Global Value Chains: Impacts and Implications - Center on ...
Global Value Chains: Impacts and Implications - Center on ...
Global Value Chains: Impacts and Implications - Center on ...
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Classical<br />
Resource exports<br />
New Trade Theory<br />
Heterogeneous Firms<br />
<str<strong>on</strong>g>Global</str<strong>on</strong>g> <str<strong>on</strong>g>Value</str<strong>on</strong>g> <str<strong>on</strong>g>Chains</str<strong>on</strong>g><br />
How GVCs explain trade<br />
Labour intensive exports from countries with cheap labour<br />
Industrial clustering<br />
Multinati<strong>on</strong>als<br />
Performance differences between firms<br />
Trade in intermediate inputs <str<strong>on</strong>g>and</str<strong>on</strong>g> services<br />
Move from horiz<strong>on</strong>tal to vertical FDI<br />
10