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In this article, we examine the dynamics of Global Value Chains (GVCs) since the 2000s. Did it show a marked expansion up to the Great Recession and did GVCs begin a downturn in the 2010s? To better understand the evolution of GVCs at the world level, we use very detailed trade data for 2000 to...
Persistent link: https://www.econbiz.de/10012889948
This paper analyzes the European integration of the Turkish industry in view of a comparative trade analysis of the Turkish economy and the EU economies. We perform a thorough depiction of the various aspects of the trade integration of Turkey, most notably in the fields of the trade patterns,...
Persistent link: https://www.econbiz.de/10013124983
This study investigates the evolution of the import content of production and exports in Turkey for the 2002-2018 period. Based on 2002 and 2012 input-output tables and a large data set of production and foreign trade, we estimate the production and imported input use for 20 sectors, mainly from...
Persistent link: https://www.econbiz.de/10012429608
We econometrically investigate the heterogeneous ability of Italian exporting sectors at coping with the Covid-19 shock, which affected in an idiosyncratic fashion both supply, mainly due to the selective suspension of non-essential activities in the country during the lockdown in March-April...
Persistent link: https://www.econbiz.de/10013321881
Following the gains of Greek non-fuel goods export market shares in the period 2005-2008, a continuous decline was recorded in the period 2009-2015, with their recovery starting in 2016. In this paper, we decompose the changes in the Greek export market shares during the pre- and postcrisis...
Persistent link: https://www.econbiz.de/10014077864
Reports of the death of U.S. manufacturing have been greatly exaggerated. Since the depth of the manufacturing recession in 2002, the sector as a whole has experienced robust and sustained output, revenue, and profit growth. The year 2006 was a record year for output, revenues, profits, profit...
Persistent link: https://www.econbiz.de/10014221882
Inequalities between workers of different skills have been growing in the era of globalization. Firms’ internationalization mode has an impact on job stability. Exporting firms are not only exposed to different foreign shocks, they also pay skill-intensive fixed costs to serve foreign markets....
Persistent link: https://www.econbiz.de/10012892069
This paper presents empirical evidence about the relationship between market openness and markup distribution of manufacturing firms. The empirical analysis uses a panel data set of Spanish firms in the period 1990-2005, with a structural approach that lets us to identify individual mark-ups....
Persistent link: https://www.econbiz.de/10013126033
There is a dearth of research on the impact of technological change on employment in the context of least developed countries (LDCs) embarking on globalization, which enhances the prospect of direct technological imports or embodied technological transfer. Using a sample of 1,940 enterprises...
Persistent link: https://www.econbiz.de/10010226717
This paper empirically accounts for the importance of the 'global supply chains' concept for export restructuring and productivity growth in Central and Eastern European Countries (CEECs) in the period 1995-2007. Using industry-level data and accounting for technology intensity, we show that FDI...
Persistent link: https://www.econbiz.de/10009734003