Global Value Chains And Productivity Micro Evidence From Estonia

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Global Value Chains and Productivity: Micro Evidence from Estonia

Hang T. Banh,Mr.Philippe Wingender,Cheikh A. Gueye
Global Value Chains and Productivity Micro Evidence from Estonia Book PDF

Author : Hang T. Banh,Mr.Philippe Wingender,Cheikh A. Gueye
Publisher : International Monetary Fund
Page : 41 pages
File Size : 53,9 Mb
Release : 2020-07-03
Category : Business & Economics
ISBN : 9781513542300

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Global Value Chains and Productivity: Micro Evidence from Estonia by Hang T. Banh,Mr.Philippe Wingender,Cheikh A. Gueye Pdf

The COVID-19 pandemic has led to an unprecedented collapse in global economic activity and trade. The crisis has also highlighted the role played by global value chains (GVC), with countries facing shortages of components vital to everything from health systems to everyday household goods. Despite the vulnerabilities associated with increased interconnectedness, GVCs have also contributed to increasing productivity and long-term growth. We explore empirically the impact of GVC participation on productivity in Estonia using firm-level data from 2000 to 2016. We find that higher GVC participation at the industry level significantly boosts productivity at both the industry and the firm level. Frontier firms, large firms, and exporting firms also benefit more from GVC participation than non-frontier firms, small firms, and non-exporting firms. We also find that GVC participation of downstream industries has a negative correlation with productivity. Frontier firms and large firms benefit more from GVC participation of upstream industries, while non-frontier firms and small firms benefit more from GVC participation of downstream industries. Our results suggest that policies designed to promote participation in GVCs are important to raise aggregate productivity and potential growth in Estonia.

Interconnected Economies Benefiting from Global Value Chains

OECD
Interconnected Economies Benefiting from Global Value Chains Book PDF

Author : OECD
Publisher : OECD Publishing
Page : 274 pages
File Size : 48,9 Mb
Release : 2013-05-28
Category : Electronic
ISBN : 9789264189560

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Interconnected Economies Benefiting from Global Value Chains by OECD Pdf

This book examines how global value chains have evolved and the policy challenges they have created.

Global Value Chain Development Report 2021

Banque asiatique de développement,WORLD TRADE ORGANIZATION SECRETARIAT.
Global Value Chain Development Report 2021 Book PDF

Author : Banque asiatique de développement,WORLD TRADE ORGANIZATION SECRETARIAT.
Publisher : Unknown
Page : 0 pages
File Size : 41,5 Mb
Release : 2022-01-25
Category : Business logistics
ISBN : 9287054290

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Global Value Chain Development Report 2021 by Banque asiatique de développement,WORLD TRADE ORGANIZATION SECRETARIAT. Pdf

A radical shift is underway in global value chains as they increasingly move beyond traditional manufacturing processes to services and other intangible assets. Digitization is a leading factor in this transformation, which is being accelerated by the coronavirus disease (COVID-19) pandemic. The Global Value Chain Development Report, the third of a biennial series, explores this shift beyond production. The report shows how the rise of services value chains offers a new path to development and how protectionism and geopolitical tensions, environmental risks, and pandemics are undermining the stability of global value chains and forcing their reorganization geographically. It is co-published by the WTO, the Asian Development Bank, the Research Institute for Global Value Chains at the University of International Business and Economics, the Institute of Developing Economies, and the China Development Research Foundation.

Measuring and Analyzing the Impact of GVCs on Economic Development

World Trade Organization
Measuring and Analyzing the Impact of GVCs on Economic Development Book PDF

Author : World Trade Organization
Publisher : World Trade Organization
Page : 0 pages
File Size : 55,8 Mb
Release : 2017
Category : Political Science
ISBN : 9287041253

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Measuring and Analyzing the Impact of GVCs on Economic Development by World Trade Organization Pdf

This report is about a huge contribution to our deepening understanding of what the global economy really means and how it is changing. The report helpfully distinguishes elements of an economy that are tradable and the large set that are non-tradable. Clearly the tradables set is expanding with the support of enabling technology. The report argues that connectivity in the networks that define the evolving architecture of GVCs is important. This Global Value Chain Development Report is the result of intensive and detailed work in assembling and analyzing data on the structure of economies and on how they are linked. It creates a much clearer picture of evolving patterns of independence. It also presents a much clearer picture of comparative advantage. --Publisher description.

