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Footloose global value chains : how trade costs make a difference
Jakubik, Adam; Stolzenburg, Victor - 2019 - Manuscript date: November 2019
The geography of global value chains (GVCs) depends crucially on trade costs between countries hosting various stages of production. Some stages might be more sensitive to trade costs than others. In this paper, we exploit a value-added decomposition of bilateral trade flows to distinguish low...
Persistent link: https://www.econbiz.de/10012126085
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Does Globalization Cause a Higher Concentration of International Trade and Investment Flows?
World Trade Organization - 1998
It has sometimes been argued that "globalization" benefits only a small number of countries, and that this leads to … greater marginalization of excluded countries. This paper argues that globalization is not necessarily biased towards greater …, marginalization is not intrinsic to globalization. Key Words: Globalization, international trade and investment flows concentration. …
Persistent link: https://www.econbiz.de/10012884304
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Trade Costs in the Global Economy : Measurement, Aggregation and Decomposition
World Trade Organization - 2021
Proper measurement and aggregation of trade costs is of paramount importance for sound academic and policy analysis of the determinants - particularly those of policy - of economic outcomes. The international trade profession has witnessed signifcant new developments, both on the theoretical and...
Persistent link: https://www.econbiz.de/10012884398
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COVID-19 and Global Value Chains : A Discussion of Arguments on Value Chain Organization and the Role of the WTO
World Trade Organization - 2021
Since the outbreak of the COVID-19 pandemic there has been a discussion among researchers and policy makers about changes to global value chains, both about expected changes and changes that should be promoted by government policies. In this paper we conduct an in-depth analysis of the reasons...
Persistent link: https://www.econbiz.de/10012884410
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The Impact of Geopolitical Conflicts on Trade, Growth, and Innovation
2022
Geopolitical conflicts have increasingly been a driver of trade policy. We study the potential effects of global and persistent geopolitical conflicts on trade, technological innovation, and economic growth. In conventional trade models the welfare costs of such conflicts are modest. We build a...
Persistent link: https://www.econbiz.de/10013544758
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The future of global value chains and the role of the WTO
2022
Disruptions to global value chains (GVCs) — caused by conflicts, natural disasters, and accidents that close transport routes — and that affect specific regions or sectors, are not unusual. However, in recent years and amid the Covid-19 pandemic, they have become more frequent and severe....
Persistent link: https://www.econbiz.de/10013544759
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How will global trade patterns evolve in the long run?
2023
In this paper the evolution of global trade patterns until 2050 is projected with a recursive dynamic computable general equilibrium (CGE) model. Feeding the model with exogenous projections on macroeconomic, demographic, sectoral and trade cost variables, the evolution of trade patterns emerges...
Persistent link: https://www.econbiz.de/10014276670
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Global production with export platforms
Tintelnot, Felix - 2014
firms leads to welfare gains in foreign countries an order of magnitude larger than in a world in which multinational …
Persistent link: https://www.econbiz.de/10010419811
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E-commerce and developing country-SME participation in global value chains
Lanz, Rainer; Lundquist, Kathryn; Mansio, Grégoire; … - 2018 - Manuscript date: November 2018
stages along the production chain. Using firm-level data from the World Bank's Enterprise Survey, we test whether digital …
Persistent link: https://www.econbiz.de/10011937804
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Services and global value chains : some evidence on servicification of manufacturing and services networks
Lanz, Rainer; Maurer, Andreas - 2015 - Manuscript date: February 2015
). Services account for more than 70% of world GDP but only for around 20% of world trade in balance of payments terms. In value … added terms, accounting for services embodied in exported goods, services account for 40% of world trade. Services …
Persistent link: https://www.econbiz.de/10012882819