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Persistent link: https://www.econbiz.de/10011671629
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
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/10012934600
The covid-19 pandemic is increasingly a concern for developing countries. Using a new database on COVID-19 trade flows and policies, this note looks at the role of trade and trade policy to address the looming health crisis in developing countries with highest numbers of recorded cases. It shows...
Persistent link: https://www.econbiz.de/10012646974
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This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses …
Persistent link: https://www.econbiz.de/10013027665
Since the Global Financial Crisis, world trade growth has been subdued and lagging slightly behind growth of gross … trade-income relationship, and then investigates its consequences for economic growth. On the demand side, sluggish world … the supply side, slower trade may diminish the scope for productivity growth through increasing specialization and …
Persistent link: https://www.econbiz.de/10012246196
This paper focuses on the sluggish growth of world trade relative to income growth in recent years. The analysis uses …
Persistent link: https://www.econbiz.de/10012246538