Showing 1 - 10 of 35
This paper integrates two lines of research into a unified conceptual framework: trade in global value chains and embodied emissions. This allows both value added and emissions to be systematically traced at the country, sector, and bilateral levels through various production network routes. By...
Persistent link: https://www.econbiz.de/10011167317
Germany’s export market share increased since 2000, while most industrial countries experienced declines. This study …-shoring). An export model is estimated covering the period 1993–2005. The dominant factor explaining the increase in market share … are trade relationships with fast growing countries. Regionalized production in the export sector also played a part …
Persistent link: https://www.econbiz.de/10005406147
The dual track approach to market liberalization has been widely recognized as the key to the success of the Chinese economic reform. In this paper we study the effectiveness of this strategy in economic environments where the status quo government control is incomplete. We show that in a...
Persistent link: https://www.econbiz.de/10005018070
export share and productivity gains. Productivity growth declines with the share of exports on total sales, up to a threshold …, productivity gains also arise for smaller export shares. One likely explanation of this finding is that being successful in the … export market for exporters of traditional products also requires investments in technological upgrading. These investments …
Persistent link: https://www.econbiz.de/10005357798
Increasingly, a small number of lowwage countries such as China, India and Mexico are involved in incremental innovation. That is, they are responsible for resolving productionline bugs and suggesting product improvements. We provide evidence of this new phenomenon and develop a model in which...
Persistent link: https://www.econbiz.de/10005738681
Quantifying the welfare effects of trade liberalization is a core issue in international trade. Existing frameworks assume perfect labor markets and therefore ignore the effects of aggregate employment changes for welfare. We develop a quantitative trade framework which explicitly models labor...
Persistent link: https://www.econbiz.de/10010877646
Previous empirical research has assumed that goods trade responds to goods trade preferentialism only, while other forms of preferentialism – such as services trade or investment preferentialism – are irrelevant for goods trade. This paper provides novel evidence for the gains from a broader...
Persistent link: https://www.econbiz.de/10010877855
Using a novel common econometric specification, we examine the measurement of three important effects in international trade that historically have been addressed largely separately: the (partial) effects on trade of economic integration agreements, national borders, and bilateral distance....
Persistent link: https://www.econbiz.de/10010948834
This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi (RMB) vis-à-vis the USD from 2005 to 2008 on the prices charged by US producers. As the RMB during that time was pegged to a basket of currencies, the empirical strategy must account for the fact...
Persistent link: https://www.econbiz.de/10010535633
Recent empirical studies have been searching for evidence on and driving forces for offshoring. Frequently, this has been done by analyzing gross trade flows related to offshore activities using gravity equations augmented by ad hoc measures of supply-side country differences. This paper...
Persistent link: https://www.econbiz.de/10010548148