Hanson, Gordon H.; Mataloni, Raymond J.; Slaughter, … - In: The Review of Economics and Statistics 87 (2005) 4, pp. 664-678
In recent decades, growth of world trade has been driven largely by rapid growth of trade in intermediate inputs. Much of input trade involves multinational firms locating input processing in their foreign affiliates, thereby creating global vertical production networks. We use firm-level data...