Arbeitspapier
Globalization, Productivity Growth, and Labor Compensation
We analyse how changes in international trade integration affect productivity and the functional income distribution. To account for endogeneity, we construct a leave-out measure for international trade integration for country-industry pairs using international input-output tables. First, we corroborate on the country-industry level that international trade integration increases productivity. Second, we show that international trade integration is associated with higher labour shares in advanced countries but with lower labour shares in manufacturing industries in emerging markets. Finally, we briefly discuss the implications of our results for a possible throwback in international trade integration due to experiences from recent crises.
- Sprache
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Englisch
- Erschienen in
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Series: IZA Discussion Papers ; No. 16010
- Klassifikation
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Wirtschaft
- Thema
-
global value chains
income distribution
globalization
labor share
productivity
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dreger, Christian
Fourné, Marius
Holtemöller, Oliver
- Ereignis
-
Veröffentlichung
- (wer)
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Institute of Labor Economics (IZA)
- (wo)
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Bonn
- (wann)
-
2023
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Dreger, Christian
- Fourné, Marius
- Holtemöller, Oliver
- Institute of Labor Economics (IZA)
Entstanden
- 2023