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Despite steady growth of the literature on labor income share, empirical studies are mostly limited to country-level analyses. At the sectoral level, data on labor income share are available only for advanced countries. This paper overcomes this constraint and provides some preliminary outcomes...
Persistent link: https://www.econbiz.de/10011944259
Labor income shares have been falling in many advanced and emerging economies within the last few decades, partly as a result of a combination of impacts from technology and increased global integration. This in turn is associated with the relatively slow growth of wages, especially for...
Persistent link: https://www.econbiz.de/10011944278
protection of this group of workers and the increase in market power concentration have probably contributed to reducing the …
Persistent link: https://www.econbiz.de/10011944279
The labor share in Japan has been declining significantly over the last three decades, accompanied by persistent stagnation and an unprecedented increase in economic inequalities. Since these dynamics are likely to be interrelated, understanding the drivers of the labor share might contribute...
Persistent link: https://www.econbiz.de/10014106667
The development of transport corridors and better trade facilitation enhance cross-border trade flows and stimulate economic integration via stronger regional cooperation. Against this backdrop, this paper intends to analyze the effect of trade facilitation indicators (TFIs) on trade flows in...
Persistent link: https://www.econbiz.de/10014540377
International supply chains are dependent on ease of crossing borders and efficient connectivity in terms of price, speed, and reliability. Initially responding to demand from automobile and electronics firms to connect their European and Chinese supply chains with faster and more reliable...
Persistent link: https://www.econbiz.de/10014540465
The objective of this paper is twofold. First, it examines the effects of the implementation of trade facilitation (TF) measures on international trade flows and on participation in global value chains (GVCs). Second, it provides policy recommendations for developing Asia and the Pacific derived...
Persistent link: https://www.econbiz.de/10014540474
This study investigates the patterns of global value chain (GVC) participation of Pacific island countries (PICs) at the country, industry, and firm levels, utilizing UNCTAD-Eora GVC data (1999-2018) and the World Bank's Enterprise Survey data (2009 and 2015). It also uses the survey data to...
Persistent link: https://www.econbiz.de/10014540519
This paper uses export and import shares of intermediate goods to assess the extent of integration of G20 and non-G20 nations, including least developed countries (LDCs), in global value chains (GVCs). The G20's intermediate trade, especially the imports, recovered fast during and immediately...
Persistent link: https://www.econbiz.de/10015051862
The Great East Japan Earthquake on 11 March 2011 was the biggest earthquake recorded in Japanese seismic history, and the fourth largest recorded in the world. The scope of the disaster far exceeded that of the Hanshin Earthquake of 1995. The repercussions of this disaster spread far beyond the...
Persistent link: https://www.econbiz.de/10010397212