Specialisation within global value chains

Transport infrastructure matter upstream

Bibliographic Data

ID21543777
AuthorsRainer Lanz (WTO Geneva Switzerland), Roberta Piermartini (0000-0003-1440-0294, WTO Geneva Switzerland, corresponding author)
Year2021
Volume44
Issue8
Pages2410-2432
Publication date2021-08-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenueWorld Economy (JOURNAL)
Journal identifiersISSN: 0378-5920 • E-ISSN: 1467-9701
PublisherWiley (PUBLISHER • GB)
DOI10.1111/twec.13106
OpenAlexW3128246551
LanguageEN
References cited23

This paper studies the factors of comparative advantage within global value chains relying on a framework where comparative advantage is measured through the interaction of country and industry characteristics. We find that good institutions give a comparative advantage in the later stages of the production process, whereas good transport infrastructure gives an advantage in the early stages of production. We explain these results by pointing at whether trade costs are additive or multiplicative

Comparative advantage · Economics · Industrial organization · International trade · Microeconomics · Multiplicative function · Operations management · Computer Science · Defense, Military, and Policy Studies · Global Trade and Competitiveness · Global trade and economics · Mathematics

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