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in the U.S. economy accords a relatively small role to education. This result seems at variance with the revolution in …
Persistent link: https://www.econbiz.de/10012940803
our measure into technical efficiency and reallocation components. This requires us to confront the "non …
Persistent link: https://www.econbiz.de/10013222069
Persistent link: https://www.econbiz.de/10003932763
Persistent link: https://www.econbiz.de/10009688743
This paper proposes a framework for gross exports accounting that breaks up a country's gross exports into various value-added components by source and additional double counted terms. By identifying which parts of the official trade data are double counted and the sources of the double...
Persistent link: https://www.econbiz.de/10013097267
be taken to the data with international trade statistics. Combining data from the U.S. Census Bureau's Related Party … Trade database and estimates of U.S. import demand elasticities from Broda and Weinstein (2006), we find empirical evidence … industry in the value chain, which we construct using U.S. Input-Output Tables …
Persistent link: https://www.econbiz.de/10013104981
A salient feature of globalization in recent decades is the emergence of "global supply chains" in which different countries specialize in different stages of a sequential production process. In Arnaud Costinot, Jonathan Vogel and Su Wang (2011), CVW hereafter, we have developed a simple theory...
Persistent link: https://www.econbiz.de/10013107972
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 sources...
Persistent link: https://www.econbiz.de/10013083394
Revolutionary transformations of industry and trade occurred from 1985 to the late-1990s - the regionalisation of supply chains. Before 1985, successful industrialisation meant building a domestic supply chain. Today, industrialisers join supply chains and grow rapidly because offshored...
Persistent link: https://www.econbiz.de/10013091898
How do global supply chain linkages modify countries' incentives to impose import protection? Are these linkages empirically important determinants of trade policy? To address these questions, we introduce supply chain linkages into a workhorse terms-of-trade model of trade policy with political...
Persistent link: https://www.econbiz.de/10013001214