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Trade in parts and components across Europe
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SYSNO ASEP 0459405 Document Type E - Electronic Document R&D Document Type R&D Presentation (audio-visual, electronic documents. Documents released only in a form readable by a computer (eg . documents released on CD only), available only via the Internet, WEB presentation. Title Trade in parts and components across Europe Author(s) Frensch, R. (DE)
Hanousek, Jan (NHU-N) RID
Kočenda, E. (CZ)Issue data London: VoxEU.org: CEPR’s policy portal, 2016 Language eng - English Country GB - United Kingdom Keywords Europe ; global value chains ; margins of trade Subject RIV AH - Economics OECD category Applied Economics, Econometrics Institutional support NHU-N - RVO:67985998 Annotation With the rise of global value chains, trade in intermediates now accounts for more than two-thirds of total trade. This column provides evidence that trade in parts and components of capital goods between new and old EU countries is driven by wage differences across countries. It further shows that wage differences play an important role in the ex ante investment decision to establish a new production network. Workplace Economics Institute Contact Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Year of Publishing 2019 Electronic address http://voxeu.org/article/trade-parts-and-components-across-europe
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