-contained chapters. All chapters discuss different implications of the growing importance of trade in intermediate inputs. The first … chapter compares the impact of international trade in intermediate inputs (offshoring) on wage inequality in two distinct but … and estimates the importance of international trade in intermediate inputs and internationally mobile capital for the …

This paper analyses the effect of international borders and of trade agreements at international borders on subnational … 1950 and 2017. Our results show that international borders decrease regional income per capita, while trade agreements at … international borders increase regional income per capita by about the same magnitude. The positive marginal effect of trade …

Global value chains offer countries unique opportunities to participate in and benefit from international trade by … chains positively impacts their growth; a positive impact which is driven by trade in commodities, knowledge intensive good …

-North intermediate goods trade framework. International product market integration leads to redistribution of market shares from 'weak … restrictions which prevent the economy from reaching a first best allocation. The positive welfare effects of opening to trade are … integration. -- employment protection ; firing margin ; trade in intermediate goods ; labor market turnover ; revenue risk …

economy that is open to international trade. Having a workable open-economy framework allows us to address the question …

economy that is open to international trade. Having a workable open-economy framework allows us to address the question …

-income equilibrium. We show that under monopolistic competition with CES preferences the openness to international trade does not affect … the set of parameter combinations leading to a poverty trap, whereas international trade makes it more difficult to … pro-competitive effect of opening up to international trade, which bites into firms' profit margins, rendering the …

draws global trade and specialisation scenarios up to 2060, taking into account international spillovers. The report … highlights that comparative advantage in terms of factor endowments matters for trade specialisation, although framework and … trade policies also play a role. For instance, tariffs on intermediate inputs are found to adversely affect trade with this …

draws global trade and specialisation scenarios up to 2060, taking into account international spillovers. The paper … highlights that comparative advantage in terms of factor endowments matters for trade specialisation, although framework and … trade policies also play a role. For instance, tariffs on intermediate inputs are found to adversely affect trade with this …