TY  - RPRT
        AU  - Dreger, Christian
AU  - Fourné, Marius
AU  - Holtemöller, Oliver
        TI  - Globalization, Productivity Growth, and Labor Compensation
        PY  - 2023/Mar/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 16010
        UR  - https://www.iza.org/publications/dp16010
        AB  - 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.
        KW  - global value chains
KW  - income distribution
KW  - globalization
KW  - labor share
KW  - productivity
        ER  -