Resolving the trade comovement puzzle at the margin of global value chains
Purpose – This paper investigates the crucial role that the trade of intermediate goods plays in elucidating trade-output synchronization. We specifically highlight the significance of incorporating intermediate trade, particularly concerning the dominance of forward linkages in the global value cha...
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| Format: | Article |
| Language: | English |
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Emerald Publishing
2025-04-01
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| Series: | International Trade, Politics and Development |
| Subjects: | |
| Online Access: | https://www.emerald.com/insight/content/doi/10.1108/ITPD-05-2024-0029/full/pdf |
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