LITERATURE REVIEW OF THE PAPER “THE NATURE AND GROWTH OF VERTICAL SPECIALIZATION IN WORLD TRADE”
Аннотация
This paper expands the set of systematic evidence that characterize verticality
in trade. We use the developed concept that we call vertical specialization, the key feature of
which is that imported inputs are used to produce a country’s export goods.
Библиографические ссылки
Schumpeter, History of Economic Analysis, (published posthumously, ed. Elisabeth Boody
Schumpeter), 1954. pp. 569, 1171. Schumpeter also criticized J. M. Keynes for committing the same
Ricardian vice.
Vertical Specialization and the Changing Nature of World Trade David Hummels, Dana
Rapoport, and Kei-Mu Yi FRBNY ECONOMIC POLICY REVIEW / JUNE 1998
Feenstra, Robert (1998), ‘Integration of trade and disintegration of production in the global
economy’,Journal of Economic Perspectives12(4), 31–50
Chen, Hogan, Matthew Kondratowicz & Kei-Mu Yi (2005), ‘Vertical specialization and three
facts about U.S. international trade’,North American Journal of Economics and Finance16(1), 35–59.
Walderhaug, Albert (1973), ‘The composition of value added in the 1963 input-output study’, Survey of
Current Business 53(4), 34–72.
Vertical Specialization and the Changing Nature of World Trade David Hummels, Dana
Rapoport, and Kei-Mu Yi FRBNY ECONOMIC POLICY REVIEW / JUNE 1998
www.wits.worldbank.org
https://www.wto.org/english/res_e/statis_e/merch_trade_stat_e.htm
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