Trade And Domestic Production Networks
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Trade And Domestic Production Networks
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Author : Felix Tintelnot
language : en
Publisher:
Release Date : 2018
Trade And Domestic Production Networks written by Felix Tintelnot and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018 with categories.
We use Belgian data with information on domestic firm-to-firm sales and foreign trade transactions to study how international trade affects firms' unit cost and the consumer's real wage. We show theoretically that the gains from trade depend on domestic firm-to-firm linkages. Furthermore, we develop a tractable model of endogenous network formation, allowing firm-to-firm connections to form or break in response to import price changes. Quantitatively, we find that for small import price changes, alternative models that assume a roundabout production structure, despite falsely implying that all firms are connected within one link, yield similar predictions for the change in the real wage to the model that fits the actual linkages between firms. For large changes in the price of foreign goods, both the existing network structure and the endogeneity of the connections between firms are found to be quantitatively important.
Trade And Domestic Production Networks
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Author : Emmanuel Dhyne
language : en
Publisher:
Release Date : 2020
Trade And Domestic Production Networks written by Emmanuel Dhyne and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
We examine how many and what kind of firms ultimately rely on foreign inputs, sell to foreign markets, and are affected by trade shocks. To capture that firms can trade indirectly by buying from or selling to domestic firms that import or export, we use Belgian data with information on both domestic firm-to-firm sales and foreign trade transactions. We find that most firms use a lot of foreign inputs, but only a small number of firms show that dependence through direct imports. While direct exporters are rare, a majority of firms are indirectly exporting. In most firms, however, indirect export is quantitatively modest, and sales at home are the key source of revenue. We show that what matters for the transmission of foreign demand shocks to a firm's revenue is how much the firm ultimately sells to foreign markets, not whether these sales are from direct or indirect export.
International Trade And Domestic Production Networks
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Author : Daisuke Fujii
language : en
Publisher:
Release Date : 2017
International Trade And Domestic Production Networks written by Daisuke Fujii and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with categories.
Input Trade And Production Networks In East Asia
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Author : Daisuke Hiratsuka
language : en
Publisher: Edward Elgar Publishing
Release Date : 2010-01-01
Input Trade And Production Networks In East Asia written by Daisuke Hiratsuka and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2010-01-01 with Business & Economics categories.
Spatial fragmentation of production is linked with two great waves of unbundling. The first one was a century and a half ago when the spatial location of production of goods was separated from their consumption. We live in the age of a second unbundling where certain operations within the same factory can be fragmented and performed elsewhere. There is trade in certain tasks and components which was made possible by cheaper and better communication and transport. This book considers production networks in East Asia, which is and will continue to be the most dynamic economic region in the decades to come. Miroslav N. Jovanovi , University of Geneva, Switzerland Intermediate input trade is regarded as an important contributory factor in explaining the increase in world trade in recent years. This timely book presents, for the first time, meticulous empirical analyses of the growth of input trade, and includes detailed studies that capture the main features and characteristics of production networks in East Asia. Intermediate input trade has grown markedly in East Asia, and at a much faster rate than in the rest of the world. Since the early 1990s, when technological developments made it possible to separate the production process into many stages, East Asia as a region has developed sophisticated production networks in the manufacture of various products. Different countries have installed production stages according to their levels of technology or factor endowments, and consequently sequential production stages are now located across various countries. In order to produce final goods, East Asian nations have therefore relied on the trade of inputs back and forth. Containing unique and important data, this book will appeal to academics, researchers and policymakers interested in trade, economic integration and Asian studies.
Production Networks And Enterprises In East Asia
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Author : Ganeshan Wignaraja
language : en
Publisher: Springer
Release Date : 2015-12-10
Production Networks And Enterprises In East Asia written by Ganeshan Wignaraja and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-12-10 with Business & Economics categories.
The book provides a comprehensive examination of patterns and determinants of production networks in East Asia, a key driver in the region’s global success. It provides the reader with an accessible understanding of the theoretical literature on production networks and recent developments in empirical analysis at the industry and firm-levels. The topics covered in the book include: gross trade in parts and components and gravity models, trade in value added, industry case studies, and micro data econometric studies of firm heterogeneity in production networks. The micro data econometric studies explore key aspects of the heterogeneity of firms in East Asian production networks such as technological capability, the entry of small and medium enterprises into production networks, business use of free trade agreements, and access to credit. Blending new sources of data, empirical tools and econometric methods this book is highly recommended for readers who seek to understand the workings of the complex web of production networks in East Asia.
