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We show that traditional gravity variables play a significant role in explaining trade flows related to global value chain participation. We find evidence that cooperation costs - measured by linguistic and geographical proximity - are more relevant for trade that reflects cross-border...
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empirical results, reveal that emissions related to FDI account for 15.2 percent of the world’s total emissions and 58.1 percent … of the world’s GVCs emissions, 39.2 percent of which are emissions related to FDI for foreign demands in 2015. From 2000 …
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