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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
-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
Persistent link: https://www.econbiz.de/10012245269
Deepening real and financial integration of developing countries into the world economy has prompted renewed interest …
Persistent link: https://www.econbiz.de/10012245846
This paper investigates the impact of global value chain participation on productivity, using data on trade in value … added from the World Input-Output Database. The results based on a panel estimation covering 13 sectors in 40 countries over … 15 years suggest that participation in global value chains is a significant driver of labor productivity. Backward …
Persistent link: https://www.econbiz.de/10012246363
drivers follow their historical or recent trends, and under different scenarios of reform, using the World Bank Long … capital and slowing growth rates of total factor productivity and human capital. Strong reforms are required for Malaysia to …, and total factor productivity. In the strong reform scenario, based on growth drivers achieving a target corresponding to …
Persistent link: https://www.econbiz.de/10012241371
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
This paper introduces a new, publicly available database for tracking merchandise trade in the global value chains for apparel/textile/footwear, motor vehicles and parts, and electronics, developed originally for in-depth analysis at the country level. The data enable tracking of intermediate...
Persistent link: https://www.econbiz.de/10011794749
, 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
This paper analyzes how the exchange rate elasticity of exports has changed over time and across countries and sectors, and how the formation of global value chains has affected this relationship. The analysis uses a panel framework covering 46 countries over the period 1996-2012, and first...
Persistent link: https://www.econbiz.de/10012245907