P, Jithin; Ashraf, Sania; Hamill, Philip A.; Kansal, … - 2023
This paper investigates the impact of participation in global value chains (GVCs) on inflation for a sample of 29 OECD … economies from 2000 to 2018. Overall, our empirical analysis finds that participation in GVCs increases inflation, which is … participation for high-income economies is insignificant, while we observe a significant negative relationship between inflation and …