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Based on recent approaches measuring the factor content of trade when intermediates are traded this paper provides an approach to decompose the value added and factor (capital, high, medium and low educated labour) content of trade into foreign and domestic components. This adds to the...
Persistent link: https://www.econbiz.de/10010686971
This paper discussed two measures of value added flows between countries 'Trade in value added' accounts for value added of one country directly and indirectly embodied in final consumption of another country. 'Value added in trade' measures the value added embodied in gross trade flows. The...
Persistent link: https://www.econbiz.de/10012099910
This letter provides an approach to decompose the value added content of trade into foreign and domestic components when intermediates are traded. The measure adds to the existing literature by considering both exports and imports simultaneously. In this way this approach generalizes the...
Persistent link: https://www.econbiz.de/10010678821
This paper discussed two measures of value added flows between countries ‘Trade in value added’ accounts for value added of one country directly and indirectly embodied in final consumption of another country. ‘Value added in trade’ measures the value added embodied in gross trade flows....
Persistent link: https://www.econbiz.de/10010686978
Abstract The increasing international fragmentation of production has triggered the development of a number of widely used indicators accounting for value added flows in the world economy. This paper generalises these measures by simultaneously considering the import side and focusing on...
Persistent link: https://www.econbiz.de/10012099930
Abstract The increasing international fragmentation of production has triggered the development of a number of widely used indicators accounting for value added flows in the world economy. This paper generalises these measures by simultaneously considering the import side and focusing on...
Persistent link: https://www.econbiz.de/10010820187
Abstract It is now widely accepted that when controlling for international differences in production techniques, the predictions from the Heckscher-Ohlin-Vanek (HOV) theorem are largely satisfied. However, a large amount of 'missing trade' remains. This paper makes two main contributions...
Persistent link: https://www.econbiz.de/10012099939
The ongoing internationalization of production has altered the economic landscape. Many products used to be produced locally using inputs drawn largely from the domestic economy, which implied that most of the value chains or production processes used to be located in the country where a firm...
Persistent link: https://www.econbiz.de/10012100119
The world is going through strikingly fast and comprehensive transformation. The harmonization of the bilateral or multilateral regulations and standards all over the world will make market penetrations much easier, or harder. This is also a critical turn for the overall Turkish economic and...
Persistent link: https://www.econbiz.de/10013076430
Rethinking developing country status at the World Trade Organization (WTO) is essential for the institution's modernization and survival. The Trump administration has recognized this challenge and is seeking changes to the flexibilities provided to developing countries. Referred to as “special...
Persistent link: https://www.econbiz.de/10012836862