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This paper explores the impact of vertical specialization on world trade within the framework of the O-ring theory of production. Within such a framework there is little scope for substituting quantity for quality or for gaining market shares by undercutting established suppliers purely on cost....
Persistent link: https://www.econbiz.de/10010205552
Persistent link: https://www.econbiz.de/10001791903
This study seeks to clarify what vertical specialization/fragmented production/production sharing is, how widespread it is, how it is organized, its driving forces, and what the policy implications are. It presents six country case studies ( USA, Japan, Germany, Brazil, China and South Africa )...
Persistent link: https://www.econbiz.de/10010465320
Persistent link: https://www.econbiz.de/10003443361
This paper presents the services trade restrictiveness indices (STRIs) for logistics services. The STRIs are composite indices taking values between zero and one, zero representing an open market and one a market completely closed to foreign services providers. The indices are calculated for 40...
Persistent link: https://www.econbiz.de/10011403632
This paper explores the impact of vertical specialization on world trade within the framework of the O-ring theory of production. Within such a framework there is little scope for substituting quantity for quality or for gaining market shares by undercutting established suppliers purely on cost....
Persistent link: https://www.econbiz.de/10010330181
This paper explores the impact of vertical specialization on world trade within the framework of the O-ring theory of production. Within such a framework there is little scope for substituting quantity for quality or for gaining market shares by undercutting established suppliers purely on cost....
Persistent link: https://www.econbiz.de/10011115122