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The Bazaar Effect, Unbundling of Comparative Advantage, and Migration
Kohler, Wilhelm - 2007
Germany exhibits a strong reduction in domestic manufacturing production depth (bazaar effect). I argue that this reflects an unbundling of comparative advantage. Using a model where Ricardian plus Heckscher-Ohlin-type comparative advantage relates to fragments of production, I compare a trading...
Persistent link: https://www.econbiz.de/10012777491
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An Elementary Theory of Global Supply Chains
Costinot, Arnaud; Vogel, Jonathan; Wang, Su - 2021
This paper develops an elementary theory of global supply chains. We consider a world economy with an arbitrary number …
Persistent link: https://www.econbiz.de/10013316027
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A Closer Look at Revealed Comparative Advantage : Gross-versus Value Added Trade Flows
Brakman, Steven - 2015
With the availability of international value added trade data it has become evident that gross export data and value added data do not provide the same information. Although gross exports crosses national borders and is the target of trade policy, value added data tell us what fragment in the...
Persistent link: https://www.econbiz.de/10013023177
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Patent Exhaustion Regime and International Production Sharing : Winners and Losers?
Ivus, Olena - 2017
On May 30, 2017, the Supreme Court held that the initial authorized sale of a patented item within or outside the U.S. “exhausts” all rights of the patentee to that item under the Patent Act. This decision goes against the Government's position that a foreign sale authorized by the U.S....
Persistent link: https://www.econbiz.de/10012947350
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Offshoring along the Production Chain
Harms, Philipp - 2009
Recent contributions on off shoring often assume that firms can freely split their production process into separate steps which can be ranked according to the cost savings from producing abroad. We replace this assumption by the notion of a technologically determined sequence of production...
Persistent link: https://www.econbiz.de/10012764740
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The Great Divergence : A Network Approach
Lindner, Ines - 2016
knowledge throughout the world explains a period of increasing world inequality after the take-off of the forerunners of the … industrial revolution, followed by decreasing relative inequality. Knowledge diffusion through a Small World network explains the … individual countries in the course of world development …
Persistent link: https://www.econbiz.de/10013001168
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Where is the Value Added? Trade Liberalization and Production Networks
Aichele, Rahel - 2019
-12% of the decrease in the world DVA ratio as observed between 2000-2007. For China, the counterfactual experiment robustly …
Persistent link: https://www.econbiz.de/10012902861
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Global Sourcing of Complex Production Processes
Schwarz, Christian - 2011
We develop a theory of a firm in an incomplete contracts environment which decides on its complexity, organization, and global scale. Specifically, the firm decides i) how thinly it wants to slice its production process by choosing the mass of symmetric intermediate inputs that are...
Persistent link: https://www.econbiz.de/10013120903
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Manufacturers and Retailers in the Global Economy
Raff, Horst - 2011
We develop a general-equilibrium model to capture key features of the retailing and of the manufacturing industry in order to understand how these two industries interact and how labor is allocated between them. We show that the observed shift in employment from manufacturing to retailing, the...
Persistent link: https://www.econbiz.de/10013122636
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Financial Integration, Globalization, and Real Activity
De Nicolo, Gianni - 2013
distinct impact of financial integration and globalization on several dimensions of real activity. We find that: financial … financial integration predict better growth prospects; both advances in financial integration and globalization are associated … financial integration and globalization indeed foster countries' growth, and there appears to be no trade-off between these …
Persistent link: https://www.econbiz.de/10013091562