Showing 1 - 10 of 13
paper is motivated by recent evidence that trade has greatly expanded on the extensive margin (aka fragmentation, offshoring … understood, a sufficient condition for all countries to gain from fragmentation is that the relative world prices of initially … results in interesting subtleties as initially-traded goods change their trade status following fragmentation. I illustrate …
Persistent link: https://www.econbiz.de/10008468576
stages is bounded only by the fragmentation of the underlying engineering process, and lower frictions monotonically increase …
Persistent link: https://www.econbiz.de/10008784697
The trade linked to international production networks – supply-chain trade for short – is associated with momentous global economic changes. This paper presents a portrait of the global pattern of supply-chain trade and how it has evolved since 1995. The paper draws on a variety of data...
Persistent link: https://www.econbiz.de/10011083297
paper, we adapt a general model of fragmentation of production activities to try to capture the specific features of …
Persistent link: https://www.econbiz.de/10005662176
We survey an emerging literature at the intersection of organizational economics and international trade. We argue that a proper modelling of the organizational aspects of production provides valuable insights on the aggregate workings of the world economy. In reviewing the literature, we...
Persistent link: https://www.econbiz.de/10005791747
This study is a comprehensive, empirical analysis of the linkages between governance, institutions, and regional … infrastructure. The empirical results indicate that governance and institutions are crucial for regional infrastructure development … : every one point improvement in governance results in a 1 to 1.5 point rise in regional infrastructure. Countries (and …
Persistent link: https://www.econbiz.de/10009363303
This paper seeks to explore the relationship between economic growth and governance performance in Asian developing …, the state of governance in Asia is not stellar by international comparison. Indeed, a majority of these countries seem to … suffer from a governance deficit. Second, contrary to our expectation, data do not suggest any strong positive link between …
Persistent link: https://www.econbiz.de/10009363600
The primary objective of this paper is to find whether or not the governance and institutions matter for enhancing … Asias trade. In this study, we have performed a comprehensive empirical analysis of the linkages between governance and … trade at the Asian subregional level. Our results indicate that all individual governance indicators except regulatory …
Persistent link: https://www.econbiz.de/10009365058
This Paper presents theory and evidence on the relationship between inequality and institutional quality. We exhibit a model in which the two dynamically reinforce each other and set to test this relationship with a broad array of institutional measures. We establish the double causality between...
Persistent link: https://www.econbiz.de/10005124033
Persistent link: https://www.econbiz.de/10005749275