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The literature on backward and forward linkages in global value chains (GVCs) explores the interconnectedness of production processes across different stages and locations within the global economy. The significance of imports in value chains, however, is relatively unexplored. Recognizing...
Persistent link: https://www.econbiz.de/10014540956
The phenomenal rise of the platform economy has reshaped how economies operate across the world. The importance of digital platforms has never been more evident than in combatting the ongoing corona virus (Covid-19) pandemic. Even with the threat of a global recession looming large, technology...
Persistent link: https://www.econbiz.de/10013479031
It is widely believed that vertical integration in an environment without foreclosure, or more generally without any mechanism that restricts competition among firms, raises the welfare of consumers. In this paper we show that this can be overturned in a standard setting. We consider a vertical...
Persistent link: https://www.econbiz.de/10012146440
This paper presents a new method to detect informed trading activities in the options markets.An option trade is …
Persistent link: https://www.econbiz.de/10005868704
reasoning. If arbitrage was indeed the cause of mean reversion, one would expect to see a quantity respose of trade flows at the … significant evidence of trade flows changing at the points of mean reversion. Alternative explanations of mean reversion, notably …
Persistent link: https://www.econbiz.de/10013369946
This paper analyses the proposed free trade agreement (FTA) between EU and India focusing on services trade. Based on … agreement and next predict the impact on services trade flows using a general equilibrium structural gravity analysis. I find …'s trade with the rest of the world would not change much, while India's exports to the rest of the world would decline by …
Persistent link: https://www.econbiz.de/10014331157
In the debate on international waste trade, the focus on resource efficiency and recycling has gradually begun to …
Persistent link: https://www.econbiz.de/10014451721
international trade and automation technologies, suggests that both forces contributed in roughly equal parts to this development. …
Persistent link: https://www.econbiz.de/10014517411
trades, and convincing explanations of the persistence of the Indo-Central Asian trade (for example) despite the growing Indo …-European trade from the seventeenth-century. The customs-union model usefully approximates this trading-situation (i.e. the Europeans … the possibility for trade-creation (i.e. due to substitution between otherwise regionally-specialised production …
Persistent link: https://www.econbiz.de/10005870483
Statistical analysis of Greek sovereign debt denominated in gold and traded on the London Stock Exchange from the outbreak of the First World War until the advent of the Great Depression is employed to explore the way that historical events including political and institutional changes shaped...
Persistent link: https://www.econbiz.de/10005870576