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This paper employs a modern global value chain (GVC) decomposition framework to quantify economic interdependence among Asian economies and between Asia and the rest of the world. It pays special attention to the value-added relationships among three sets of economies: those belonging to both...
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(PTAs) can increase States’ bilateral export of final goods and, by implication, contribute to local development, much less … gravity model and uses a comprehensive dyadic data set on trade in GVCs, PTAs, export and other characteristics for 188 …
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