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Stages of diversification in a neoclassical world
Batista, Catia; Potin, Jacques - 2013
Recent research has documented a U-shaped industrial concentration curve over an economy's development path. How far can neoclassical trade theory take us in explaining this pattern? We estimate the production side of the Heckscher-Ohlin model using industry data on 44 developed and developing...
Persistent link: https://www.econbiz.de/10010221543
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Specialization patterns in international trade
Steingress, Walter - 2015
Persistent link: https://www.econbiz.de/10011305248
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Covid-19 shocking global value chains
Eppinger, Peter S.; Felbermayr, Gabriel; Krebs, Oliver; … - 2020
(in contrast to final goods trade) in transmitting the shock. In a hypothetical world without GVCs, the welfare loss due …
Persistent link: https://www.econbiz.de/10012291860
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Covid-19 shocking global value chains
Eppinger, Peter S.; Felbermayr, Gabriel; Krebs, Oliver; … - 2020
(in contrast to final goods trade) in transmittingthe shock. In a hypothetical world without GVCs, the welfare loss due to …
Persistent link: https://www.econbiz.de/10012269809
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Fragmentation in Global Trade : Accounting for Commodities
Bolhuis, Marijn; Chen, Jiaqian; Kett, Benjamin - 2023
We construct a new database which covers production and trade in 136 primary commodities and 24 manufacturing and service sectors for 145 countries. Using this new more granular data, we estimate spillover effects from plausible trade fragmentation scenarios in a new multi-country, multi-sector,...
Persistent link: https://www.econbiz.de/10014358436
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Decoupling global value chains
Eppinger, Peter S.; Felbermayr, Gabriel; Krebs, Oliver; … - 2021
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/10012514530
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Decoupling Global Value Chains
Eppinger, Peter S.; Felbermayr, Gabriel; Krebs, Oliver; … - 2021
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
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Testing competing world trade models against the facts of world trade
Minford, Patrick; Xu, Yongdeng; Dong, Xue - 2021
We carry out an indirect inference test of two versions of a computable general equilibrium (CGE) model of world trade …. One of these, the ‘classical’ model,is well-known as the Heckscher-Ohlin-Samuelson model of world trade, in which … countries trade homogeneous products in world markets and produce according to their comparative advantage as determined by …
Persistent link: https://www.econbiz.de/10012602338
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Country size and trade in intermediate goods
Soo, Kwok Tong - 2016
Persistent link: https://www.econbiz.de/10012176997
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Comparative Advantage in Innovation and Production
Somale, Mariano - 2017
This paper develops a multi-country, general equilibrium, semi endogenous growth model of innovation and trade in which specialization in innovation and production are jointly determined. The distinctive element of the model is the ability of the agents to direct their research efforts to...
Persistent link: https://www.econbiz.de/10014121186