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6 1/2 Decades of Global Trade and Income : 'New Normal' or 'Back to Normal' after GTC and GFC?
Rumbaugh, Thomas - 2016
Global merchandise trade expanded rapidly over the last 6 1/2 decades and its relationship with global income has seen ebbs and flows. This paper examines the shifts in this relationship using time series data over 1950-2014 and situates it in the current and longer term context. The...
Persistent link: https://www.econbiz.de/10012977826
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The long- and short-run relationship between the shadow economy and trade openness in Uganda
Esaku, Stephen - In: Cogent economics & finance 9 (2021) 1, pp. 1-19
integrated into the world economy, firms and individual entrepreneurs are induced to engage in the formal sector so as to reap …
Persistent link: https://www.econbiz.de/10013183973
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Globally engaged firms in the Covid-19 crisis
Constantinescu, Cristina; Fernandes, Ana Margarida; … - 2022
This paper analyzes the initial impact and recovery of globally engaged firms from the COVID-19 crisis. It uses rich survey data of nearly 65,000 firm-year observations in 45 countries spanning three waves of data collection. The findings are organized in a series of stylized facts, which...
Persistent link: https://www.econbiz.de/10013183698
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Globalization in the Time of COVID-19
Sforza, Alessandro - 2020
shock has a considerable impact on most economies in the world, especially when a share of the labor force is quarantined … networks. In this paper we incorporate production barriers induced by COVID-19 shock into a Ricardian model with sectoral … of the disruption in production that started in China and then quickly spread across the world. We find that the COVID-19 …
Persistent link: https://www.econbiz.de/10012837986
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Patterns in Invoicing Currency in Global Trade
Boz, Emine - 2020
This paper presents the most comprehensive and up-to-date panel data set of invoicing currencies in global trade. It provides data on the shares of exports and imports invoiced in US dollars, euros, and other currencies for more than 100 countries since 1990. The evidence from these data...
Persistent link: https://www.econbiz.de/10012826025
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Global Trade is Increasing
Macdonald, Roderick - 2023
international trade has either begun to decrease or is about to decrease due to changes in the structure of the world economy. This … 2014 to 2016, when world petroleum prices decreased the dollar value of international exports …
Persistent link: https://www.econbiz.de/10014356339
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Impact of Participation in Global Value Chains on Productivity of Industrial Firms : Evidence from Indian Manufacturing
Goldar, Bishwanath; Goldar, Anindita - 2022
Using data on Indian manufacturing firms for 1999-2019, the paper examines whether participation in global value chains (GVCs) by manufacturing firms in India raises their productivity. GVC participation by industrial firms involves exporting products along with importing intermediate inputs,...
Persistent link: https://www.econbiz.de/10014243289
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Trade, inequality, and subjective well-being : getting at the roots of the backlash against globalization
Dluhosch, Barbara - 2018
Many countries in the Western hemisphere are currently experiencing a backlash against globalization. Most of the research examining the issue has concentrated on international specialization and within-country income inequality as main drivers of the backlash. Doing so, the discussion has...
Persistent link: https://www.econbiz.de/10011870318
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Accumulating Trade Costs and Competitiveness in Global Value Chains
Diakantoni, Antonia - 2017
Trade costs such as applied tariffs, transportation and insurance costs are amplified as they pass through the multiple production steps associated with modern supply chains. This so called "cascade effect" arises since trade costs accumulate as intermediate goods are imported and then...
Persistent link: https://www.econbiz.de/10012964525
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How deep is your love? : innovation, upgrading and the depth of internationalization
Meyer, Birgit - 2020 - Preliminary Draft, October 2019
Global Value Chains (GVCs) provide an important opportunity to become member of the global economy. Gaining access to GVCs and the possibility of developing linkages with major suppliers and customers enables the prospect to upgrade products and production processes via knowledge and...
Persistent link: https://www.econbiz.de/10012431517