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The spread of global value chains (GVCs) has given rise to new statistical tools, the Inter-Country Input-Output tables and new analytical frameworks aimed at properly identifying production linkages between and within economies. However, several important questions remain unaddressed. This...
Persistent link: https://www.econbiz.de/10012008339
This paper studies the trade effects of Covid-19 using monthly disaggregated trade data for 28 countries and multiple trading partners from the beginning of the pandemic to June 2020. Regression results based on a sector-level gravity model show that the negative trade effects induced by...
Persistent link: https://www.econbiz.de/10012434704
The paper offers an overview of some key conceptual aspects associated with the rise of global value chains (GVCs). It outlines a series of alternative interpretations and definitions of what the rise of GVCs entails, and it traces the implications of these alternative conceptualizations for the...
Persistent link: https://www.econbiz.de/10012228282
, but the impact varies by income group. Provisions outside the current mandate of the World Trade Organization (investment … under the current World Trade Organization mandate (tariff reduction and customs facilitation) drive the effect of trade …
Persistent link: https://www.econbiz.de/10011902822
Persistent link: https://www.econbiz.de/10012230839
Rules of Origin as an implicit trade barrier for imports from the rest of the world. Global Value Chains are most relevant …
Persistent link: https://www.econbiz.de/10012168114
network effect is strong for countries in all income groups and provides an additional channel through which GDP fluctuations …
Persistent link: https://www.econbiz.de/10012168119
-2018 may have caused a 1 percentage point decline in world trade growth. The paper also finds that the impact of policy …
Persistent link: https://www.econbiz.de/10012167789
Africa's linkages in manufacturing global value chains are reasonably high compared with other developing regions. Still, linkage rates have declined steeply in recent years in non-resource rich countries in the region although they have increased sharply in countries that are rich in natural...
Persistent link: https://www.econbiz.de/10012390470
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