Trade specialization and performance in global value chains

This article investigates whether trade specialization explains economies' trade performance within the context of global value chains (GVCs).

Our results suggest that trade specialization in LTM and NR relate to a decline in the growth of domestic value-added per capita exports relative to other ...

Trade Specialisation and Performance in Global Value Chains

This paper investigates whether trade specialisation explains economies' trade performance within a Global Value Chain (GVC) context.

Technology, global value chains and functional specialisation in ...

Global Value Chains (GVCs) are forms of international production involving growing trade in intermediates and international fragmentation of the production ...

The virtues and limits of specialization in global value chains - NCBI

International trade theory has its foundations in the classical Ricardian argument that countries specialize in industries in which they exhibit ...

Firm Performance, Participation in Global Value Chains and Service ...

The fragmentation of production across firms and countries allows for specialization and enables economies of scale. As services have increasingly become ...

SPECIALIZATION WITHIN GLOBAL VALUE CHAINS:

We explain these results with a simple theoretical framework that shows how predicted patterns of specializations depend on whether trade costs ...

Trade for catch-up: examining how global value chains participation ...

For instance, the emergence of GVC has enabled a new global production system where countries specialize in those tasks they have core ...

Conceptual Aspects of Global Value Chains - Harvard University

By explicitly modeling the. Page 3. The World Bank Economic Review. 3 mechanisms by which the division of the gains from specialization are divided across firms ...

What drives the economic performance of suppliers in global value ...

Theories of global value chains (GVCs) and global production networks (GPNs) represent a comprehensive conceptual framework that can be used to ...

Risks and opportunities of reshaping global value chains

Growing trade and capital integration in the 1990s and the 2000s have profoundly affected the performance and structure of the global economy.

Global Value Chains - National Bureau of Economic Research

This paper surveys the recent body of work in economics on the importance of global value chains (GVCs) in shaping international trade flows and multinational ...

The Role of the Global Value Chain in Improving Trade ... - Frontiers

The establishment of the global value chain (GVC) allows firms to minimize production costs across the entire production system. As the GVC ...

Global value chains and world trade - Repositorio Digital

specialization in world trade”, Journal of International Economics, vol. 54 ... the performance and upgrading of value chains (Gereffi and others, 2011).

Global value and supply chains - OECD

About 70% of international trade involves global value chains (GVCs), as services, raw materials, parts, and components cross borders – often numerous times.

Global value chains - ScienceDirect.com

This paper surveys the recent body of work in economics on the importance of global value chains (GVCs) in shaping international trade flows and production ...

Global value chains, interdependence, and the future of trade - CEPR

The emergence of intra-firm trade as the primary component of international trade reflects a global interdependence in the production ...

Automation, global value chains and functional specialization

Countries and industries that integrate into global value chains (GVCs) gain by specializing in production steps in which they have a ...

Trading for Development in the Age of Global Value Chains

... specialization, especially if accompanied by production or energy ... performance. Foreign investment by these firms is a key driver of ...

trade interconnectedness: the world with global value chains - imf

exports (Hammels, Ishii and Yi, 2001), foreign value-added shares in exports (Koopman and others, 2010), vertical specialization of trade ( ...