Arbeitspapier
Vertical Specialization, International Task Fragmentation, and Convergence
In this paper, we construct an elaborate general equilibrium model with a continuum of production fragments for an intermediate good, then embed it in a growth model to address the effects of global production fragmentation, vertical specialization and trade on growth and inequality for a small developing country. Among other results, we show that a small developing economy grows faster than the rest of the world as a result of global fragmentation and trade in intermediates if it is skilled-labor scarce. We also address the effects of such trade opening on wage inequality.
- Sprache
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Englisch
- Erschienen in
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Series: CESifo Working Paper ; No. 9406
- Klassifikation
-
Wirtschaft
Trade: General
- Thema
-
vertical specialization
trade
growth
inequality
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Marjit, Sugata
Oladi, Reza
- Ereignis
-
Veröffentlichung
- (wer)
-
Center for Economic Studies and ifo Institute (CESifo)
- (wo)
-
Munich
- (wann)
-
2021
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Marjit, Sugata
- Oladi, Reza
- Center for Economic Studies and ifo Institute (CESifo)
Entstanden
- 2021