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Global Supply Chains, Currency Undervaluation, and Firm Protectionist Demands
Jensen, J. Bradford - 2013
We examine firm participation in global supply chains to help explain a puzzling decline in protectionist demands in the U.S. despite increased import competition and ongoing currency undervaluation. To explain firm responses to undervaluation, we rely on advances in the international trade...
Persistent link: https://www.econbiz.de/10012459423
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Supply-Chain Trade : A Portrait of Global Patterns and Several Testable Hypotheses
Baldwin, Richard - 2013
since 1995. The paper draws on a variety of data sources but most heavily on the recent World Input-Output Database. China …
Persistent link: https://www.econbiz.de/10012459705
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Global Supply Chains and Wage Inequality
Costinot, Arnaud - 2012
A salient feature of globalization in recent decades is the emergence of "global supply chains" in which different … top of these chains. This suggests that the consequences of globalization on wage inequality may be very different in …
Persistent link: https://www.econbiz.de/10012460683
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How Far Goods Travel : Global Transport and Supply Chains from 1965-2020
Ganapati, Sharat; Wong, Woan Foong - National Bureau of Economic Research - 2023
. Participation of emerging economies in world trade and longer-distance trade between countries contribute to this usage increase …
Persistent link: https://www.econbiz.de/10014250184
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Global Supply Chains : The Looming "Great Reallocation"
Alfaro, Laura; Chor, Davin - National Bureau of Economic Research - 2023
Global supply chains have come under unprecedented stress as a result of US-China trade tensions, the Covid-19 pandemic, and geopolitical shocks. We document shifts in the pattern of US participation in global value chains over the last four decades, in terms of partner countries, products, and...
Persistent link: https://www.econbiz.de/10014372418
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Monetary Policy in an Era of Global Supply Chains
Wei, Shang-Jin - 2020
We study the implications of global supply chains for the design of monetary policy, using a small-open economy New Keynesian model with multiple stages of production. Within the family of simple monetary policy rules with commitment, a rule that targets separate producer price inflation at...
Persistent link: https://www.econbiz.de/10012479127
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Conceptual Aspects of Global Value Chains
Antràs, Pol - 2019
I offer an overview of some key conceptual aspects associated with the rise of global value chains (GVCs). I outline a series of alternative interpretations and definitions of what the rise of GVCs entails, and I trace the implications of these alternative conceptualizations for the measurement...
Persistent link: https://www.econbiz.de/10012480483
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Global Supply Chains in the Pandemic
Bonadio, Barthélémy - 2020
supply. The average GDP drop would have been - 30:2% in a world without trade in inputs and final goods. This is because …
Persistent link: https://www.econbiz.de/10012481807
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Trading Tasks : A Simple Theory of Offshoring
Grossman, Gene M. - 2006
For centuries, most international trade involved an exchange of complete goods. But, with recent improvements in transportation and communications technology, it increasingly entails different countries adding value to global supply chains, or what might be called "trade in tasks." We propose a...
Persistent link: https://www.econbiz.de/10012465939
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Global Value Chains
Antràs, Pol; Chor, Davin - National Bureau of Economic Research - 2021
approach" to measuring the relevance of global production sharing in the world economy, and we also offer a critical evaluation … of the country- and industry-level datasets (or World Input Output Tables) that have been used to date. We next discuss …-level quantitative frameworks that are easily calibrated with World Input Output Tables, and that open the door for counterfactual …
Persistent link: https://www.econbiz.de/10012496102