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where firms decide to locate particular segments of the value chain. The book examines globalization within the context of … diversity of responses across industries to these forces, and suggest that any understanding of globalization must appreciate …
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We investigate the role of global value chains in the declines of manufacturing employment and output in the U.S. during COVID-19. Specifically, we identify the role of global value chains by exploiting heterogeneity across industries in cross-country sourcing patterns and its interaction with...
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