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Global value chains have fundamentally transformed international trade and development in recent decades. We use matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to examine how Chinese firms position themselves in global production lines and...
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In the four regions (North America, Europe, Japan, and Asia Pacific) we examine, there are value premiums in average stock returns that, except for Japan, decrease with size. Except for Japan, there is return momentum everywhere, and spreads in average momentum returns also decrease from smaller...
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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/10012584600
countries around the world. We find evidence of a strong positive association between VC investments and lagged M&A activity …
Persistent link: https://www.econbiz.de/10011847725