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.
- Language
-
Englisch
- Bibliographic citation
-
Series: CESifo Working Paper ; No. 9406
- Classification
-
Wirtschaft
Trade: General
- Subject
-
vertical specialization
trade
growth
inequality
- Event
-
Geistige Schöpfung
- (who)
-
Marjit, Sugata
Oladi, Reza
- Event
-
Veröffentlichung
- (who)
-
Center for Economic Studies and ifo Institute (CESifo)
- (where)
-
Munich
- (when)
-
2021
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
This object is provided by:
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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Marjit, Sugata
- Oladi, Reza
- Center for Economic Studies and ifo Institute (CESifo)
Time of origin
- 2021
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