World Development Report 2020

World Bank
World Development Report 2020 Book PDF

Author : World Bank
Publisher : World Bank Publications
Page : 511 pages
File Size : 50,8 Mb
Release : 2019-11-19
Category : Business & Economics
ISBN : 9781464814952

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World Development Report 2020 by World Bank Pdf

Global value chains (GVCs) powered the surge of international trade after 1990 and now account for almost half of all trade. This shift enabled an unprecedented economic convergence: poor countries grew rapidly and began to catch up with richer countries. Since the 2008 global financial crisis, however, the growth of trade has been sluggish and the expansion of GVCs has stalled. Meanwhile, serious threats have emerged to the model of trade-led growth. New technologies could draw production closer to the consumer and reduce the demand for labor. And trade conflicts among large countries could lead to a retrenchment or a segmentation of GVCs. World Development Report 2020: Trading for Development in the Age of Global Value Chains examines whether there is still a path to development through GVCs and trade. It concludes that technological change is, at this stage, more a boon than a curse. GVCs can continue to boost growth, create better jobs, and reduce poverty provided that developing countries implement deeper reforms to promote GVC participation; industrial countries pursue open, predictable policies; and all countries revive multilateral cooperation.

Global Value Chains in a Changing World

Deborah Kay Elms,Patrick Low
Global Value Chains in a Changing World Book PDF

Author : Deborah Kay Elms,Patrick Low
Publisher : Unknown
Page : 409 pages
File Size : 49,6 Mb
Release : 2013
Category : Business & Economics
ISBN : 9287038821

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Global Value Chains in a Changing World by Deborah Kay Elms,Patrick Low Pdf

A collection of papers by some of the world's leading specialists on global value chains (GVCs). It examines how GVCs have evolved and the challenges they face in a rapidly changing world. The approach is multi-disciplinary, with contributions from economists, political scientists, supply chain management specialists, practitioners and policy-makers. Co-published with the Fung Global Institute and the Temasek

Global Value Chains and World Trade

René Antonio Hernández,Jorge Mario Martínez Piva,Nanno Mulder
Global Value Chains and World Trade Book PDF

Author : René Antonio Hernández,Jorge Mario Martínez Piva,Nanno Mulder
Publisher : UN
Page : 292 pages
File Size : 54,6 Mb
Release : 2014
Category : Business & Economics
ISBN : STANFORD:36105214677820

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Global Value Chains and World Trade by René Antonio Hernández,Jorge Mario Martínez Piva,Nanno Mulder Pdf

"Selection of original papers presented at the international conference 'Latin America's Prospects for Upgrading in Global Value Chains,' held on 14-15 March 2012, at Colegio de Mexico, Mexico City"--Title page vers

Global Value Chains: What are the Benefits and Why Do Countries Participate?

Ms.Faezeh Raei,Anna Ignatenko,MissBorislava Mircheva
Global Value Chains What are the Benefits and Why Do Countries Participate Book PDF

Author : Ms.Faezeh Raei,Anna Ignatenko,MissBorislava Mircheva
Publisher : International Monetary Fund
Page : 31 pages
File Size : 41,5 Mb
Release : 2019-01-18
Category : Business & Economics
ISBN : 9781484395486

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Global Value Chains: What are the Benefits and Why Do Countries Participate? by Ms.Faezeh Raei,Anna Ignatenko,MissBorislava Mircheva Pdf

Over the last two decades, world trade and production have become increasingly organized around global value chains (GVC). Recent theoretical work has shown that countries can benefit from participation in GVCs through multiple channels. However, little is known empirically about the economic importance of supply chains. We use the Eora MRIO database to compute different measures of GVC participation for 189 countries and illustrate global patterns of supply chains as well as their evolution over time in order to contribute to this topic. We find that GVC-related trade, rather than conventional trade, has a positive impact on income per capita and productivity, however there is large heterogeneity and the gains appear more signifcant for upper-middle and high-income countries. We document that “moving up” to more high-tech sectors while participating in major supply chains does take place but is not universal, suggesting other factors matter. We confirm the findings of the standard gravity literature for GVC trade; highlighting the key role of institutional features such as contract enforcement and the quality of infrastructure as determinants of GVC participation.

