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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
Purpose – This research examines the effect of a foreign subsidiary on the productivity growth of a Two-way trading manufacturing firm in Korea. We explore firms engaged in both trade and FDI simultaneously to verify whether participation in GVC as a broad concept is an efficient...
Persistent link: https://www.econbiz.de/10012862452
Understanding the drivers of international production fragmentation is an important issue for Latin American and Caribbean countries because participation in global production networks can help mitigate instability due to dependence on natural resources and can provide opportunities for further...
Persistent link: https://www.econbiz.de/10011303271
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
This paper documents a trend towards deglobalization in European-based multinational networks for the period 2010-2019. In the second half of the decade, the number of foreign contraction episodes shows an increasing trend, while the number of foreign expansions decreased substantially. Foreign...
Persistent link: https://www.econbiz.de/10015076754
The import content of exports (ICE) is defined as the amount of foreign input embodied in one unit of export, and it has been used as a measure of the degree of integration into the global production network. In this paper, we suggest an alternative measure based on the decomposition of gross...
Persistent link: https://www.econbiz.de/10013211672
Persistent link: https://www.econbiz.de/10012058545
Bilateral Investment Treaties (BITs) are vital for safeguarding and enhancing foreign investments, pivotal in Global Production Networks (GPNs). This study assesses the impact of BITs on GPNs driven by EU multinational enterprises, with a focus on regions hosting corporate headquarters due to...
Persistent link: https://www.econbiz.de/10014632733
Despite the recognition that trade policy — in particular, tariff regimes and rules of origin — can affect the geography of production, much GPN analyses pay scant attention to the tariff context of the sector studied. This paper proposes an analytical framework to more effectively integrate...
Persistent link: https://www.econbiz.de/10014106733
This paper examines China's evolving role in global production networks and its implications for assessing the potential impact of the "trade war" declared by President Trump. The analysis, which is based on a systematic disaggregation of trade based on global production sharing into components...
Persistent link: https://www.econbiz.de/10011660932