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
Englisch

Erschienen in
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

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Marjit, Sugata
  • Oladi, Reza
  • Center for Economic Studies and ifo Institute (CESifo)

Entstanden

  • 2021

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