IDEAS home Printed from https://ideas.repec.org/a/cvv/journ6/v3y2016i3p482-489.html
   My bibliography  Save this article

On Behavioral Macroeconomics, Globalization, and Economic Growth

Author

Listed:
  • Victor H. ROSAS-MARTINEZ

    (Universita di Siena, Italy)

Abstract

We assess theoretically the effect of forming a free trade union on the total production of a nation, where such effects are caused by the absorption of technologies through different channels. A popular metaphor describes the people as crabs in a bucket because when one crab tries to scape, the others pull it down avoiding a possible way out for all of them. Given this knowledge, posteriorly and independently of the income inequality levels, we extend our analyses to consider the effect of envy in a macroeconomic level on the total production, and draw the implications which this phenomenon has on the formation of free trade unions. We make strategic policy recommendations to allow the achievement of a globalization that benefits each member nation, where we show that the great trade union might have to start in certain order, with gradual and charitable subregional agreements, seasoned with education promotion and possibly a non restricted ideas employment.

Suggested Citation

Handle: RePEc:cvv:journ6:v:3:y:2016:i:3:p:482-489
as

Download full text from publisher

File URL: http://econsciences.com/index.php/JEB/article/download/991/1046
Download Restriction: no
File URL: http://econsciences.com/index.php/JEB/article/view/991
Download Restriction: no
---><---

More about this item

Keywords

;
;
;
;

JEL classification:

  • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
  • F15 - International Economics - - Trade - - - Economic Integration
  • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
  • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

Statistics

Access and download statistics

Corrections

All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cvv:journ6:v:3:y:2016:i:3:p:482-489. See general information about how to correct material in RePEc.

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

We have no bibliographic references for this item. You can help adding them by using this form .

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bilal KARGI (email available below). General contact details of provider: https://journals.econsciences.com/index.php/JEB .

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.