DP7523 Integration of the North American economy and new-paradigm globalisation
|Publication Date:||October 2009|
|Keyword(s):||Globalisation, industrial policy, supply chains, Trade in tasks, unbundling|
|JEL(s):||F14, F21, L5|
|Programme Areas:||International Trade and Regional Economics|
|Link to this Page:||cepr.org/active/publications/discussion_papers/dp.php?dpno=7523|
This paper presents the trade-in-tasks conceptual framework and extends it to consider a setting where offshoring occurs between high wage nations and where agglomeration forces are important. It also considers the policy implications ranging from rules of origin and trade facilitation to external trade policy and R&D subsidies. The focus is on policy initiatives that could support the development of North American production platforms.