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We show that traditional gravity variables play a significant role in explaining trade flows related to global value chain participation. We find evidence that cooperation costs – measured by linguistic and geographical proximity – are more relevant for trade that reflects cross-border...
Persistent link: https://www.econbiz.de/10012956243
Gross exports accounting is a novel sub-area of research that seeks to allocate the value added in gross trade flows to its true country and sector of origin and country or sector of destination. Various frameworks have been recently proposed to perform such decompositions. This paper reviews...
Persistent link: https://www.econbiz.de/10013031392
This paper integrates two lines of research: trade in global value chains and embodied emissions into a unified conceptual framework. This allows both value-added and emissions to be systematically traced at the country, sector, and bilateral levels through various production network routes. By...
Persistent link: https://www.econbiz.de/10013039833
This paper introduces a new measure of the weighted average number of border crossings in value chain required for a product of one country to reach the final user in another country. It builds on the power series of a new multiplier matrix that models a “melting” part of the initial exports...
Persistent link: https://www.econbiz.de/10012987072
Persistent link: https://www.econbiz.de/10012990218
Measuring international competitiveness is a highly contested issue in contemporary economics. The emergence of global value chains limits the accuracy of traditional export-based measures and calls for the employment of techniques capable of accounting for value added input of individual...
Persistent link: https://www.econbiz.de/10012911969
Infrastructure development is critical to delivering growth, reducing poverty, and addressing broader development goals. This paper surveys the literature on the linkages between infrastructure investment and economic growth, discusses the role of infrastructure in participation in global value...
Persistent link: https://www.econbiz.de/10012912285
The paper offers background information for a sectoral analysis of the Brexit implications on the UK value chains. It analyses trade data through the specific angle of inter-industrial relationships and international supply chains, including employment implications. Using a variety of analytical...
Persistent link: https://www.econbiz.de/10012914928
The emergence of global value chains has opened up new ways to achieve development and industrialization. However, new evidence shows that not all countries have gained from participating in global value chains, and that country-specific characteristics matter for economic upgrading in global...
Persistent link: https://www.econbiz.de/10012920479
Persistent link: https://www.econbiz.de/10012922035