Global Production Networks and Regional Integration

Authors

Sven W. Arndt, Claremont McKenna CollegeFollow

Document Type

Book Chapter

Department

Economics (CMC)

Publication Date

2004

Abstract

The rest of the chapter is organized as follows. Section 2 lays out the basic argument in a standard general equilibrium framework, while Section 3 examines key welfare effects of joint production in a partial equilibrium framework. Section 4 studies the effect of production sharing on the exchange-rate sensitivity of trade and discusses alternative measurements of the balance of trade. Section 5 deals with the real-exchange-rate effects of an investment cycle associated with the implementation of joint production. Section 6 considers exchange-rate regime choice. Section 7 concludes.

Comments

At the request of the publisher, the chapter is for private use only.

Rights Information

© 2004 Edward Elgar Publishing Ltd.

Recommended Citation

Arndt, Sven. “Global Production Networks and Regional Integration,” in M. Plummer (ed.), Empirical Methods in International Trade (Northampton, MA: Edward Elgar, 2004a): 129-142. http://www.e-elgar.com/