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Trade Integration, Global Value Chains, and Capital Accumulation
Sposi, Michael - 2020
Motivated by increasing trade and fragmentation of production across countries since World War II, we build a dynamic two-country model featuring sequential, multi-stage production and capital accumulation. As trade costs decline over time, global-value-chain (GVC) trade expands across...
Persistent link: https://www.econbiz.de/10012482306
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ICT, R&D and Organizational Innovation : Exploring Complementarities in Investment and Production
Mohnen, Pierre - 2018
, and the effects of different investment profiles on total factor productivity growth on Dutch firm-level data. We estimate … an integrated model of investment profile adoption and total factor productivity growth. We find that the three … investment decisions are complementary, in the sense that investing in one increases the probability of investing in another one …
Persistent link: https://www.econbiz.de/10012480697
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Information Technology and the Japanese Economy
Jorgenson, Dale W. - 2005
product devoted to investment in computers, telecommunications equipment, and software rose sharply after 1995. The …
Persistent link: https://www.econbiz.de/10012466870
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Productivity, Computerization, and Skill Change
Wolff, Edward N. - 2002
United States, I find no econometric evidence that computer investment is positively linked to TFP growth (over and above its …
Persistent link: https://www.econbiz.de/10012469972
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Upstream Product Market Regulations, ICT, R&D and Productivity
Cette, Gilbert - 2013
Our study aims at assessing the actual importance of the two main channels usually contemplated in the literature through which upstream sector anticompetitive regulations may impact productivity growth: business investments in R&D and in ICT. We thus estimate what are the specific impacts of...
Persistent link: https://www.econbiz.de/10012459134
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Disentangling Global Value Chains
de Gortari, Alonso - 2019
The patterns of production underlying the recent rise of global value chains (GVCs) have become increasingly complex. NAFTA supply chains, for example, are now deeply integrated: Using Mexican customs data, I find that exports to the U.S. use a much higher share of American inputs than exports...
Persistent link: https://www.econbiz.de/10012479817
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Conceptual Aspects of Global Value Chains
Antràs, Pol - 2019
I offer an overview of some key conceptual aspects associated with the rise of global value chains (GVCs). I outline a series of alternative interpretations and definitions of what the rise of GVCs entails, and I trace the implications of these alternative conceptualizations for the measurement...
Persistent link: https://www.econbiz.de/10012480483
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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/10012480816
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Factor Incomes in Global Value Chains : The Role of Intangibles
Chen, Wen - 2018
Recent studies document a decline in the share of labour and a simultaneous increase in the share of residual ('factorless') income in national GDP. We argue the need for study of factor incomes in cross-border production to complement country studies. We define a GVC production function that...
Persistent link: https://www.econbiz.de/10012480893
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Accounting for Firm Heterogeneity within U.S. Industries : Extended Supply-Use Tables and Trade in Value Added using Enterprise and Establishment Level Data
Fetzer, James J. - 2018
This paper presents experimental tables created by the U.S. Bureau of Economic Analysis comparing industry-specific shares of the components of total output of globally engaged firms located in the United States that are part of a multinational enterprise with those of firms that are part of an...
Persistent link: https://www.econbiz.de/10012480900