Huber, Stephan and Binh Nguyen Thanh, (2017) Vertical specialization in the EU and the causality of trade. APPLIED ECONOMICS LETTERS, 24 (5). pp. 329-333. ISSN 1350-4851, 1466-4291
Full text not available from this repository. (Request a copy)Abstract
We use a novel classification scheme to identify three stages of production in the manufacturing sector: parts, components and final goods. In particular, we offer evidence on the revealed comparative advantage of the EU-27 countries concerning the three vertically separated stages of production. Moreover, we investigate whether, and if so how, imports of parts, and components can work as a predictor for the exports of final goods. We find that countries specialize at different stages of production, and that components are Granger causal for the export of final goods in many countries with a lag of 3months.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | ; Causality; vertical production process; trade in parts and components; revealed comparative advantage; F10; O52 |
| Subjects: | 300 Social sciences > 330 Economics |
| Divisions: | Business, Economics and Information Systems > Institut für Volkswirtschaftslehre und Ökonometrie > Lehrstuhl für Empirische Makroökonomie und Regionalökonomie (Prof. Dr. Joachim Möller) Business, Economics and Information Systems > Institut für Immobilienenwirtschaft / IRE|BS > Lehrstuhl für Empirische Makroökonomie und Regionalökonomie (Prof. Dr. Joachim Möller) |
| Depositing User: | Dr. Gernot Deinzer |
| Date Deposited: | 14 Dec 2018 12:58 |
| Last Modified: | 20 Feb 2019 13:56 |
| URI: | https://pred.uni-regensburg.de/id/eprint/155 |
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