Vertical specialization and the changing nature of world trade.

Vertical Specialization and the Changing Nature of World Trade

In this article, the authors demonstrate the greater role vertical specialization is playing in these increased flows. Vertical specialization occurs when a ...

Vertical Specialization and the Changing Nature of World Trade

Vertical Specialization and the. Changing Nature of World Trade. David Hummels, Dana Rapoport, and Kei-Mu Yi he world's economies have become increas- ingly ...

Vertical Specialization and the Changing Nature of World Trade

Vertical specialization in international trade has contributed significantly to the increased global flows of goods and services.

(PDF) Vertical Specialization and the Changing Nature of World ...

Vertical specialization occurs when a country uses imported intermediate parts to create a good it later exports--that is, the country links ...

Vertical Specialization and the Changing Nature of World Trade

Deriving evidence from four case studies as well as OECD input-output tables, the authors reveal that vertical specialization has accounted for ...

Vertical specialization and the changing nature of world trade

Vertical specialization occurs when a country uses imported intermediate parts to create a good it later exports--that is, the country links sequentially with ...

The nature and growth of vertical specialization in world trade

Dramatic changes are occurring in the nature of international trade. Production processes increasingly involve a sequential, vertical trading chain ...

Hummels, D., Rapoport, D. and Yi, K. (1998) Vertical Specialization ...

Hummels, D., Rapoport, D. and Yi, K. (1998) Vertical Specialization and the Changing Nature of World Trade, Federal Reserve Bank of New York Economic Policy ...

The Rise of Vertical Specialization Trade

... Economic Perspectives 21(3), 131–154. Hummels, David, Dana Rapoport & Kei-Mu Yi (1998), 'Vertical specialization and the changing nature of world trade ...

The nature and growth of vertical specialization in world trade

Abstract: Dramatic changes are occurring in the nature of international trade. Production processes increasingly involve a sequential, vertical trading chain ...

Can Vertical Specialization Explain the Growth of World Trade?

The key idea embedded in this model is vertical specialization, which occurs when countries specialize only in particular stages of a good's production sequence ...

The Nature of Growth of Vertical Specialization in World Trade

Dramatic changes are occurring in the nature of international trade. Production processes increasingly involve a sequential, vertical ...

Can Vertical Specialization Explain the Growth of World Trade? Kei ...

board ratios or by Hummels (1999), will not change the basic nonlinearity of the figure. Page 3. Fig. 1.—Manufacturing export share of GDP and manufacturing ...

[PDF] The Nature and Growth of Vertical Specialization in World Trade

Dramatic changes are occurring in the nature of international trade. Production processes increasingly involve a sequential, vertical ...

vertical specialisation and global value chains - UN Statistics Division

Hummels, D., Rapoport, D. and Yi, K-M. (1998), “Vertical Specialisation and the Changing Nature of. World Trade”, FRBNY Economic Policy Review, ...

The Nature and Evolution of Vertical Specialisation

of world trade, in Figure 1, shows little change in the underlying trends11. ... Hummels D, Ishii J, Yi K-M (2001) “The Nature and Growth of Vertical ...

Vertical Specialization and Interregional Trade: Hierarchy of Spatial ...

The renewed interest in international trade has drawn attention to the phenomenon of vertical specialization, the use of imported inputs for producing goods ...

Vertical Specialization with Developed and Developing Countries

Integration of the world economy through trade has encouraged firms to adopt new ... the Changing Nature of World Trade", FRBNY Economic Policy Review, 1998, Vol.

Vertical specialization across the world: a relative measure.

This paper investigates a specific aspect of international production linkages that, following Hummels et al. (2001), is commonly designated as ...

Patterns of vertical specialisation in trade: long-run evidence for 91 ...

Using a breakpoint detection method, they identify three waves of vertical specialisation in the world economy: 1970–1979, 1986–1995 and 1996– ...