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Security concerns in a context of increasingly segmented supply chains have led to stricter border control measures, which may potentially negatively affect international trade. Customs around the world have therefore implemented security-motivated certification programs to facilitate licit...
Persistent link: https://www.econbiz.de/10011486503
India and Pakistan are the leading textile trading nations in the world. Among the major sectors, the textile and clothing sector accounts for the largest share in trade between India and Pakistan chiefly because of the similarities in culture and the importance of the sector in their economies....
Persistent link: https://www.econbiz.de/10011508013
The world economy is increasingly shaped by cross-border production and investment activity. The paper uses complex network analysis along with panel data econometric techniques to study the structure and interactions between the networks of global value chains (GVC) and foreign direct...
Persistent link: https://www.econbiz.de/10012589359
Exports serve as an engine of economic growth and can potentially help countries come out of poverty and unemployment. However, as the production process is increasingly getting fragmented globally, greater exports no longer imply higher domestic production, as imports of intermediate products...
Persistent link: https://www.econbiz.de/10012233579
Market exchange is subject to an endogenously-determined level of predation which impedes specialization and gains from trade. Utility-maximizing agents opt between careers in specialized production and careers in predation. Three types of equilibria may emerge, autarky (with no predation and no...
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