Outsourcing and Trade Imbalances: The United States-China Case

Kierzkowski, Henryk; Chen, Lurong

doi:10.1111/j.1468-0106.2009.00490.x

Cited by 17 publications

(9 citation statements)

References 11 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…There is a general consensus that existing trade data are not detailed enough and are not collected on the right level of analysis to analyse the international fragmentation and GVCs. Trade statistics have been designed to capture trade flows in final products while nowadays most trade is of intermediate products, hence the increasing need for measuring trade in terms of value added (Kierzkowski and Chen, 2010). Likewise, comparative advantage is typically expressed in terms of (sub-)industries according to earlier trade models, but GVCs have shifted the analysis of countries' competitiveness to activities and tasks.…”

Section: Ti/doc(2012)3mentioning

confidence: 99%

International Comparative Evidence on Global Value Chains

Backer

Yamano

2011

SSRN Journal

View full text Add to dashboard Cite

Organisation de Coopération et de Développement Économiques Organisation for Economic Co-operation and Development 23-Apr-2012 ___________________________________________________________________________________________ English -Or. English DIRECTORATE FOR SCIENCE, TECHNOLOGY AND INDUSTRY INTERNATIONAL COMPARATIVE EVIDENCE ON GLOBAL VALUE CHAINS OECD Science, Technology and Industry Working Paper 2012/3 By Koen de Backer and Norihiko Yamano (OECD) JT03320369 Complete document available on OLIS in its original format This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. DSTI/DOC(2012)3 Unclassified English -Or. English DSTI/DOC(2012)3 2 STI Working Paper SeriesThe Working Paper series of the OECD Directorate for Science, Technology and Industry is designed to make available to a wider readership selected studies prepared by staff in the Directorate or by outside consultants working on OECD projects. The papers included in the series cover a broad range of issues, of both a technical and policy-analytical nature, in the areas of work of the DSTI. The Working Papers are generally available only in their original language -English or French -with a summary in the other.Comments on the papers are invited, and should be sent to the

show abstract

Section: Ti/doc(2012)3mentioning

confidence: 99%

International Comparative Evidence on Global Value Chains

Backer

Yamano

2011

SSRN Journal

View full text Add to dashboard Cite

show abstract

“…The first one was in the second half of the 19 th century and was related with an unbundling of production and consumption countries while the latter depicts the division emerged due to the trends to specialize in high-skill-intensive activities in developed economies and emerging economies with concentration to the capital-intensive production (Timmer et al, 2013). The cross-border fragmentation process explains the emergence of 'supertraders' with abnormally high exports but with modes share of domestic added value (Kierzkowski, Chen, 2010). The analysis of differences of domestic value-added and gross exports can be used to identify the role to the trade barriers, the causes of trade imbalances (Johnson, 2014).…”

Section: The Evolution Of Concepts Concerning Global and Regional Valmentioning

confidence: 99%

Strategic technology management within global value systems

Kvedarienė

2019

Open Economics

View full text Add to dashboard Cite

Contemporary the concept of global value system extensively elaborated by scientist and applied by practices in the fields of management, economics and politics. The aim of this article is to provide the theoretical background and evolution of the global value system methodological approach from the global strategy management perspective. The technologies are considered as the main source of added value. Therefore the main scholars of technologies strategic management are provided in the article, though in the global value system concept it is implied that the source of added value originates from the allocation of added value activities across borders. Recently scholars analyse various sources for the added value upgrading, though critics of global value chain concept emphasise that besides economic added value, social issues should be considered.

show abstract

“…North‐to‐South manufacturing outsourcing has attracted the attention of many researchers, including Hummels et al . (), Yeats (), Borga and Zeile (), Hayakawa () and Kierzkowski and Chen (). Among others, Feenstra and Hanson (, ,b) have consistently emphasized its importance for understanding the trade–wage linkage.…”

Section: The Nature Of Outsourcing and How It Resolves The ‘Small Tramentioning

confidence: 99%

How ‘Little’ Outsourcing Creates A Large Skill Premium: A Model of North‐to‐South Manufacturing Outsourcing

Tang

2012

Pacific Economic Review

View full text Add to dashboard Cite

This paper develops a general equilibrium model that shows that a small volume of North–South trade (i.e. 2% of Northern GDP) could have caused the observed rise in the skill premium, thus resolving the ‘small trade volume paradox’ in the skill premium debate. We apply the concept of ‘trade in tasks’ of Grossman and Rossi‐Hansberg to analyze the nature of North‐to‐South manufacturing outsourcing. As a conceptual innovation, we carefully distinguish two different implicit assumptions of the Heckscher–Ohlin model: ‘factor immobility’ versus ‘task inseparability’. We show that outsourcing, as a form of trade in tasks, essentially attains ‘task separability’ while apparently retaining factor immobility, thus rendering the traditional Heckscher–Ohlin framework obsolete for analyzing current North–South trade. We argue that this change in the nature of trade calls for new thinking in economics and public policy‐making.

show abstract

Outsourcing and Trade Imbalances: The United States-China Case

Abstract: Trade imbalances between the United States and China have become a major concern of international macroeconomics. This paper shows that the existence of outsourcing hides the true scale of the problem. Copyright 2010 The Authors. Journal compilation 2010 Blackwell Publishing Asia Pty Ltd

Cited by 17 publications

References 11 publications

International Comparative Evidence on Global Value Chains

International Comparative Evidence on Global Value Chains

Strategic technology management within global value systems

How ‘Little’ Outsourcing Creates A Large Skill Premium: A Model of North‐to‐South Manufacturing Outsourcing

Contact Info

Product

Resources

About