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Increasing fragmentation of production across borders is changing the nature of international competition. As a result, conventional indicators of competitiveness based on gross exports are becoming less informative and new measures are needed. This paper proposes an ex-post accounting framework...
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"China has emerged as one of the top recipients of foreign direct investment in the world. Meanwhile, the successful … global foreign direct investment. In this paper, the authors use a panel data set to investigate whether foreign direct … investment flows to these two regions are complements, substitutes, or independent of each other. Taking into account the role of …
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