Production Networks In Southeast Asia
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Author : Lili Yan Ing
language : en
Publisher: Taylor & Francis
Release Date : 2017-02-03
Production Networks In Southeast Asia written by Lili Yan Ing and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-02-03 with Business & Economics categories.
This book answers the recently topical questions of how China’s processed trade affects the trade of Southeast Asia. What is Southeast Asia’s role in Factory Asia, the region’s complex of cross-border supply chains? What is Southeast Asia’s involvement in building or joining production networks in the region? And, most important, how can Southeast Asia increase the value added of its products and improve its competitiveness? This book provides rigorous analysis of how trade policy affects value added, highly disaggregated at the firm and product level, of the six Southeast Asian countries – Indonesia, Malaysia, the Philippines, Singapore and Viet Nam – and combines this with thorough examinations of their trade, industrial and labour policies.
Foreign Demand Shocks To Production Networks
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Author : Emmanuel Dhyne
language : en
Publisher:
Release Date : 2022
Foreign Demand Shocks To Production Networks written by Emmanuel Dhyne and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
We quantify and explain the firm responses and worker impacts of foreign demand shocks to domestic production networks. To capture that firms can be indirectly exposed to such shocks by buying from or selling to domestic firms that import or export, we use Belgian data with information on both domestic firm-to-firm sales and foreign trade transactions. Our estimates of firm responses suggest that Belgian firms pass on a large share of a foreign demand shock to their domestic suppliers, face upward-sloping labor supply curves, and have sizable fixed overhead costs in labor. Motivated and guided by these findings, we develop and estimate an equilibrium model that allows us to study how idiosyncratic and aggregate changes in foreign demand propagate through a small open economy and affect firms and workers. Our results suggest that the way the labor market is typically modeled in existing research on foreign demand shocks--with no fixed costs and perfectly elastic labor supply--would grossly understate the decline in real wages due to an increase in foreign tariffs.
Asia And Global Production Networks
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Author : Benno Ferrarini
language : en
Publisher: Edward Elgar Publishing
Release Date : 2014-10-31
Asia And Global Production Networks written by Benno Ferrarini and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-10-31 with Business & Economics categories.
This timely book deploys new tools and measures to understand how global production networks change the nature of global economic interdependence, and how that in turn changes our understanding of which policies are appropriate in this new environment.
Globalization Productivity And Production Networks In Asean
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Author : Fithra Faisal Hastiadi
language : en
Publisher: Springer Nature
Release Date : 2019-08-31
Globalization Productivity And Production Networks In Asean written by Fithra Faisal Hastiadi and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-08-31 with Business & Economics categories.
This book examines the challenges that ASEAN (Association of Southeast Asian Nations) members need to overcome in order to sustain and intensify economic growth. The ASEAN market is widely regarded as a new hub of growth, not least in light of increasing protectionism and declining economic growth of the three largest countries in Northeast Asia (China, Japan, and South Korea). Contributors address a range of issues with a concentrated focus on evidence from Indonesia, including globalisation, increasing populism, trade, FDI, the benefits of the production network, and related issues such as spill-over, crises, innovation and technology, and selected sectoral commodity and policy analysis of Indonesia. This book analyses and explains the relationship between trade and foreign direct investment, and technical changes, with regard to improving ‘productivity’ in the supply-side economic growth model using, in particular, Indonesia as the de facto leader of ASEAN. This book will be of interest to academics and students specialising in international economics and international development.
Revisiting Globalization And The Rise Of Global Production Networks
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Author : S. Javed Maswood
language : en
Publisher: Springer
Release Date : 2017-07-24
Revisiting Globalization And The Rise Of Global Production Networks written by S. Javed Maswood and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-07-24 with Political Science categories.
This book takes issue with the likening of contemporary globalization to nineteenth century trade interdependence, in which the defining feature of contemporary globalization is the spread of global production networks, which were notably absent in the past. Maswood demonstrates that the emergence of global production networks (GPNs) was not a result of economic and trade liberalization, but instead due to neo-protectionist developments in the 1980s that acted as a catalyst to transform Japan’s nationally based production networks into the now ubiquitous GPNs. Through this case study of Japan, the author lays out a case for reconsidering the origins of globalization, and explores some of the consequences that are likely to flow from progressive evolutionary transition towards a global economy.