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This paper evaluates the extent to which the world economy has entered a phase of de-globalisation, and it offers some … indicating that the world economy has already entered an era of de-globalisation. Instead, the observed slowdown in globalisation …
Persistent link: https://www.econbiz.de/10012482334
specialization of countries within GVCs in a world with barriers to international trade. With costly trade, the optimal location of …
Persistent link: https://www.econbiz.de/10012455225
This paper makes two methodological contributions. First, it proposes a framework to decompose total production activities at the country, sector, or country-sector level, to different types, depending on whether they are for pure domestic demand, traditional international trade, simple GVC...
Persistent link: https://www.econbiz.de/10012455459
recently available World Input-Output Database (WIOD) to study the properties of the new measures of the REER for 40 countries …
Persistent link: https://www.econbiz.de/10012458430
countries join the world economy so that globalization increases at the margin, labor standards worsen (improve) at the margin …We ask how globalization affects a government's incentives to set labor standards for its workers. In a stylized … with globalization than it would under autarky, because labor standards are a normal good and the general increase in …
Persistent link: https://www.econbiz.de/10014322750
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
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
approach" to measuring the relevance of global production sharing in the world economy, and we also offer a critical evaluation … of the country- and industry-level datasets (or World Input Output Tables) that have been used to date. We next discuss …-level quantitative frameworks that are easily calibrated with World Input Output Tables, and that open the door for counterfactual …
Persistent link: https://www.econbiz.de/10012496102
comparative advantage sectors and occupations. We calibrate our model to the U.S., China, and the rest of the world in 2000 and we …
Persistent link: https://www.econbiz.de/10012452837
Recent decades have seen the emergence of global value chains (GVCs), in which production stages for individual goods are broken apart and scattered across countries. Stimulated by these developments, there has been rapid progress in data and methods for measuring GVC linkages. The...
Persistent link: https://www.econbiz.de/10012453686