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In this article I introduce a framework for understanding the political effects of globalization on labor. While the globalization literature is rife with references to the effects of sovereignty from global trade and capital networks, there is surprisingly little written about the effects of increased labor mobility on national sovereignty. To fill this void, I adapt Albert Hirschman’s (1970) ...

I test the hypothesis that the mobility of scienti…c and technical personnel is a conduit for knowledge spillovers among innovative …rms. Using a variant of the standard Tobin’s Q equation, I show that …rms who have access to large pools of externally created knowledge in their industrial and technological neighborhoods enjoy additional market value as a result of higher scienti…c labor mobilit...

When capital taxes are used to finance a public good, capital mobility reduces efficiency since it narrows the tax base. This motivates the concern that capital mobility might also interfere with unilateral efforts to provide the public good of environmental quality through pollution taxes. I show in this paper that capital mobility does not affect efficiency in a small open economy, even thoug...