Services in Global Value Chains

Patrick Low,Gloria O Pasadilla
Services in Global Value Chains Book PDF

Author : Patrick Low,Gloria O Pasadilla
Publisher : World Scientific
Page : 784 pages
File Size : 54,5 Mb
Release : 2016-06-21
Category : Business & Economics
ISBN : 9789813141476

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Services in Global Value Chains by Patrick Low,Gloria O Pasadilla Pdf

This compilation of 22 firm-specific case studies is an important contribution to the discussion of 'servicification' trends in manufacturing. 'Services have increased in importance and value in many manufacturing value chains, making companies that produce physical products look more like service enterprises. What services do global value chains use in their operations, how important are they and how do economic policies shape firms' configurations, operations, and location of global value chains? This book addresses these questions and more. The interviewed firms, based in 12 APEC economies, come from different sectors ranging from multinational automotive, construction equipment, and electrical appliance manufacturers to small and medium manufacturers of watches or chemical for water treatment. The book analyses what specific services are important in different stages of the value chain, and whether they are typically provided in-house or outsourced. Contents:Manufacturing-Related Services (Patrick Low and Gloria O Pasadilla)Manufacturing of Aircraft Control Systems in the Philippines (Andre Wirjo and Gloria O Pasadilla)Industrial Welding Services in Thailand (William Haines)Manufacturing of Mining and Construction Equipment (David Sit and Patrick Low)Manufacturing of Computer Servers (Yuhua Zhang)Wastewater Treatment Services (Arian Hassani and Andre Wirjo)Manufacturing of Automotive Components in the ASEAN Region (Denise Cheung)Manufacturing of Oil and Gas Industry Equipment in Singapore (Andre Wirjo and Gloria O Pasadilla)Car Manufacturing in the Philippines (Sherry Stephenson)Manufacturing of Thermal Power Generation Equipment (Gloria O Pasadilla)Production of Precision Die and Machine Parts in Thailand (Denise Cheung and Andre Wirjo)Manufacturing of Refrigerators (David Sit)Watch Manufacturing (Deborah Elms)Manufacturing of Automotive Components in Mexico: Perspectives from Three Firms (Andre Wirjo, Gloria O Pasadilla and Joel G Bassig)Manufacturing of Telecommunications Equipment (Huani Zhu and Gloria O Pasadilla)Manufacturing of Printed Circuit Boards in Canada (Ben Shepherd)Wine Industry in Chile (Karina Fernandez-Stark and Penny Bamber)Integrated Logistics Solutions Provider in Mexico (Andre Wirjo and Gloria O Pasadilla)Remanufacturing Services in the Construction Machinery Value Chain (Katherine Tait and Gary Gereffi)Manufacturing of Consumer Electronic Appliances in Indonesia (Emmanuel A San Andres)Fresh Cherry Industry in Chile (Penny Bamber and Karina Fernandez-Stark) Readership: Researchers, students and academics who are interested in international trade; trade economists; policymakers and general public who are interested in manufacturing related topics.

Global Value Chain Development Report 2019

World Tourism Organization
Global Value Chain Development Report 2019 Book PDF

Author : World Tourism Organization
Publisher : World Trade Organization
Page : 184 pages
File Size : 46,5 Mb
Release : 2019-06-04
Category : Electronic
ISBN : 928704967X

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Global Value Chain Development Report 2019 by World Tourism Organization Pdf

Global value chains (GVCs) are evolving in light of technological developments, such as robotics, big data and the Internet of Things. These technologies are reshaping GVCs and effecting changes on labor markets in developed and developing economies and on supply chain management. This report discusses how technological developments are creating new opportunities for the participation of small and medium-sized enterprises in global value chains and reviews issues related to GVC measurement. The report is a follow-up to the first Global Value Chain Development Report, which revealed the changing nature of international trade when analyzed in terms of value chains and value-added trade. This report is co-published by the World Trade Organization, the Institute of Developing Economies (IDE-JETRO), the Organization for Economic Cooperation and Development, the Research Center of Global Value Chains headquartered at the University of International Business and Economics (RCGVC-UIBE), the World Bank Group, and the China Development Research Foundation.

The Future of Productivity

OECD
The Future of Productivity Book PDF

Author : OECD
Publisher : OECD Publishing
Page : 120 pages
File Size : 54,6 Mb
Release : 2015-12-11
Category : Electronic
ISBN : 9789264248533

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The Future of Productivity by OECD Pdf

This book addresses the rising productivity gap between the global frontier and other firms, and identifies a number of structural impediments constraining business start-ups, knowledge diffusion and resource allocation (such as barriers to up-scaling and relatively high rates of skill mismatch).

