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We depart from the trade and wages literature and its emphasis on North-South trade, examining North-North by developing the basic linkages between trade-based integration and relative wages in an Ethier-type division of labor model. Using this model we identify a formal relationship between...
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The paper offers an overview of some key conceptual aspects associated with the rise of global value chains (GVCs). It outlines a series of alternative interpretations and definitions of what the rise of GVCs entails, and it traces the implications of these alternative conceptualizations for the...
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During 1985-2015, globalization intensified the factor-endowment-related pattern of sectoral specialization. In skill … sectors in output and employment increased in most countries, but mainly for reasons unrelated to globalization. Changes in …
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