infonet-economy

This paper analyses the impact of GVC linkages on product upgrading using the Indian firm-level dataset Prowess, and methodologies of System-GMM and Propensity score matching. Defining product upgrading as a movement towards more sophisticated products, we use Haussmann's product sophistication index to calculate a sales-weighted average sophistication level of Indian manufacturing…

China's unique economic system poses increasing challenges to the world trading system and attracts growing academic and policy debates. WTO members have frequently resorted to antidumping measures in dealing with price distortions caused by Chinese government influence in the economy. The Appellate Body's decision in the recent EU – Biodiesel dispute starts to remove the flexibility…

This article investigates the impact of trade agreements on bilateral trade flows of manufactured goods. Compared to other studies, it enriches the analysis by decomposing gross trade flows into their value added components, and by considering the direction of trade flows and the content of trade agreements. The analysis reveals a clear pattern in the effects of economic integration…

Participation in global value chains (GVCs) is a key element in the industrialization strategies of many developing nations. Many studies look at the determinants of GVC participation but most focus on do- mestic regulatory environments, the cost of doing business, and trade policy. This paper investigates the possibility that services also mat- ter by empirically testing for a link…

This paper presents a dynamic North-South general-equilibrium model where per capita incomes shape demand patterns across regions. Innovation takes place in a rich North while firms in a poor South imitate products manufactured in North. Allowing a role for per capita incomes in determining demand delivers a complete international product cycle as described by Vernon (1966), where…

In the last 20 years, the share of top incomes in Switzerland has risen, while
exhibiting large variations. Switzerland is similar to European countries for the top
1% but closer to the U.S. for higher top income groups. With the synthetic control
method we close a time gap in the tax data, exploiting the fact that Swiss cantons
changed their tax system at…