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Specialisation within global value chains: Transport infrastructure matter upstream
The World Economy ( IF 2.000 ) Pub Date : 2021-02-01 , DOI: 10.1111/twec.13106
Rainer Lanz 1 , Roberta Piermartini 1
Affiliation  

This paper studies the factors of comparative advantage within global value chains relying on a framework where comparative advantage is measured through the interaction of country and industry characteristics. We find that good institutions give a comparative advantage in the later stages of the production process, whereas good transport infrastructure gives an advantage in the early stages of production. We explain these results by pointing at whether trade costs are additive or multiplicative.

中文翻译:

全球价值链中的专业化:运输基础设施上游很重要

本文研究的比较优势的因素全球价值链依赖于地方的比较优势是通过国家和行业特点的互动测量的框架。我们发现良好的制度在生产过程的后期阶段具有比较优势,而良好的交通基础设施在生产的早期阶段具有优势。我们通过指出贸易成本是可加的还是可乘的来解释这些结果。
更新日期:2021-02-01
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