Showing 1 - 10 of 445
The past decades witnessed big changes in international trade with the rise of global value chains. Some countries, such as China, Poland, and Vietnam rode the tide, while other countries, many in the Africa region, faltered. This paper studies the determinants of participation in global value...
Persistent link: https://www.econbiz.de/10012834362
We develop a network trade model with country-sector level input-output linkages. It includes (1) domestic and global value chain linkages between all country-sectors, (2) direct as well as indirect shipments (via other sectors and countries) to a final destination, (3) value added rather than...
Persistent link: https://www.econbiz.de/10012892112
Production processes are increasingly organized in international value-chain networks. The involved firms can be operating at arm’s length or be vertically integrated. Both the incidence and the direction of integration (backward or forward in the value chain) depend on specific...
Persistent link: https://www.econbiz.de/10013224089
Recent disruptions to global value chains (GVCs) have raised an important question: Can decoupling from GVCs increase a country’s welfare by reducing its exposure to foreign supply shocks? We use a quantitative trade model to simulate GVCs decoupling, defined as increased barriers to global...
Persistent link: https://www.econbiz.de/10013227605
how this distinction affects the returns to offshoring, the welfare effects of technical change and the social efficiency …
Persistent link: https://www.econbiz.de/10013307214
vertical integration of both upstream intermediate input production and of offshoring of downstream assembly …
Persistent link: https://www.econbiz.de/10014080608
We study how technology adoption and changes in global value chain (GVC) integration jointly affect labor shares and business function specialization in a sample of 14 manufacturing industries in 14 European countries in 1999–2011. Our main contribution is to highlight the indirect effect of...
Persistent link: https://www.econbiz.de/10014260701
equilibrium where input sub-bundles may be traded (offshoring). The model allows for several goods and two fragments, produced … with high-skilled and low-skilled labor. I address wage and welfare effects under flexible wages, and under a minimum wage …. I also explore trade policy implications and compare offshoring to migration. …
Persistent link: https://www.econbiz.de/10010274459
expenditures in Asia. Neither do the results suggest that the nexus between globalisation and social expenditures varied across …
Persistent link: https://www.econbiz.de/10012892254
A service provider firm in an outsourcing relationship is distinct from a typical firm because it is not a stand alone … organization and fits somewhere in between the value chain of its client's business. Thus, conventional factors like wages, capital …, rent, energy consumption cannot appropriately determine a Business Process Outsourcing (BPO) firm's productivity. Academic …
Persistent link: https://www.econbiz.de/10013316837