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The world economy is increasingly shaped by cross-border production and investment activity. The paper uses complex …
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In this paper we provide a method to characterise global value chains and a related decomposition of bilateral gross exports by distinguishing three different stages of the value-added flows: (i) the source of value added, (ii) the final assembly stage of a product, and (iii) the final...
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-2014 significantly, while the overall impact on the real value added growth of industries in the world was positive and significant. The …
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This paper uses a dynamic CGE model to assess the intertemporal and spatial dimension of technology spillovers embodied in international trade within a climate and trade policy framework. Three are the main contributions of the study. First, to include endogenous factor-biased technical change...
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