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depend critically on the availability of infrastructure services. The paper modifies and applies the O-ring theory of …
Persistent link: https://www.econbiz.de/10012732917
This paper investigates the impact of global value chain participation on productivity, using data on trade in value added from the World Input-Output Database. The results based on a panel estimation covering 13 sectors in 40 countries over 15 years suggest that participation in global value...
Persistent link: https://www.econbiz.de/10012934600
In this paper, we construct an elaborate general equilibrium model with a continuum of production fragments for an intermediate good, then embed it in a growth model to address the effects of global production fragmentation, vertical specialization and trade on growth and inequality for a small...
Persistent link: https://www.econbiz.de/10012668495
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In this paper, we construct an elaborate general equilibrium model with a continuum of production fragments for an intermediate good, then embed it in a growth model to address the effects of global production fragmentation, vertical specialization and trade on growth and inequality for a small...
Persistent link: https://www.econbiz.de/10013314672
This paper investigates the impact of global value chain participation on productivity, using data on trade in value added from the World Input-Output Database. The results based on a panel estimation covering 13 sectors in 40 countries over 15 years suggest that participation in global value...
Persistent link: https://www.econbiz.de/10012246363