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interdependent, and the O-ring theory of production is such a theory. The paper first presents and modifies this model and then … to trade barriers and infrastructure quality and cost of infrastructural services. The relative importance of trade … barriers and various indicators of infrastructure vary between sectors. Vertical specialization in the electronics sector …
Persistent link: https://www.econbiz.de/10012883932
interdependent, and the O-ring theory of production is such a theory. The paper first presents and modifies this model and then … to trade barriers and infrastructure quality and cost of infrastructural services. The relative importance of trade … barriers and various indicators of infrastructure vary between sectors. Vertical specialization in the electronics sector …
Persistent link: https://www.econbiz.de/10010205555
This paper explores patterns of quality differentiation and specialization relying on model-level panel data of retail sales and prices of refrigerators across 23 countries in the European Union. Unlike customs data aggregated at the product category, typically used in the literature,...
Persistent link: https://www.econbiz.de/10013245628
This paper explores patterns of quality differentiation and specialization relying on model-level panel data of retail sales and prices of refrigerators across 23 countries in the European Union. Unlike customs data aggregated at the product category, typically used in the literature,...
Persistent link: https://www.econbiz.de/10012433943
This paper explores patterns of quality differentiation and specialization relying on model-level panel data of retail sales and prices of refrigerators across 23 countries in the European Union. Unlike customs data aggregated at the product category, typically used in the literature,...
Persistent link: https://www.econbiz.de/10014533531
The core idea behind the paper is that trade policy matters for the organization of global value chains, a notion largely neglected by economists but which has important implications for our understanding of trade and the international transmission of trade policy shocks. We develop a...
Persistent link: https://www.econbiz.de/10013049282
The simultaneous exports and imports within same industries is well known as the intra-industry trade (IIT). Since the pioneering empirical literatures of Balassa (1966)1) and Grubel and Lloyd (1975)2), bunch of empirical and theoretical papers studied this new paradigm of international trade...
Persistent link: https://www.econbiz.de/10014241145
Multi-stage production is widely recognized as an important feature of the modern global economy. This feature has been incorporated into many state-of-the-art quantitative trade models, and has been shown to deliver significant additional gains from international trade. Meanwhile,...
Persistent link: https://www.econbiz.de/10011637447
The core idea behind the paper is that trade policy matters for the organization of global value chains, a notion largely neglected by economists but which has important implications for our understanding of trade and the international transmission of trade policy shocks. We develop a...
Persistent link: https://www.econbiz.de/10010336935
This paper explores the impact of vertical specialization on world trade within the framework of the O-ring theory of … in low-cost countries will only have an incentive to upgrade quality if adequately efficient infrastructure, logistics …
Persistent link: https://www.econbiz.de/10010205552