Bücher, Buchbeiträge, Journals und Papers

SucheErweiterte Suche

Bücher, Buchbeiträge, Journals und Papers (3178 Treffer)

This paper examines broad patterns of structural change for a large number of countries on a global scale and for a smaller set of advanced industrialised countries over time. The findings show that structural change over the past decades followed the three-sector hypothesis. The past decades were characterised by the rise of the service sector, driven especially by business services and non-market service. At the same time as manufacturing sectors are declining in terms of shares, they remain the sectors with the highest contributions to aggregate productivity growth. An analysis of determinants of structural change confirms that country competencies related to institutional quality, knowledge generation and industrial application of the new knowledge are an important driving force of structural changes towards services, but that they have a heterogeneous impact on manufacturing subsectors. High technology manufacturing share seems not to be characterised by a tendency to decline with the development of country competencies. Broad policy implications are discussed.
This paper examines the association between participation in global value chains and financial globalisation measured by international net and capital flows. The results show that financial globalisation and the rise of global value chains are related but not two sides of the same coin. In fact, we find that GVC participation is positively associated with equity capital flows but negatively associated with debt capital flows. We also study the association of GVC participation and capital flows with aggregate economic outcomes. The findings show that both GVC participation and equity flows affect the share of mortgage and business credit. But we uncover also important differences in the impact of capital flows between advanced and emerging countries. Regarding changes in the economic structure our results suggest a positive association of both GVC participation and equity inflows on the manufacturing share, while debt inflows are primarily associated with a growth of the service sector in advanced economies, but not in emerging and developing countries. The finding that there is no strong association between the globalisation indicators and innovation suggests that the fragmentation of value chains leads to functional specialisation in tasks and tends to weaken the link between innovation and production at country level. We find in addition that a higher GVC participation is weakly associated with a higher growth of government revenue, as are debt flows but only in advances countries. This finding suggests also that debt flows were redirected primarily into safe countries in advanced countries.
This paper examines structural change in global trade and its impact in the development of manufacturing shares across countries over time. It focuses on the dynamics of variety creation and destruction in exports and links the observed outcomes to the development of manufacturing shares across countries. The results show that while there is an inverse-U-shaped relationship with income per capita levels across countries of manufacturing shares, a specialisation in product lines with a high likelihood of displacing other exports and a high propensity to induce a clustering in the uptake of exports in related product lines is positively associated with manufacturing shares. Controlling for income levels more complex export portfolios are weakly associated with smaller manufacturing shares. These effects are mitigated when these parameters combine at the extreme ends of their values range.
Socially Responsible Public Procurement of IT (Socially Responsible Public Procurement of IT)
Vortrag, Virtuell, 24.06.2021–25.06.2021
Comment on Strohmaier-Stoffel
Panel Discussion