Showing 1 - 10 of 22
We combine data on trade, production, and input use to document changes in the value added content of trade between 1970 and 2009. The ratio of value-added to gross exports fell by roughly 10 percentage points worldwide. The ratio declined 20 percentage points in manufacturing, but rose in...
Persistent link: https://www.econbiz.de/10012976994
This paper makes two methodological contributions. First, it proposes a framework to decompose total production activities at the country, sector, or country-sector level, to different types, depending on whether they are for pure domestic demand, traditional international trade, simple GVC...
Persistent link: https://www.econbiz.de/10012960797
We combine data on trade, production, and input use to compute the value added content of trade for forty-two countries from 1970 to 2009. For the world, the ratio of value added to gross trade falls by ten to fifteen percentage points, with two-thirds of this decline in the last two decades....
Persistent link: https://www.econbiz.de/10013104723
We develop a property-rights model of the firm in which production entails a continuum of uniquely sequenced stages. In each stage, a final-good producer contracts with a distinct supplier for the procurement of a customized stage-specific component. Our model yields a sharp characterization for...
Persistent link: https://www.econbiz.de/10013104981
Popular literature suggests a rapid narrowing of the technology gap between China and the U.S. based on large … (especially in sciences) in China in recent years. Little literature attempts to measure the technology gap directly using … the later reflect both differing factor endowments and technology parameters. This paper assesses changes in China …
Persistent link: https://www.econbiz.de/10013013187
The China (Shanghai) Pilot Free Trade Zone (SPFTZ) founded one year ago is a trial for China's new round of reform and … also make a preliminary assessment of the SPFTZ's initial impacts, especially of its impact on China's capital account … replicated in China will give rise to a more balanced Chinese economy in the following decade …
Persistent link: https://www.econbiz.de/10013028068
We assess the impact of U.S. trade policy uncertainty (TPU) toward China in a tractable general equilibrium framework … turn reduces trade flows and real income for consumers. We apply the model to analyze China's export boom around its WTO …
Persistent link: https://www.econbiz.de/10013035139
the industry and commuting-zone levels, and then estimates the impact of the `China shock' on each job-flow type. The … China shock is accounted for by either the increase in Chinese import penetration in the U.S., or by the U.S. policy change … that granted Permanent Normal Trade Relations (PNTR) status to China. We find that the China shock affects U.S. employment …
Persistent link: https://www.econbiz.de/10012941975
evolve as we expected. China is likely to graduate from the periphery to the center in the next few years. This graduation … cycle. Finally, recent policy initiatives suggest that India is poised to replace China as the dominant periphery country …
Persistent link: https://www.econbiz.de/10013047779
Trade between the whole of Africa and China (imports and exports summed) grew from $10.6 billion to $73.3 billion … between 2000 and 2007, and between Sub-Saharan Africa and China from $7 billion to $59 billion over the same period. China is … million in 1990 to $2.6 billion in 2006. On the basis of these data, one frequently hears the claim that China is now a …
Persistent link: https://www.econbiz.de/10012771826