Nations as the place to find his theory of value. And most commentators attribute to Adam Smith some versions of a labor … theory of value. But in those chapters, Smith is looking for a stable unit of measurement of value and the reservation price … of bringing goods to market. We thus suggest that the labor theory of value in Smith is a Ricardian construct, not a …

How the use of industrial robots affects value capture in fragmented global production networks, represented by global … value chains (GVCs), remains an open question. I focus on the automotive industry - the largest consumer of industrial … robots and one of the most traded manufacturing industries - to examine how robot adoption affects value capture through …

The aim of the article is to evaluate the position in global value chains (GVCs) of food processing industries in the … European value chains, and absorption of foreign value added mostly from services industries. These trends are consistent with …