Showing 1 - 10 of 1,687
This paper makes two methodological contributions. First, it proposes a framework to decompose total production activities at the country, sector, or country-sector level, to different types, depending on whether they are for pure domestic demand, traditional international trade, simple GVC...
Persistent link: https://www.econbiz.de/10012455459
We develop a property-rights model of the firm in which production entails a continuum of uniquely sequenced stages. In each stage, a final-good producer contracts with a distinct supplier for the procurement of a customized stage-specific component. Our model yields a sharp characterization for...
Persistent link: https://www.econbiz.de/10012460498
This paper proposes a framework for gross exports accounting that breaks up a country's gross exports into various value-added components by source and additional double counted terms. By identifying which parts of the official trade data are double counted and the sources of the double...
Persistent link: https://www.econbiz.de/10012460081
have made it possible to trade in some business and computing services that were previously considered non-tradable. This … paper estimates the effects of offshoring on productivity in US manufacturing industries between 1992 and 2000. It finds … that service offshoring has a significant positive effect on productivity in the US, accounting for around 10 percent of …
Persistent link: https://www.econbiz.de/10012466745
We develop a unified framework to trace value added along global supply chains in the presence of foreign direct investment by decomposing either GDP based on forward linkages or final production based on backward linkages. The new framework accounts for the presence of foreign invested...
Persistent link: https://www.econbiz.de/10012660013
This study estimates the labor force participation rate (LFPR) of older males in Korea from 1955 to 2005, and analyzes … males in Korea between 1965 and 1995 is largely explained by the dramatic increase in the labor-market activity of the rural …
Persistent link: https://www.econbiz.de/10012463847
We study how the rise of trade in services with China and India has impacted U.S. labour markets. The topic has two …
Persistent link: https://www.econbiz.de/10012461099
trade in services - especially trade in intermediate services. Barriers are radically higher and falling radically faster … for services versus goods, and, unlike farm and factory goods, there is no capacity constraint when it comes to the export … of intermediate services from emerging markets. Undertaking the macroeconomic analysis for services trade that was done …
Persistent link: https://www.econbiz.de/10013361972
-level productivity evolution and the equilibrium market configuration. A counterfactual experiment reveals that a 15% R&D subsidy …
Persistent link: https://www.econbiz.de/10012938702
productivity of the targeted industries and regions grew significantly faster than those of non-targeted ones. While the plant …-level total factor productivity also grew faster in targeted industries and regions, the misallocation of resources within them … got significantly worse, especially among the entrants, so that the total factor productivity at the industry-region level …
Persistent link: https://www.econbiz.de/10012629472