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Vertical specialization is a measure of the import content of exports. Given the widely recognized importance of trade in tasks and global production networks, vertical specialization has recently gained the attention of international trade researchers and policy makers. In this note, we use...
Persistent link: https://www.econbiz.de/10014166031
With the steady growth of global value chains (GVCs), each country's trade now has a more complex relationship with the international division of labor. We decompose the employment effects of a country's trade into five components, specifically the labour content (1) in exports, (2) in imports,...
Persistent link: https://www.econbiz.de/10013082510
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In conventional economic theories, population is determined outside of the economic system. However, classical political economists such as Adam Smith and Thomas Malthus have long argued for the endogenous determination of population, hence establishing a connection between economics and...
Persistent link: https://www.econbiz.de/10011196543
We conduct an input-output analysis of China’s employment changes due to changes in trade structure on sectoral level. We find that between 2002 and 2007 China generated about 71 million jobs due to trade expansion. We also estimate the additional amount of trade that would be needed if China...
Persistent link: https://www.econbiz.de/10011196547
Abstract Vertical specialization is a measure of the import content of exports. Given the widely recognized importance of trade in tasks and global production networks, vertical specialization has recently gained the attention of international trade researchers and policy makers. In this note,...
Persistent link: https://www.econbiz.de/10010878405
Persistent link: https://www.econbiz.de/10010965986
Abstract With the steady growth of global value chains (GVCs), each country’s trade now has a more complex relationship with the international division of labor. We decompose the employment effects of a country’s trade into five components, specifically the labour content (1) in exports, (2)...
Persistent link: https://www.econbiz.de/10010696334