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This paper aims to assess the impact of determinants on service exports in both value added terms and in gross terms for seven Central Eastern European economies in years 1995-2011. The results confirm the importance of increasing labour productivity and highly-skilled and medium-skilled workers...
Persistent link: https://www.econbiz.de/10014033744
This paper aims to identify factors that determine functional specialisation (FS) in global value chains (GVCs) in European Union countries. We focus on fabrication and R&D as two opposite business functions in terms of their character and their potential of creating value-added. To make our...
Persistent link: https://www.econbiz.de/10014279987
Persistent link: https://www.econbiz.de/10014295379
Geographically dispersed production networks have allowed countries to specialise in different functions of the value chain. By making use of two methodologies for quantifying the magnitude of functional specialisation - one based on trade flows and one based on FDI flows - detailed profiles of...
Persistent link: https://www.econbiz.de/10013359012
Functional specialisation in global value chains is a complex phenomenon. This paper examines the determinants of functional specialisation patterns in EU countries, focusing on the business functions fabrication and research and development. The core result of the study is that lower wages...
Persistent link: https://www.econbiz.de/10014292529
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