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A World Factory in Global Production Chains: Estimating Imported Value Added in Chinese Exports

Koopman, Robert; Wang, Zhi; Wei, Shang-Jin - C.E.P.R. Discussion Papers - 2009

The rise of the People’s Republic of China (PRC) in world trade has brought both benefits and anxiety to other economies. For many policy questions, it is crucial to know the extent of foreign value added (FVA) in exports. We review a general formula in Koopman, Wang and Wei (2008) for...

Persistent link: https://www.econbiz.de/10005014569

A theory of trade in a global production network

Bosker, Maarten; Westbrock, Bastian - C.E.P.R. Discussion Papers - 2014

This paper develops a novel theory of trade in a global supply chain. We expand on a monopolistic competition trade model. Countries produce both intermediate and final goods that are sold domestically or, incurring country-pair specific trade costs, internationally. This links countries in a...

Persistent link: https://www.econbiz.de/10011083267

Supply-chain trade: A portrait of global patterns and several testable hypotheses

Baldwin, Richard; Lopez-Gonzalez, Javier - C.E.P.R. Discussion Papers - 2013

The trade linked to international production networks – supply-chain trade for short – is associated with momentous global economic changes. This paper presents a portrait of the global pattern of supply-chain trade and how it has evolved since 1995. The paper draws on a variety of data...

Persistent link: https://www.econbiz.de/10011083297

Input Diffusion and the Evolution of Production Networks

Carvalho, Vasco M; Voigtländer, Nico - C.E.P.R. Discussion Papers - 2015

The adoption and diffusion of inputs in the production network is at the heart of technological progress. What determines which inputs are initially considered and eventually adopted by innovators? We examine the evolution of input linkages from a network perspective, starting from a stylized...

Persistent link: https://www.econbiz.de/10011207397

Demand learning and firm dynamics: evidence from exporters

Berman, Nicolas; Rebeyrol, Vincent; Vicard, Vincent - C.E.P.R. Discussion Papers - 2015

This paper provides evidence that learning about demand is an important driver of firms' dynamics. We present a simple model with Bayesian learning in which firms are uncertain about their idiosyncratic demand parameter in each of the markets they serve, and update their beliefs as noisy...

Persistent link: https://www.econbiz.de/10011213311

Trade Agreements and Enforcement: Evidence from WTO Dispute Settlement

Bown, Chad P.; Reynolds, Kara M. - C.E.P.R. Discussion Papers - 2015

negotiations as potentially addressing the terms-of-trade externality problem that governments implement import protection above … disputes over 1995-2009. Our evidence is consistent with theoretical predictions that larger import volume outcomes are …) as a result of the dispute, larger pre-dispute import volumes, larger import demand elasticities, and smaller foreign …

Persistent link: https://www.econbiz.de/10011272711

What Do We Really Know About Protection Before The Great Depression: Evidence From Italy

Federico, Giovanni; Vasta, Michelangelo - C.E.P.R. Discussion Papers - 2015

The impact of protection on economic growth is one of the traditional issues in economic history, which has enjoyed a revival in recent times, with the publication of a number of comparative quantitative papers. They all share a common weakness: they measure protection with the ratio of custom...

Persistent link: https://www.econbiz.de/10011249381

Production Networks, Geography and Firm Performance

Bernard, Andrew B.; Moxnes, Andreas; Saito, Yukiko U. - C.E.P.R. Discussion Papers - 2015

This paper examines the importance of buyer-supplier relationships, geography and the structure of the production network in firm performance. We develop a simple model where firms can outsource tasks and search for suppliers in different locations. Low search and outsourcing costs lead firms to...

Persistent link: https://www.econbiz.de/10011262884

Financial Frictions, Product Quality, and International Trade

Crinò, Rosario; Ogliari, Laura - C.E.P.R. Discussion Papers - 2015

An influential literature has documented large differences across countries and industries in terms of product quality. It is important to understand the determinants of these differences, because the production of high-quality goods influences key aspects of economic performance. In this paper,...

Persistent link: https://www.econbiz.de/10011266532

Price Distortions and Economic Growth in Sub-Saharan Africa

Anderson, Kym; Brückner, Markus - C.E.P.R. Discussion Papers - 2011

To what extent has Sub-Saharan Africa’s slow economic growth over the past five decades been due to price and trade policies that have discouraged production of agricultural relative to non-agricultural tradables? This paper uses a new set of estimates of policy distortions to relative prices...

Persistent link: https://www.econbiz.de/10009246604

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