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A second approach focuses on the relationships existing between the variables themselves, using multi-criteria and graph analysis. Natural resources endowments, on the one hand, and services orientation, on the other one, are among the most determinant variables for defining Trade in Value Added...
Persistent link: https://www.econbiz.de/10010376488
Global Manufacturing and International Supply Chains changed the way trade and international economics are understood today. The present essay builds on recent statistical advances to suggest new ways of looking at the demand and supply side approaches when Global Value Chains (GVCs) -...
Persistent link: https://www.econbiz.de/10011435987
This paper analyses the role of services in international trade through the lens of global value chains (GVCs). Services account for more than 70% of world GDP but only for around 20% of world trade in balance of payments terms. In value added terms, accounting for services embodied in exported...
Persistent link: https://www.econbiz.de/10010487579
The WTO's plurilateral Information Technology Agreement (ITA) reduced tariffs to zero on many IT products. This paper presents a comprehensive study of its trade impacts by incorporating recent insights from both the global value chain (GVC) and time in trade literatures. Inserting tariffs...
Persistent link: https://www.econbiz.de/10010482005
competitiveness at the sectoral level for Germany, and compare the empirical evidence with selected other euro area countries …
Persistent link: https://www.econbiz.de/10012919512
Since the outbreak of the COVID-19 pandemic there has been a discussion among researchers and policy makers about changes to global value chains, both about expected changes and changes that should be promoted by government policies. In this paper we conduct an in-depth analysis of the reasons...
Persistent link: https://www.econbiz.de/10012419255
Trade costs such as applied tariffs, transportation and insurance costs are amplified as they pass through the multiple production steps associated with modern supply chains. This so-called "cascade effect" arises since trade costs accumulate as intermediate goods are imported and then...
Persistent link: https://www.econbiz.de/10011594191
The geography of global value chains (GVCs) depends crucially on trade costs between countries hosting various stages of production. Some stages might be more sensitive to trade costs than others. In this paper, we exploit a value-added decomposition of bilateral trade flows to distinguish low...
Persistent link: https://www.econbiz.de/10012126085
Der Einsatz von Ethanol, erzeugt aus landwirtschaftlichen Grundstoffen, wird in vielen Ländern als vorrangige Form praktiziert, um fossile Kraftstoffe in einem gewissen Umfang zu substituieren. Dabei ist weltweit eine steigende Tendenz zu beobachten, und es entstehen durch den Aufbau eines...
Persistent link: https://www.econbiz.de/10005055631
Industrie in Deutschland mit jeweils rund 100 Mrd. DM annähernd gleich hoch, wobei der Exportanteil in das europäische Ausland …
Persistent link: https://www.econbiz.de/10011342597