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Liberalisation and technological developments have led to the fragmentation of production and the emergence of the concept of global value chains. This has ushered in the role of services for linking the production network, resulting in a greater composition of services in the value of tradable....
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Cross-border production sharing has intensified in recent decades, leading to the formation and spread of global value chains (GVC). Using a dataset containing more than 150 countries over 1990-2018, our paper tries to identify what drives backward GVC participation and forward GVC participation...
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The reorganization of the production process in the past two to three decades has led to the emergence of Global Value Chains (GVCs) where the production chain is spread across different geographies. This has in turn led to increased foreign value-added content in each country’s exports as...
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