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Using highly disaggregated HS 8-digit product-category level data collected by the Chinese Customs Office for 2000 and 2008, we perform an in-depth anatomy of China's imports of manufactured goods. We estimate both the extensive margins – number of products imported per product group or trade...
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The relationship between market integration and the degree of specialization plays a key role in many areas of economics. In contrast to previous studies, we illustrate that globalization does not necessarily lead to specialization. The analysis is conducted in an extended Dixit-Stiglitz- Ethier...
Persistent link: https://www.econbiz.de/10010300141
fragmentation. Whereas the growth in North-South trade has been labeled "horizontal globalisation", fragmentation stands for the … "vertical globalisation". First fragmentation is introduced into a Ricardian model with one factor of production in a small … functions where we introduce one or two components. As a result, it seems to be clear that fragmentation is changing …
Persistent link: https://www.econbiz.de/10010300397
This paper presents a model to analyze the consequences of competition in order-flow between a profit maximizing stock exchange and an alternative trading platform on the decisions concerning trading fees and listing requirements. Listing requirements, set by the exchange, provide public...
Persistent link: https://www.econbiz.de/10010303703
.e. production fragmentation. The increased importance of fragmentation in world trade has created an interest among trade economists … international fragmentation of production process between Austria and its 29 trading partners, is examined and various country …-specific factors suggested by fragmentation literature are tested using newly developed panel econometrics techniques and more recent …
Persistent link: https://www.econbiz.de/10011345438
investigating official tasks in urban management elements and their spatial domain reveals lack of coordination and Fragmentation in … management structure and spatial planning in the region. The paper attempts to discuss these Fragmentation in the fields of …
Persistent link: https://www.econbiz.de/10011986276
This paper investigates the effects that the increase in the importation of machinery parts and components and the changes in the supplier composition had in the trade of final products and parts and components inside Latin America. In our analysis, we consider these effects according to two...
Persistent link: https://www.econbiz.de/10011994327
of all investors. Fragmentation of the marketplace can be seen as a direct outcome of this heterogeneity. In this article … fragmentation, the resulting implications for liquidity and price efficiency, and the role for public policy. Beyond the concerns …
Persistent link: https://www.econbiz.de/10012064260