主题:Globalization, Productivity Growth, and Income Distribution
时间:2018年12月6日(周四)15:30-17:30
地点:京师大厦5层9504
主讲人:Dr Oliver Holtemöller,德国的哈雷-威登堡马丁路德大学(Martin Luther University Halle-Wittenberg)教授
主持人:李实,北京师范大学经济与工商管理学院教授
主讲人简介:Oliver Holtemöller is Professor of Economics at Martin Luther University Halle-Wittenberg and head of the Department of Macroeconomics at the Halle Institute for Economic Research (IWH) since August 2009. Since March 2014, he is also a member of the executive board of the IWH. His research interests including Quantitative Macroeconomics, Business Cycle Analysis and Forecasting, Applied Econometrics and Time Series Analysis, Monetary Economics and Macroeconomic Policy. Academic awards and research grants have been awarded for his outstanding work, especially Excellence Initiative Grant, “Dopaminergic Mechanisms in Economic Decision Making” for 2009-2010; German Research Foundation Grant “Quantitative Macroeconomics” for 2005-2007; German Research Foundation Grant for Doctoral Studies for 1998-2001 and Volksbank Gießen Award for Achieving Outstanding Study Results at the year of 1998.
内容摘要:Since the onset of globalization, production activities have become increasingly fragmented and organized in global value chains (GVC). We investigate the impact of globalization on productivity and labor compensation in advanced and in emerging economies. As indicators for globalization, the foreign share in intermediate inputs and the foreign share in value added are used, extracted from international input output tables. Estimates based on panel models with fixed effects reveal a positive relationship between globalization and productivity. However, the relationship between international trade integration and labor compensation is less clear. We find that hourly wages increase stronger in countries and sectors with higher degree of international trade integration. For advanced economies, the relationship between international trade integration and labor share exhibits different signs for our two measures of globalization. An increase in the foreign share of intermediate inputs is negatively associated with the labor share while the relationship is positive for foreign value added shares. A possible explanation is that different types of workers are affected differently by globalization.