Our model yields a sharp characterization for the optimal allocation of ownership rights along the value chain. We show that the incentive to integrate suppliers varies systematically with the ...
Competitiveness is measured by the value added that industries contribute to the production of final goods, which we refer to as global value chain (GVC) income, rather than by gross exports. We find ...
This paper explores how changes in both position and participation in Global Value Chain networks affect firm innovation. The analysis combines matched patent-firm data for Japan with measures of GVC ...
We develop a new set of country-sector level indicators of Global Value Chains (GVCs) characteristics in terms of average production ... patterns and their evolution for 56 sectors and 44 countries ...