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Did the 2018/19 US-China trade war trigger adjustment of Global Value Chains (GVCs) and nearshoring to Mexico? We address this question with confidential longitudinal firm-level trade data from Mexico that covers the universe of international trade transactions over 2015-2021. By merging the...
Persistent link: https://www.econbiz.de/10014340112
Im Zeitraum 2009 bis 2011 waren rd. 1,3 Mio. Unternehmen aus Deutschland, zu 99 % KMU, international aktiv. Damit besaßen rund 37 % aller Unternehmen direkte Auslandskontakte (bei Berücksichtigung indirekter Kontaktformen: 44 %). Am häufigsten unterhielten die Unternehmen Im- und...
Persistent link: https://www.econbiz.de/10010213003
This paper aims to provide policy makers with a broad overview of the issues that the digital transformation raises for trade with a view to informing how these might be reflected in trade policy design. It discusses how digitalisation has changed international trade and provides estimates of...
Persistent link: https://www.econbiz.de/10011955793
The rapid acceleration of digital transformation has had profound implications for services trade but the benefits of digitalisation risk being derailed by existing and emerging trade barriers. The OECD Digital Services Trade Restrictiveness Index (Digital STRI) is a new tool that identifies,...
Persistent link: https://www.econbiz.de/10011998956
This report provides new evidence on the role of services in global value chains (GVCs). With the release of the Trade in Value Added database, it was highlighted that services account for a larger share of world trade than suggested by traditional statistics. But this evidence does not tell the...
Persistent link: https://www.econbiz.de/10011695348
Estimates for ad valorem tariff equivalents of services trade restrictions for cross-border trade in six services sectors are presented in this paper. These equivalents are found to be very big in several service sectors with estimates ranging as high as 2000% when trade flows are relatively...
Persistent link: https://www.econbiz.de/10011695356
Participation in global value chains (GVCs) can be a pathway for economic development. It is associated with growing productivity, exporting more sophisticated products and a less concentrated export basket (Kowalski et al., 2015). However, it is often argued that these benefits accrue mainly to...
Persistent link: https://www.econbiz.de/10011695368
Within global value chains (GVCs), services and manufacturing activities are intertwined. This report further investigates the role played by services in GVCs by looking at patterns of specialisation in 23 services industries over the period 2000-2014. Relying on the concept of revealed...
Persistent link: https://www.econbiz.de/10011779435
This report presents evidence on how services trade restrictions influence the decisions and performance of firms engaged in international markets, drawing on micro-data from Belgium, Finland, Germany, Italy, Japan, Sweden, the United Kingdom, and the United States. It first describes the...
Persistent link: https://www.econbiz.de/10011779469
A country or firm's position in the value chain will largely depend on its comparative advantage, and therefore the mix of skills and resource endowments it brings to international production. For some, this might initially involve specialising in the labour intensive segments while others may...
Persistent link: https://www.econbiz.de/10011582065