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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Hlavní autor:	Bongseok Choi
Médium:	Artigo
Jazyk:	Inglês
Vydáno:	Emerald Publishing 2025-04-01
Edice:	International Trade, Politics and Development
Témata:	Trade comovement puzzle International real business cycle Global value chain Intermediate trade
On-line přístup:	https://www.emerald.com/insight/content/doi/10.1108/ITPD-05-2024-0029/full/pdf
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