Uncovering Value Added in Trade

Yuqing Xing
Uncovering Value Added in Trade Book PDF

Author : Yuqing Xing
Publisher : World Scientific
Page : 180 pages
File Size : 46,7 Mb
Release : 2015-07-13
Category : Political Science
ISBN : 9789814656375

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Uncovering Value Added in Trade by Yuqing Xing Pdf

Value chain trade has challenged economic implications of conventional trade statistics and transformed bilateral trade relationships into multilaterals. Conventional trade statistics exaggerate trade volumes and bilateral trade imbalances. It is imperative to measure trade in value-added and examine trade relations in the context of global value chains. This book is a collection of research papers on new approaches to measure trade in value added and the role of global value chains in modern international trade. It introduces the input output method for measuring trade and a direct approach for measuring the domestic value added of the People's Republic of China — the center of global assembly. In addition, it shows how to analyze trade relations in the context of global value chains. Contents:Introduction (Yuqing Xing)Implications of Global Value Chains for Trade Statistics and Trade Policy (Christophe Degain and Andreas Maurer)OECD Inter-Country Input–Output Model and Policy Implications (Norihiko Yamano)Estimating the Upper Limits of Value Added in the People's Republic of China's Processing Exports (Yuqing Xing)An Alternative Measurement for International Fragmentation of the Production Process: An International Input–Output Approach (Satoshi Inomata)Share of Imports and Commodities in Consumption and Investment in the United States (Galina Hale and Bart Hobijn)Domestic Value Chains in the People's Republic of China and Their Linkages with the Global Economy (Bo Meng)The "Fox–Apple" Partnership in the Global Value Chain: How Did Foreign Direct Investment and Contract Manufacturing Reshape the Landscape of the Electronics Industry? (Guoyong Liang) Readership: Advance postgraduate students and researchers in the field of international economics, particularly those studying global value chains. Key Features:This is the first book to systematically introduce the input-output method for measuring trade in value-added and a direct approach to measure the domestic value-added of China's exportsChapters are based on innovative approaches to analyze trade relations under global value chainsContributors are leading scholars in global value chains research and study. The authors are from WTO, OECD, ADBI, UNCTAD, the US Fed, JETRO-IDE and Peking University — a great combination and representation of international organizations and academic institutionsKeywords:Trade;Global Value Chains;Production Networks;Input-output Method;Trade Statistics;Trade Measurement;Trade in Value-Added;Domestic Value-Added;Production Fragmentation;Global Assembly;Trade Relations;Foreign Direct Investment;Manufacturing

Geopolitics, Supply Chains, and International Relations in East Asia

Etel Solingen
Geopolitics Supply Chains and International Relations in East Asia Book PDF

Author : Etel Solingen
Publisher : Cambridge University Press
Page : 321 pages
File Size : 55,6 Mb
Release : 2021-05-06
Category : Business & Economics
ISBN : 9781108833561

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Geopolitics, Supply Chains, and International Relations in East Asia by Etel Solingen Pdf

An accessible overview of political, economic, and strategic dimensions of global supply chains in a changing global political economy.

Firm Innovation and Productivity in Latin America and the Caribbean

Inter-American Development Bank,Matteo Grazzi,Carlo Pietrobelli
Firm Innovation and Productivity in Latin America and the Caribbean Book PDF

Author : Inter-American Development Bank,Matteo Grazzi,Carlo Pietrobelli
Publisher : Springer
Page : 346 pages
File Size : 47,8 Mb
Release : 2016-07-01
Category : Business & Economics
ISBN : 9781349581511

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Firm Innovation and Productivity in Latin America and the Caribbean by Inter-American Development Bank,Matteo Grazzi,Carlo Pietrobelli Pdf

This volume uses the study of firm dynamics to investigate the factors preventing faster productivity growth in Latin America and the Caribbean, pushing past the limits of traditional macroeconomic analyses. Each chapter is dedicated to an examination of a different factor affecting firm productivity - innovation, ICT usage, on-the-job-training, firm age, access to credit, and international linkages - highlighting the differences in firm characteristics, behaviors, and strategies. By showcasing this remarkable heterogeneity, this collection challenges regional policymakers to look beyond one-size-fits-all solutions and create balanced policy mixes tailored to distinct firm needs. This book is open access under a CC BY-NC-ND 3.0 IGO license.

Global Value Chains

United Nations,United Nations Conference on Trade and Development
Global Value Chains Book PDF

Author : United Nations,United Nations Conference on Trade and Development
Publisher : Unknown
Page : 0 pages
File Size : 46,9 Mb
Release : 2013
Category : Business & Economics
ISBN : 9211128684

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Global Value Chains by United Nations,United Nations Conference on Trade and Development Pdf

The World Investment Report 2013 (WIR13) presents the latest data and analysis of trends in foreign direct investment (FDI) and related policies. The Report analyzes the sharp decline in global FDI flows in 2012, which was particularly marked among developed countries. As a consequence, developing economies received more FDI than developed countries for the first time ever. Moreover, developing countries were the source of almost one third of global FDI flows. Over the period 20132014, FDI flows are projected to rise moderately. However, a number of potentially destabilizing factors may add to the uncertain outlook for the global economy and thus constrain the pace of FDI recovery.