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Automation, global value chains and functional specialization
Fontagné, Lionel; Reshef, Ariell; Santoni, Gianluca; … - 2023
We study how technology adoption and changes in global value chain (GVC) integration jointly affect labor shares and business function specialization in a sample of 14 manufacturing industries in 14 European countries in 1999-2011. Our main contribution is to highlight the indirect effect of...
Persistent link: https://www.econbiz.de/10013549118
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Global value chains in a world of uncertainty and automation
Faber, Marius; Kilic, Kemal; Kozliakov, Gleb; Marin, Dalia - 2024
more recently, globalization has stalled. This paper shows that higher uncertainty, in combination with better automation …
Persistent link: https://www.econbiz.de/10015081333
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Decoupling global value chains
Eppinger, Peter S.; Felbermayr, Gabriel; Krebs, Oliver; … - 2021
Recent disruptions to global value chains (GVCs) have raised an important question: Can decoupling from GVCs increase a country’s welfare by reducing its exposure to foreign supply shocks? We use a quantitative trade model to simulate GVCs decoupling, defined as increased barriers to global...
Persistent link: https://www.econbiz.de/10012514530
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Are your labor shares set in Beijing? : the view through the lens of global value chains
Reshef, Ariell; Santoni, Gianluca - 2022
We study the evolution of labor shares in 1995-2014, while taking into account international trade based on value added concepts. Declines in labor shares accelerate in 2001-2007, concurrently with global value chain (GVC) integration, after which there is no trend for both. We develop a...
Persistent link: https://www.econbiz.de/10013285571
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Backward versus forward integration of firms in global value chains
Egger, Peter; Erhardt, Katharina; Masllorens, Gerard - 2021
Production processes are increasingly organized in international value-chain networks. The involved firms can be operating at arm’s length or be vertically integrated. Both the incidence and the direction of integration (backward or forward in the value chain) depend on specific...
Persistent link: https://www.econbiz.de/10012533967
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The globalisation of inflation : the growing importance of global value chains
Auer, Raphael A.; Borio, Claudio E. V.; Filardo, Andrew J. - 2017 - This version: 06.01.2017
presents evidence that the expansion of global value chains (GVCs), ie cross-border trade in intermediate goods and services …
Persistent link: https://www.econbiz.de/10011619539
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International inflation spillovers through input linkages
Auer, Raphael A.; Levchenko, Andrei A.; Sauré, Philip - 2017
We document that observed international input-output linkages contribute substantially to synchronizing producer price inflation (PPI) across countries. Using a multi-country, industry-level dataset that combines information on PPI and exchange rates with international and domestic input-output...
Persistent link: https://www.econbiz.de/10011619669
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Determinants of global value chain participation : cross-country evidence
Fernandes, Ana Margarida; Kee, Hiau Looi; Winkler, Deborah - 2020
The past decades witnessed big changes in international trade with the rise of global value chains. Some countries, such as China, Poland, and Vietnam rode the tide, while other countries, many in the Africa region, faltered. This paper studies the determinants of participation in global value...
Persistent link: https://www.econbiz.de/10012213059
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Firm heterogeneity and imperfect competition in global production networks
Huang, Hanwei; Manova, Kalina; Perelló, Oscar; Pisch, Frank - 2024
-ups. Counterfactual analysis indicates that entry upstream benefits high-productivity buyers, while lower matching or trade costs benefit … all buyers, with the biggest boost to mid-productivity buyers. All three shocks generate sizeable welfare gains …
Persistent link: https://www.econbiz.de/10015051741
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Asymmetries in global value chain integration, technology and employment structures in Europe : country and sectoral evidence
Bontadini, Filippo; Evangelista, Rinaldo; Meliciani, … - 2021
the participation of EU countries and industries in Global Value Chains (GVCs) and their employment structure over the … period 2000-2014. The empirical analysis is based on country/industry level data for 21 EU countries on employment, trade in … partners. We study the employment structure by looking at the shares of managers and manual workers, which reflect the …
Persistent link: https://www.econbiz.de/10012692280