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One of the main stylised facts that has emerged from the recent literature on global value chains is that bilateral trade imbalances in gross terms can differ substantially from those measured in value added terms. However, the factors underlying the extent and sign of the differences between...
Persistent link: https://www.econbiz.de/10013051676
One of the main stylised facts that has emerged from the recent literature on global value chains is that bilateral trade imbalances in gross terms can differ substantially from those measured in value added terms. However, the factors underlying the extent and sign of the differences between...
Persistent link: https://www.econbiz.de/10012988734
One of the main stylised facts that has emerged from the recent literature on global value chains is that bilateral trade imbalances in gross terms can differ substantially from those measured in value added terms. However, the factors underlying the extent and sign of the differences between...
Persistent link: https://www.econbiz.de/10014125305
This paper studies the great collapse in value added trade using a structural decomposition analysis. We show that changes in vertical specialisation accounted for almost half of the great trade collapse, while the previous literature on gross trade has mainly focused on final expenditure,...
Persistent link: https://www.econbiz.de/10011419613
Persistent link: https://www.econbiz.de/10011349825
Persistent link: https://www.econbiz.de/10010381947
One of the main stylised facts that has emerged from the recent literature on global value chains is that bilateral trade imbalances in gross terms can differ substantially from those measured in value added terms. However, the factors underlying the extent and sign of the differences between...
Persistent link: https://www.econbiz.de/10010384148
Persistent link: https://www.econbiz.de/10011524890
Persistent link: https://www.econbiz.de/10011290652
Persistent link: https://www.econbiz.de/10011291042