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This paper constructed a simple model to illustrate the global supply chain profit sharing and industrial upgrading mechanism, from which it was found that the average profitability distribution in the different supply chain stages was determined by two main factors: (1) the average product of...
Persistent link: https://www.econbiz.de/10012855004
The real effective exchange rate (REER) is one of the most cited statistical constructs in open-economy macroeconomics. We show that the models used to compute these numbers are not rich enough to allow for the rising importance of global value chains. Moreover, because different sectors within...
Persistent link: https://www.econbiz.de/10012956518
The real effective exchange rate (REER) is one of the most cited statistical constructs in open-economy macroeconomics. We show that the models used to compute these numbers are not rich enough to allow for the rising importance of global value chains. Moreover, because different sectors within...
Persistent link: https://www.econbiz.de/10011772161
The paper analyzes the labor market effects of globalization when foreign market entry is costly and risky. With … cannot easily switch industries and wages are inflexible in the short run, globalization tends to increase unemployment. In … popular views about the globalization effects in the U.S. and continental Europe. The results also suggest that the welfare …
Persistent link: https://www.econbiz.de/10003456055
development in the era of globalization. This process suggests that vertical input-output linkages between local firms and … globalization and economic integration in East Asia, there is significant potential for the small and medium enterprise (SME) sector …
Persistent link: https://www.econbiz.de/10014192738
This working paper forms part of South Africa's contributions to the BRICS Joint Working Group on Food and Agro-processing's overarching report on ‘The Global Food Value Chain and Competition Law and Policy in BRICS countries'. Constituted by the competition authorities of the BRICS countries,...
Persistent link: https://www.econbiz.de/10012930095
This working paper forms part of South Africa's contributions to the BRICS Joint Working Group on Food and Agro-processing's overarching report on ‘The Global Food Value Chain and Competition Law and Policy in BRICS countries'. Constituted by the competition authorities of the BRICS countries,...
Persistent link: https://www.econbiz.de/10012944570
International trade has evolved into a complex network of global value chains (GVCs) that take advantage of the low cost and high scope of international maritime transportation (MT). Given the interconnectivity of GVCs, regional economic crises propagate rapidly. This paper uses complex network...
Persistent link: https://www.econbiz.de/10014136677
Since the extent of offshoring and production sharing varies by sector and country, we develop measures of GVCs in terms of length, intensity, and location of participation at the levels of country, country-sector, and bilateral sector, and distinguish among pure domestic, directly traded, and...
Persistent link: https://www.econbiz.de/10012953466
This paper integrates two lines of research: trade in global value chains and embodied emissions into a unified conceptual framework. This allows both value-added and emissions to be systematically traced at the country, sector, and bilateral levels through various production network routes. By...
Persistent link: https://www.econbiz.de/10013039833