Income Inequality And Global Value Chains
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The core analytical concepts that further this analysis are various categories of rent and the barriers to entry that protect rents.
Income inequality and global value chains. The rise in global value chain gvc participation has coincided with significant changes in the distribution of wage income both within and across countries. Trade global value chains and wage income inequality. Global values chains gcvs led by transnational corporations tncs have reshaped the world division of labor over the past two decades. Trade global value chains and wage income inequality oecd trade policy papers 182 oecd publishing.
This hierarchical division of labor generates wild competition at the lower value. This is followed by a description of four major distributional trends in the global interpersonal distribution of. This shift enabled an unprecedented economic convergence. Global value chains gvcs powered the surge of international trade after 1990 and now account for almost half of all trade.
This chapter explores the manner in which the global value chain framework can contribute to an understanding of the distribution of income. Gvcs are pervasive in low technology manufacturing such as textile and apparel as well as in more advanced industries like automobiles electronics and machines. This paper sets out to identify the linkages between these phenomena. Inequality and income distribution in global value chains.
Inequality and income distribution in global value chains carlos aguiar de medeiros1 nicholas trebat2 abstract. Javier lopez gonzalez przemyslaw kowalski pascal achard 2015. Gvcs are pervasive in low technology. Global value chains gvcs led by transnational corporations tncs have reshaped the world division of labor over the past two decades.
Poor countries grew rapidly and began to catch up with richer countries. Request pdf inequality and income distribution in global value chains global value chains gvcs led by transnational corporations tncs have reshaped the world division of labor over the.
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