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This paper uses “centrality” metrics to reflect the changing structure of Global Value Chains (GVCs), contrasting central hubs and peripheral countries and sectors, and examine how these changes impact firm productivity. Using cross-country firm-level data from ORBIS, the paper finds that...
Persistent link: https://www.econbiz.de/10011975703
Global value chains have fundamentally transformed international trade and development in recent decades. We use matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to examine how Chinese firms position themselves in global production lines and...
Persistent link: https://www.econbiz.de/10012501399
Global value chains have fundamentally transformed international trade and development in recent decades. We use matched firm-level customs and manufacturing survey data, together with Input-Output tables for China, to examine how Chinese firms position themselves in global production lines and...
Persistent link: https://www.econbiz.de/10012270354
There is evidence that Europe's manufacturing activity is increasingly concentrated in a Central European (CE) core which the IMF in a recent publication also refers to as the German-Central European supply chain. This CE manufacturing core is dominated by Germany and in addition comprises...
Persistent link: https://www.econbiz.de/10011392671
The study analyses the relationships between capital dynamics, productivity, global value chains and foreign direct investment using panel data techniques. Among other results, we confirm the high importance of tangible and intangible ICT capital for productivity and GVC integration. We examine...
Persistent link: https://www.econbiz.de/10012232879
The paper studies the drivers of productivity at country and sectoral levels over the period 2000-2017 with the focus on the impact of capital accumulation and structure. The analysis confirms an especially important role of ICT and intangible digital capital for productivity growth,...
Persistent link: https://www.econbiz.de/10012209649
In 2015, export supplies of food stuffs to Russia from the countries subject to embargo decreased by 66% compared to 2013. However, the negative effect on the economy of these countries was limited. Total export of food stuffs in monetary terms fell barely by 7% and it was redirected to other...
Persistent link: https://www.econbiz.de/10012991882
Export and import value indices were synchronous in their decline throughout the past year, 2015. The behavior of exports was naturally shaped by the plunge of prices of raw materials (even though their physical volume remained roughly the same), while the declining value of imports was caused...
Persistent link: https://www.econbiz.de/10012992293
The scale and productivity of maritime trade is a function of environmental conditions, political processes and economic development that determine demand, and more specifically of trading costs. Trading costs are the sum of transportation costs (comprised of the cost of carriage and the cost of...
Persistent link: https://www.econbiz.de/10012718440
Global Manufacturing and International Supply Chains changed the way trade and international economics are understood today. The present essay builds on recent statistical advances to suggest new ways of looking at the demand and supply side approaches when Global Value Chains (GVCs) -...
Persistent link: https://www.econbiz.de/10011435987