G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13285
DP13285 The network origins of the gains from trade
Maarten Bosker; Bastian Westbrock
发表日期2019-01-04
出版年2019
语种英语
摘要In this paper, we develop a network perspective on the welfare gains from trade in today's internationally fragmented supply chains. Towards this end, we study a Ricardian trade model featuring trade in final and intermediate products, and introduce a novel comparative statics approach to decompose the total welfare effects of an arbitrary trade cost shock into several meaningful, easily quantifiable, components. This approach uncovers a unique feature of supply chain trade: the gains from trade are not so much determined by a country's own access to the technologies and markets of its direct trading partners, but rather by its supply chain exposure to countries further up- and downstream in the global supply chain. We develop a set of simple statistics to measure each country's supply chain exposure, show how it predicts the gains from trade, and identify each country's key trade intermediaries, i.e., other nations that primarily leverage its supply chain exposure.
主题International Trade and Regional Economics
关键词Global production network Supply chains Gains from trade Network diffusion Network exposure Trade intermediation
URLhttps://cepr.org/publications/dp13285-0
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/542241
推荐引用方式
GB/T 7714
Maarten Bosker,Bastian Westbrock. DP13285 The network origins of the gains from trade. 2019.
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