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GVCs. Second, we employ data from the World Input-Output Database (WIOD) to document the empirical evolution of these … patterns in the period 1995-2011; and (ii) provide guidance for how future changes in the world economy are likely to shape the …
Persistent link: https://www.econbiz.de/10012453528
integration choices of firms around the world …
Persistent link: https://www.econbiz.de/10012457087
This paper evaluates the extent to which the world economy has entered a phase of de-globalisation, and it offers some … indicating that the world economy has already entered an era of de-globalisation. Instead, the observed slowdown in globalisation …
Persistent link: https://www.econbiz.de/10012482334
specialization of countries within GVCs in a world with barriers to international trade. With costly trade, the optimal location of …
Persistent link: https://www.econbiz.de/10012455225
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
recently available World Input-Output Database (WIOD) to study the properties of the new measures of the REER for 40 countries …
Persistent link: https://www.econbiz.de/10012458430
countries join the world economy so that globalization increases at the margin, labor standards worsen (improve) at the margin …We ask how globalization affects a government's incentives to set labor standards for its workers. In a stylized … with globalization than it would under autarky, because labor standards are a normal good and the general increase in …
Persistent link: https://www.econbiz.de/10014322750
"By documenting the evolution of Tobin's "q" before, during, and after firms internationalize, this paper provides evidence on the bonding, segmentation, and market timing theories of internationalization. Using new data on 9,096 firms across 74 countries over the period 1989-2000, we find that...
Persistent link: https://www.econbiz.de/10010522397
Persistent link: https://www.econbiz.de/10001791053
This paper provides a general and unified framework to study the role of production networks in international GDP comovement. We first derive an additive decomposition of bilateral GDP comovement into components capturing shock transmission and shock correlation. We quantify this decomposition...
Persistent link: https://www.econbiz.de/10012479927