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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

Globally engaged firms in the Covid-19 crisis

Constantinescu, Cristina; Fernandes, Ana Margarida; … - 2022

This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are organized in a series of stylized facts, which...

Persistent link: https://www.econbiz.de/10013183698

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

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

Global value chains in a world of uncertainty and automation

Faber, Marius; Kilic, Kemal; Kozliakov, Gleb; Marin, Dalia - 2024

The world economy has become more and more globalized as firms have organized production along global value chains. But … more recently, globalization has stalled. This paper shows that higher uncertainty, in combination with better automation … developing world. Moreover, we show that results are robust to the main threats to identification related to shift …

Persistent link: https://www.econbiz.de/10015081333

Shocked by COVID : exporting along global value chains

Breinlich, Holger; Du, Jun; Shepotylo, Oleksandr - 2025

This paper examines the impact of protectionist policies on exports within global value chains (GVCs), using the COVID-19 pandemic as a natural experiment. Leveraging UK customs data (2017–2020) and a shift-share identification strategy, we estimate an elasticity of exports with respect to...

Persistent link: https://www.econbiz.de/10015404476

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

Greater international economic interconnectedness over recent decades has been changing inflation dynamics. This paper presents evidence that the expansion of global value chains (GVCs), ie cross-border trade in intermediate goods and services, is an important channel through which global...

Persistent link: https://www.econbiz.de/10011619539

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

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

Corporate Social Responsibility along the global value chain

Herkenhoff, Philipp; Krautheim, Sebastian; Semrau, Finn Ole - 2021

-level data. We compute a firm’s value chain position combining product-level information in our data with the World Input …

Persistent link: https://www.econbiz.de/10012796989