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This paper studies the mechanism of the division of the gains in high-tech global supply chains. Motivated by the empirical observation which is widely discussed in international business literature so called “smile curve”, this paper demonstrates in a theoretical model that whether or not...
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Resource prices rise when more costly sources need to be exploited. When the world price increases, owners of low … unique properties. We report results for a set of scenarios for a three-region, four-sector, three-resource world economy …-cost endowments relative to world demand and on the differential costs of extraction relative to the highest-cost producer. The paper …
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This paper constructed a simple model to illustrate the global supply chain profit sharing and industrial upgrading mechanism, from which it was found that the average profitability distribution in the different supply chain stages was determined by two main factors: (1) the average product of...
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