Distributive Profiles Associated with Domestic Versus International Specialization in Global Value Chains
Ariel Wirkierman ()
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Ariel Wirkierman: Goldsmiths, University of London
No inetwp200, Working Papers Series from Institute for New Economic Thinking
Abstract:
The present paper sets out trends in the functional income distribution implied by countries' integration in Global Value Chains (GVCs), taking account also of interregional interactions (South-South and North-South). Through the application of an innovative input-output methodology, it quantifies inter-country differences in functional income distribution by means of a novel indicator to estimate the distributive profile associated with domestic vis-a-vis international specialization. The focus is on trade flows, and the analysis carried out allows us to single out the distributive implications of alternative regional integration projects, in view of a more inclusive multilateral trade system.
Keywords: Global Value Chains; Input-Output analysis; Functional income distribution. (search for similar items in EconPapers)
JEL-codes: D57 E16 E23 F60 (search for similar items in EconPapers)
Pages: 57 pages
Date: 2023-01-24
New Economics Papers: this item is included in nep-hme and nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:thk:wpaper:inetwp200
DOI: 10.36687/inetwp200
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