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with input-output linkages to gauge the effects of this adverse supply shock in China on the global economy through … countries even gain from the shock due to trade diversion. As a key methodological contribution, we quantify the role of GVCs … (in contrast to final goods trade) in transmitting the shock. In a hypothetical world without GVCs, the welfare loss due …
Persistent link: https://www.econbiz.de/10012291860
with input-output linkages to gauge the effects of this adverse supply shock in China on the global economy through … countries even gain from the shock due to trade diversion. As a key methodological contribution, we quantify the role of GVCs … (in contrast to final goods trade) in transmittingthe shock. In a hypothetical world without GVCs, the welfare loss due to …
Persistent link: https://www.econbiz.de/10012269809
far exceed any benefits from lower shock exposure. In the U.S., a repatriation of GVCs would reduce national welfare by 2 …
Persistent link: https://www.econbiz.de/10013227605
with input-output linkages to gauge the effects of this adverse supply shock in China on the global economy through … countries even gain from the shock due to trade diversion. As a key methodological contribution, we quantify the role of GVCs … (in contrast to final goods trade) in transmittingthe shock. In a hypothetical world without GVCs, the welfare loss due to …
Persistent link: https://www.econbiz.de/10012270556
with input-output linkages to gauge the effects of this adverse supply shock in China on the global economy through … countries even gain from the shock due to trade diversion. As a key methodological contribution, we quantify the role of GVCs … (in contrast to final goods trade) in transmitting the shock. In a hypothetical world without GVCs, the welfare loss due …
Persistent link: https://www.econbiz.de/10012314859
far exceed any benefits from lower shock exposure. In the U.S., a repatriation of GVCs would reduce national welfare by 2 …
Persistent link: https://www.econbiz.de/10012582142
with input-output linkages to gauge the effects of this adverse supply shock in China on the global economy through … countries even gain from the shock due to trade diversion. As a key methodological contribution, we quantify the role of GVCs … (in contrast to final goods trade) in transmitting the shock. In a hypothetical world without GVCs, the welfare loss due …
Persistent link: https://www.econbiz.de/10013315297
This paper aims to examine the changes in global value chains (GVCs) in the years 2020-2022 (times of the COVID-19 pandemic) compared to 2019 (last year before the pandemic). GVCs are illustrated by diagrams based on the statistics on international trade measured by value-added exports and...
Persistent link: https://www.econbiz.de/10014555801
In this paper we provide a method to characterise global value chains and a related decomposition of bilateral gross exports by distinguishing three different stages of the value-added flows: (i) the source of value added, (ii) the final assembly stage of a product, and (iii) the final...
Persistent link: https://www.econbiz.de/10012617632
with the coronavirus pandemic. …
Persistent link: https://www.econbiz.de/10012800648