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Super-Specialization and the Gains from Trade

Arndt, Sven W. - Lowe Institute of Political Economy, Claremont McKenna … - 1998

-product specialization, super-specialization, or production fragmentation. This advanced stage in the international division of labor works …

Persistent link: https://www.econbiz.de/10005754966

Globalization and the Open Economy

Arndt, Sven W. - Lowe Institute of Political Economy, Claremont McKenna … - 1997

Does offshore sourcing by domestic producers destroy jobs? Does it lower wages? To a growing number of observers the answer to both questions appears to be affirmative. This paper examines the issue in the context of a conventional trade framework that has been amended to allow production to be...

Persistent link: https://www.econbiz.de/10005754967

Production Sharing and Singapore's Global Competitiveness

Arndt, Sven W. - Lowe Institute of Political Economy, Claremont McKenna … - 2002

This chapter investigates the contribution of cross-border production networks to the international competitiveness of a nation's producers. Cross-border sourcing of components has effects on productivity and efficiency that are very similar to those of technical progress. When a country's...

Persistent link: https://www.econbiz.de/10005754972

Trade, Production-Sharing and the Exchange Rate: A Decade of U.S.-Mexican Integration

Arndt, Sven W.; Huemer, Alex - Lowe Institute of Political Economy, Claremont McKenna …

This paper examines the effect of cross-border production sharing on the sensitivity of trade to the exchange rate and to other key variables. Theoretically, the response of a country's exports to the exchange rate should decline as the share of exported components for use in the manufacture of...

Persistent link: https://www.econbiz.de/10005754973

Global Production Networks and Regional Integration

Arndt, Sven W. - Lowe Institute of Political Economy, Claremont McKenna … - 2003

This paper examines the implications of cross-border production fragmentation in the context of regional integration …, using both general- and partial-equilibrium approaches. It shows the conditions under which fragmentation converts a trade …-diverting FTA into a trade creating one. It assesses the effect of fragmentation on the balance of payments and the sensitivity of …

Persistent link: https://www.econbiz.de/10005754975

Trade, Technical Change, and Welfare

Arndt, Sven W. - Lowe Institute of Political Economy, Claremont McKenna … - 2002

The domestic repercussions of trade liberalization have come under intense scrutiny in recent years. Trade liberalization and other aspects of globalization have been blamed for income inequality in the United States and unemployment in Europe. A key concern has been trade with low-wage...

Persistent link: https://www.econbiz.de/10005700465

Globalization and economic development

Arndt, Sven W. - Lowe Institute of Political Economy, Claremont McKenna … - 1999

A feature of the continuing integration of the world economy is the globalization of production and the consequent rise of trade in parts and components. Products are more internationalized and less identified with any particular country. Non-trivial shares of the value-added of many exports...

Persistent link: https://www.econbiz.de/10005700467

Regional Enterprise in Preference Areas

Arndt, Sven W. - Lowe Institute of Political Economy, Claremont McKenna … - 2001

, also known as cross-border fragmentation of production. It evaluates the effect on competitiveness in end-product markets …

Persistent link: https://www.econbiz.de/10005818700

Trade Diversion and Production Sharing

Arndt, Sven W. - Lowe Institute of Political Economy, Claremont McKenna … - 2004

-diverting elements of an FTA. It follows, that rules of origin, viewed as constraints on cross-border fragmentation, augment the negative …

Persistent link: https://www.econbiz.de/10005818701