Dynamics of Globalization - AIB Northeast 2007 Conference
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Academy of International Business Northeast U.S. Annual Conference
October 18-20, 2007 ~ Portsmouth, NH
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Browsing Dynamics of Globalization - AIB Northeast 2007 Conference by Subject "international trade"
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Item Applying system dynamics modeling of innovation’s effects on wages(Southern New Hamsphire University, 2007-10) Beaudry, David N.Using system dynamics modeling tools, this paper explains the effects of innovations on relative international wages based on two countries. The Heckscher-Ohlin model of international trade is the bases factor-proportions theory. The paper also incorporates related research by Stolper & Samuelson, Vernon, Krugman and Dollar. System Dynamics Modeling is being used to demonstrate of innovation’s effects on wages because this type of modeling permits a visual representation of the cause and effects of innovation on wages in an international trade environment. The paper demonstrates the effects of innovation and technology adoption on relatives wage differential between the countries. It demonstrates the importance of innovation as a tool to maintain wages in a capital-abundant country and the importance of technology adoption in a labor-abundant country.Item Do oil exports increase the perception of corruption?(Southern New Hampshire University, 2007-10) Riveras, JorgeMany authors have written about the "resource curse" where countries with large abundance of mineral resources have a consistent pattern of slow growing economies. Through the use of a logistic regression, that employs corruption perception index, economic freedom index, gross domestic product per capita, unemployment and oil exports; this paper finds that there is not causal relationship between country's oil exports and the corruption perception. Nevertheless, other factors used in the model such as the economic freedom and level of development show a strong correlation with the country's corruption perception.