GAUGING THE VERTICAL SPECIALIZATION IN EU TRADE
The purpose of this paper is threefold. First, we review the mechanisms and determinants of vertical specialization (VS), as this has gradually become the dominant characteristic of international trade. Second, we underline that there is a rich literature regarding VS in EU trade, at aggregate and...
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| Language: | English |
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Nicolae Titulescu University
2014-11-01
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| Series: | Global Economic Observer |
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| Online Access: | http://www.globeco.ro/wp-content/uploads/vol/split/vol_2_no_2/geo_2014_vol2_no2_art_016.pdf |
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| author | IULIA MONICA OEHLER-SINCAI |
| author_facet | IULIA MONICA OEHLER-SINCAI |
| author_sort | IULIA MONICA OEHLER-SINCAI |
| collection | DOAJ |
| description | The purpose of this paper is threefold. First, we review the mechanisms and determinants of vertical
specialization (VS), as this has gradually become the dominant characteristic of international trade. Second,
we underline that there is a rich literature regarding VS in EU trade, at aggregate and individual levels and
research is advancing together with the instruments used to measure trade in value added. Third, our
investigation brings to the forefront a classification of EU countries according to their GVC participation
index, taking into consideration both upstream and downstream links. As a conclusion, the VS analyses help us
better understand the interconnectedness among countries and industries by means of foreign direct
investment, trade, labour migration and technology transfer. |
| format | Article |
| id | doaj-art-82960d84a340430488fd41e95b0cf86e |
| institution | DOAJ |
| issn | 2343-9742 2343-9750 |
| language | English |
| publishDate | 2014-11-01 |
| publisher | Nicolae Titulescu University |
| record_format | Article |
| series | Global Economic Observer |
| spelling | doaj-art-82960d84a340430488fd41e95b0cf86e2025-08-20T03:03:15ZengNicolae Titulescu UniversityGlobal Economic Observer2343-97422343-97502014-11-0122130139GAUGING THE VERTICAL SPECIALIZATION IN EU TRADEIULIA MONICA OEHLER-SINCAI0Institute for World Economy, Romanian AcademyThe purpose of this paper is threefold. First, we review the mechanisms and determinants of vertical specialization (VS), as this has gradually become the dominant characteristic of international trade. Second, we underline that there is a rich literature regarding VS in EU trade, at aggregate and individual levels and research is advancing together with the instruments used to measure trade in value added. Third, our investigation brings to the forefront a classification of EU countries according to their GVC participation index, taking into consideration both upstream and downstream links. As a conclusion, the VS analyses help us better understand the interconnectedness among countries and industries by means of foreign direct investment, trade, labour migration and technology transfer.http://www.globeco.ro/wp-content/uploads/vol/split/vol_2_no_2/geo_2014_vol2_no2_art_016.pdfinternational tradevertical specialization (VS)foreign direct investment (FDI)global value chains (GVC)global production networkstrade in value-added (TiVA)participation indexupstream linksdownstream links |
| spellingShingle | IULIA MONICA OEHLER-SINCAI GAUGING THE VERTICAL SPECIALIZATION IN EU TRADE Global Economic Observer international trade vertical specialization (VS) foreign direct investment (FDI) global value chains (GVC) global production networks trade in value-added (TiVA) participation index upstream links downstream links |
| title | GAUGING THE VERTICAL SPECIALIZATION IN EU TRADE |
| title_full | GAUGING THE VERTICAL SPECIALIZATION IN EU TRADE |
| title_fullStr | GAUGING THE VERTICAL SPECIALIZATION IN EU TRADE |
| title_full_unstemmed | GAUGING THE VERTICAL SPECIALIZATION IN EU TRADE |
| title_short | GAUGING THE VERTICAL SPECIALIZATION IN EU TRADE |
| title_sort | gauging the vertical specialization in eu trade |
| topic | international trade vertical specialization (VS) foreign direct investment (FDI) global value chains (GVC) global production networks trade in value-added (TiVA) participation index upstream links downstream links |
| url | http://www.globeco.ro/wp-content/uploads/vol/split/vol_2_no_2/geo_2014_vol2_no2_art_016.pdf |
| work_keys_str_mv | AT iuliamonicaoehlersincai gaugingtheverticalspecializationineutrade |