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International Comovement in the Global Production Network
Huo, Zhen - 2019
This paper provides a general and unified framework to study the role of production networks in international GDP comovement. We first derive an additive decomposition of bilateral GDP comovement into components capturing shock transmission and shock correlation. We quantify this decomposition...
Persistent link: https://www.econbiz.de/10012867903
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Implementing Results-Oriented Trade Policies : The Case of the Us-Japanese Auto Parts Dispute
Krishna, Kala; Morgan, John - 2022
Why would the US threaten punitive tariffs on luxury autos to implement a market share target in auto parts? We show that by making threats to a linked market, a market share may be implemented with fairly weak informa- tional and administrative requirements. Moreover, such policies can be both...
Persistent link: https://www.econbiz.de/10013309220
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Vertical Networks and Us Auto Parts Exports : Is Japan Different?
Head, Keith; Ries, John C.; Spencer, Barbara J. - 2022
This paper develops a model in which upstream network insiders' conduct relationship specific investment that induces the downstream firm to transact within networks. The scale of destination-country production and part-specific measures of the importance of network relationships and engineering...
Persistent link: https://www.econbiz.de/10013308457
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Tracing Value-Added and Double Counting in Gross Exports
Koopman, Robert - 2012
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
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Trade and Industrialisation after Globalisation's 2nd Unbundling : How Building and Joining a Supply Chain are Different and Why it Matters
Baldwin, Richard - 2013
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
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Specialization : Pro- and Anti-Globalizing, 1990-2002
Anderson, James E. - 2014
Specialization alters the incidence of manufacturing trade costs to buyers and sellers, with pro-and anti-globalizing effects on 76 countries from 1990-2002. The structural gravity model yields measures of Constructed Home Bias (the ratio of predicted local trade to predicted frictionless local...
Persistent link: https://www.econbiz.de/10013069388
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New Technologies, Global Value Chains, and Developing Economies
Rodrik, Dani - 2018
Many of the exports of developing countries are channeled through global value chains (GVCs), which also act as conduits for new technologies. However, new capabilities and productive employment remain limited so far to a tiny sliver of globally integrated firms. GVCs and new technologies...
Persistent link: https://www.econbiz.de/10012909494
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The Role of Globalization in the Within-Industry Shift Away from Unskilled Workers in France
Strauss-Kahn, Vanessa - 2021
Growth in international trade and globalization has been correlated in nearly all countries with a worsening of the … globalization in France has been a huge growth in vertical specialization -- the completion of the different production stages of a … good in different countries. By shifting relative labor demand across countries, globalization of this form could explain …
Persistent link: https://www.econbiz.de/10013218888
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Intra-National Versus International Trade : How Stubborn are Nations in Global Integration?
Wei, Shang-Jin - 2021
This paper examines the home country bias in the goods market among OECD countries. An average country imports about two and a half times as much from itself as from an otherwise identical foreign country, after controlling for sizes of exporter and importer, their direct distance, geographic...
Persistent link: https://www.econbiz.de/10013247409
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Innovation and Production in the Global Economy
Arkolakis, Costas - 2015
The decline in the costs of multinational production (MP) has led some countries to specialize in innovation and others to specialize in production. To study the aggregate and distributional implications of this phenomenon, we develop a quantifiable general equilibrium model of trade and MP....
Persistent link: https://www.econbiz.de/10013035693