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international value chains reduces the exchange rate elasticity of gross trade volumes. This result holds both in the short and … larger gross trade flows, relative to GDP, which tends to amplify the effect of exchange rate movements. Overall, combining …
Persistent link: https://www.econbiz.de/10012843296
The emergence of GVCs and recently superstar firms has been well documented, but less attention has been paid to what these joint developments mean for how we think about and need to examine FDI. Against this setting, I explore four dimensions of FDI: its conceptual aspects, measurement,...
Persistent link: https://www.econbiz.de/10013225910
Power is one of the key components in understanding and analyzing global production and is central to the analytical frameworks of both GVCs and GPNs. By focusing on firms' power within GPNs, we are able to draw a novel analytical link between the governance structures of GVCs and network...
Persistent link: https://www.econbiz.de/10012224253
on offer. This paper uses detailed firm level data from Southeast Asian countries to split the OECD Trade in Value Added … makers focus on: i) reducing trade costs that hit SMEs hardest; including tariffs, trade agreements and trade facilitation …
Persistent link: https://www.econbiz.de/10012110983
participate in GVCs and to increase their level of engagement in GVC networks. As for country-related factors, openness to trade …
Persistent link: https://www.econbiz.de/10012205841
This study assesses the determinants of global value chain (GVC) participation and the relationship between the degree of GVC participation and firms' performance. The main estimation method for both analyses is a panel fixed-effect regression employing unique panel firm-level data from the...
Persistent link: https://www.econbiz.de/10012219528
trade. We develop a quantifiable trade model with two-sided firm heterogeneity, matching frictions, and oligopolistic …-ups. Counterfactual analysis indicates that entry upstream benefits high-productivity buyers, while lower matching or trade costs benefit … industrial and trade policies. …
Persistent link: https://www.econbiz.de/10015051741
The objective of this paper is to analyse the scope for improving empirical and methodological foundation of global value chain (GVC) research and for making relevant political decisions, primarily through application of foresight methodology based on the latest trend to combine the approaches...
Persistent link: https://www.econbiz.de/10011436433