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Trade in parts and components across Europe
[Arbeitspapier]
Körperschaftlicher Herausgeber
Institut für Ost- und Südosteuropaforschung (IOS)
Abstract 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 ... mehr
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 especially important role in the ex ante investment decision to establish a new production network.... weniger
Thesaurusschlagwörter
Handel; Investitionsgut; Lohnunterschied; Investition; Entscheidung; EU
Klassifikation
Volkswirtschaftstheorie
Sprache Dokument
Englisch
Publikationsjahr
2016
Erscheinungsort
Regensburg
Seitenangabe
3 S.
Schriftenreihe
IOS Policy Issues, 10
ISSN
2199-9473
Status
Veröffentlichungsversion; begutachtet