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Many contemporary development solutions and policy prescriptions place emphasis on the potential for closer integration of poor people or areas with global markets. But the prospects for the reduct-ion of chronic poverty depend in great measure on the nature of the broader economic processes...
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The paper addresses the position occupied by China in the new international division of labour now developing as value chains become increasingly frag-mented and work is relocated in the context of globalisation. China is currently experiencing an extremely dynamic industrialisation process, and...
Persistent link: https://www.econbiz.de/10010306378
This report summarizes 39 detailed ETLA case studies of global value chains (GVCs). The findings suggest that the value added in global value chains is less tied to their tangible aspects than what conventional wisdom suggests. Intangible aspects of GVCs tend to be more important, but their poor...
Persistent link: https://www.econbiz.de/10012037636
Using a rich dataset on over 110,000 workers from nine European countries and the USA we study the wage response to industry dependence on foreign value added. We estimate a Mincerian wage model augmented with an input-output interindustry linkages measure accounting for task heterogeneity...
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