GVC journeys: Industrialisation and deindustrialisation in the age of the second unbundling

被引:18
作者
Baldwin, Richard [1 ]
Okubo, Toshihiro [2 ]
机构
[1] Grad Inst, Geneva, Switzerland
[2] Keio Univ, Fac Econ, Tokyo, Japan
基金
日本学术振兴会;
关键词
Globalisation; Knowledge-led globalisation; Parts and components trade; Fragmentation; FOREIGN DIRECT-INVESTMENT; KNOWLEDGE-CAPITAL MODEL; VERTICAL SPECIALIZATION; INTEGRATION STRATEGIES; INTRAINDUSTRY TRADE; TECHNOLOGY-TRANSFER; FDI; SPILLOVERS; NETWORKS; GROWTH;
D O I
10.1016/j.jjie.2019.02.003
中图分类号
F [经济];
学科分类号
02 ;
摘要
Offshoring and participation in global value chains (GVCs) are critical to understanding the rapid deindustrialisation of G7 nations and the rapid industrialisation of a handful of developing nations. This paper distinguishes between trade in final goods and trade in parts to track the shifting pattern of the location of manufacturing. We introduce a simple empirical measure of comparative advantage in parts on one hand and in final goods on the other. We illustrate how this distinction can help organise thinking on the patterns of industrialisation and deindustrialisation-namely the 'GVC journeys' of advanced and emerging economies. We also provide one simple model. The model highlights the interactions of trade costs and the knowledge transfers to accompany offshoring of parts production and assembly, which we call trade-led versus knowledge-led globalisation.
引用
收藏
页码:53 / 67
页数:15
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