨
  長野
  岐阜
  静岡
  愛知
  三重
  滋賀
  京都
  大阪
  兵庫
  奈良
  和歌山
  鳥取
  島根
  岡山
  広島
  山口
  徳島
  香川
  愛媛
  高知
  福岡
  佐賀
  長崎
  熊本
  大分
  宮崎
  鹿児島
  沖縄
  韓国
  中国
  タイ
  イギリス
  ドイツ
  スイス
  フランス
  ベルギー
  オランダ
  スウェーデン
  ノルウェー
  アメリカ
注記
Includes bibliographical references
内容説明・目次
内容説明
We live in an era of globalization: ever increasing international integration of goods, capital, and labor markets. The benefits and costs of increased trade and financial integration in the world today continue to be hotly debated. The reason globalization is controversial is that the impact of globalization is often nuanced, and theory reveals many possibilities. The impact of globalization on macroeconomic outcomes thus remains an empirical and quantitative question.Levchenko collects, in one volume, the results of a multi-year research program to build heterogeneous firm and sector models for the quantitative evaluation of globalization. The volume explores the impact of globalization on both welfare and macroeconomic fluctuations using these micro-founded quantitative models.Recent advances in international trade have built tractable theoretical models that can be implemented numerically and used to evaluate quantitatively the impact of a variety of phenomena. These models are global in scale - encompassing as many as 80 countries as well as multiple sectors - and at the same time feature rich micro-foundations of firm and technological heterogeneity. This combination means it is now possible to dramatically expand the set of questions that can be answered, in particular regarding the consequences of real-world heterogeneity present in the global economy, both at the firm and sector level.The book uses these frameworks to address the central questions about globalization around the world: the impacts of reductions in trade costs, long-run changes in comparative advantage, and migration of labor, among others. The book aims to provide a unifying perspective that merges traditional theory, econometric evaluation, and quantitative modeling. The running theme of this research program is that in order to understand the macroeconomic impact of globalization, it is essential to measure, and model, the microeconomic heterogeneity in the economy.
目次
- Sectoral Heterogeneity: Ricardian Productivity Differences and the Gains from Trade (Andrei A Levchenko and Jing Zhang) The Global Welfare Impact of China: Trade Integration and Technological Change (Andrei A Levchenko, Julian di Giovanni and Jing Zhang) Comparative Advantage and the Welfare Impact of European Integration (Andrei A Levchenko and Jing Zhang) The Global Labor Market Impact of Emerging Giants: A Quantitative Assessment (Andrei A Levchenko and Jing Zhang) Space permitting: Comparative Advantage, Complexity, and Volatility (Andrei A Levchenko and Pravin Krishna)
- Firm Heterogeneity: Power Laws in Firm Size and Openness to Trade: Measurement and Implications (Andrei A Levchenko, Julian di Giovanni and Romain Ranciere) Firm Entry, Trade, and Welfare in Zipf's World (Andrei A Levchenko and Julian di Giovanni) Firms, Destinations, and Aggregate Fluctuations (Andrei A Levchenko, Julian di Giovanni and Isabelle Mejean) Country Size, International Trade, and Aggregate Fluctuations in Granular Economies (Andrei A Levchenko and Julian di Giovanni) Space permitting: A Global View of Cross-Border Migration (Andrei A Levchenko, Julian di Giovanni and Francesc Ortega)
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