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It has become increasingly common to produce goods in a number of geographically dispersed stages linked by international trade. This tendency, known by names such as "production fragmentation", "processing trade", and "vertical specialization", has important implications for the analysis of...
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China's reported exports to the United States have long been smaller than U.S.-reported imports from China. Earlier explanations for this focused on re-exports through Hong Kong, and appeared to account for most of the difference. Now, even after taking Hong Kong into account properly, there has...
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This paper presents and analyzes patterns of trade for a broad category of technology-intensive products, including ATP (advanced technology products), for a group of 15 economies in Asia, Europe, and the United States. Using export data from 1997-2006, we examine the rate of diffusion...
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