Showing 1 - 10 of 5,438
and high-frequency data related to Covid-19 pandemic production shocks. We use this data to quantify the extent of …
Persistent link: https://www.econbiz.de/10013177119
Geo-political tensions and disruptions to global value chains have led policy makers to re-evaluate their approach to globalisation. Many countries are considering friend-shoring - trading primarily with countries sharing similar values - as a way of minimising exposure to weaponisation of trade...
Persistent link: https://www.econbiz.de/10014450552
We study the role of firm heterogeneity and imperfect competition for global production networks and the gains from …, especially under package reforms. Global production networks thus mediate bigger effects and cross-border spillovers from …
Persistent link: https://www.econbiz.de/10015051741
This paper studies how firms' offshoring decisions shape a country's domestic production networks. We develop a model … net effect of offshoring on a firm’s domestic production networks depends on the relative strength of the three effects … domestic production networks. …
Persistent link: https://www.econbiz.de/10011721740
This paper studies how the global minimum tax shapes national tax policies and welfare in a formal model of international tax competition with heterogeneous countries. The net welfare effect is generally ambiguous from the perspective of non-havens. On the one hand, the global minimum tax raises...
Persistent link: https://www.econbiz.de/10012801560
How did the rise of multinational enterprises (MNEs) put pressure on the prevailing international corporate tax framework? MNEs, and firms with market power, are not new phenomena, nor is the corporate income tax, which dates to the early 20th century. This prompts the question, what is...
Persistent link: https://www.econbiz.de/10012288036
Recent contributions on offshoring often assume that firms can freely split their production process into separate … technologically determined sequence of production steps. In our model, cost savings from offshoring fluctuate along the production … may lead to a large increase in offshoring activities. -- Offshoring ; international trade ; vertical production chain …
Persistent link: https://www.econbiz.de/10003808676
Persistent link: https://www.econbiz.de/10003496505
We present a multi-country theory of economic growth in which countries are connected by a network of mutual knowledge … 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 …
Persistent link: https://www.econbiz.de/10011397182
theory-based measures for production networks from a multi-sector gravity model with inter-sectoral linkages to analyze the … pattern of production. Gross bilateral trade ows no longer reveal a country's or a sector's value added contribution. Yet, it …, calibrate it to the year 2000 using the World Input-Output Database, and perform a counterfactual analysis of China’s WTO …
Persistent link: https://www.econbiz.de/10011517926