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This paper uses a sample of over 9.5 million workers from 22 European countries to study the intertwined effects of digital technology and cross-border production links on workers' wellbeing. We compare the social effects of technological change exhibited by three types of innovation:...
Persistent link: https://www.econbiz.de/10012696558
By using very rich individual-level data on workers from 28 European countries, we provide the first so extensive cross-country assessment of wage response to global production links within global value chains (GVCs) in the period 2005-2014. Unlike the other studies, we (i) address the...
Persistent link: https://www.econbiz.de/10011920899
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This study examines the potential effects of China's "One-Belt One-Road" initiative (OBOR) on trade flows and global value chain connections. The empirical analysis is based on the augmented gravity model of international trade, which comprises 186 reporters and 199 partners in the period...
Persistent link: https://www.econbiz.de/10012392191
final demand, greater production fragmentation, measured either by global import intensity or by vertical specialisation, is …
Persistent link: https://www.econbiz.de/10011948514
This article examines the overall effect of global value chains (GVCs) on labour market outcomes, namely wages and labour demand. The analysis exploits the World Input-Output Database (WIOD, 2016 release) covering 43 countries and 54 sectors from 2000 to 2014. GVC involvement is measured by the...
Persistent link: https://www.econbiz.de/10012138113
The UK's decision to leave the EU is surrounded by several studies simulating its potential effects. Alternatively, we examine expectations embodied in stock returns using a two-part estimation process. While most firms' prices fell, there was considerable heterogeneity in their relative...
Persistent link: https://www.econbiz.de/10011650455
impact of production fragmentation on social upgrading, wages prove to be negatively related to sectoral GVC involvement …
Persistent link: https://www.econbiz.de/10012007569