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This paper studies the great collapse in value added trade using a structural decomposition analysis. We show that changes in vertical specialisation accounted for almost half of the great trade collapse, while the previous literature on gross trade has mainly focused on final expenditure,...
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decomposition framework to the development of intra-EU27 trade balances from 1995 to 2011 and show that a growing share of intra-EU …% of the total variance of intra-EU gross bilateral trade balances in 2011, which marks a considerable rise from 3% in 1995 …
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decomposition framework to the development of intra-EU27 trade balances from 1995-2011 and show that a growing share of intra-EU …
Persistent link: https://www.econbiz.de/10013051676
decomposition framework to the development of intra-EU27 trade balances from 1995 to 2011 and show that a growing share of intra-EU …% of the total variance of intra-EU gross bilateral trade balances in 2011, which marks a considerable rise from 3% in 1995 …
Persistent link: https://www.econbiz.de/10012988734
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