| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP12063 |
| DP12063 On the Geography of Global Value Chains | |
| Pol Antras | |
| 发表日期 | 2017-05-28 |
| 出版年 | 2017 |
| 语种 | 英语 |
| 摘要 | This paper develops a multi-stage general-equilibrium model of global value chains (GVCs) and studies the specialization of countries within GVCs in a world with barriers to international trade. With costly trade, the optimal location of production of a given stage in a GVC is not only a function of the marginal cost at which that stage can be produced in a given country, but is also shaped by the proximity of that location to the precedent and the subsequent desired locations of production. We show that, other things equal, it is optimal to locate relatively downstream stages of production in relatively central locations. We also develop and estimate a tractable, quantifiable version of our model that illustrates how changes in trade costs affect the extent to which various countries participate in domestic, regional or global value chains, and traces the real income consequences of these changes. |
| 主题 | International Macroeconomics and Finance ; International Trade and Regional Economics ; Macroeconomics and Growth |
| 关键词 | Global value chains Sequential production Trade costs Specialization Gains from trade |
| URL | https://cepr.org/publications/dp12063 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/540874 |
| 推荐引用方式 GB/T 7714 | Pol Antras. DP12063 On the Geography of Global Value Chains. 2017. |
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