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- W3198071664 abstract "The phenomenon ‘vertical specialization’ (VS) or ‘intra-industry trade’ (Balassa(1967) andFindlay (1978)) has been studied quite extensively by trade economists.It has also been labeled as ‘long-distance purchasing of services abroad’ (Bhagwati1984)), ‘production delocalization’ (Leamer 1996), ‘disintegration of productionin the global economy’ (Feenstra 1998), ‘outsourcing referred to a specificsegment of the growing international trade in services’ (Bhagwati and Dehejia1994), ‘fragmentation in production’ (Arndt and Kierzkowski 2001), ‘outsourcingin global economy’ (Grossman and Helpman 2002, 2004), ‘factor content oftrade; intra-product specialization’ (Davis 1995; Davis and Weinstein 2000,2001a, b). Many theoretical models of this persuasion focus on the impacts ofincreased vertical specialization on factor processes, production and trade patternsand welfare. Further, recently there has also been empirical documentation ofmeasurements for the increase of vertical specialization. For example, Hummelset al. (2001) calculated the level of vertical specialization of ten OECD nationsand their growth between 1970 and 1990. They also found out that growth invertical specialization accounts for 30 per cent of the growth in these countries’exports." @default.
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- W3198071664 date "2009-12-16" @default.
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- W3198071664 title "Vertical specialization and intra-industry trade in China (1992–2003)" @default.
- W3198071664 doi "https://doi.org/10.4324/9780203863282-11" @default.
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