Will falling domestic labor compensation share really be improved when global trade slowdown?
Abstract The participation of Global Value Chains (GVCs) in the world’s major economies has changed from rising to falling since 2010. Based on GVCs income, SDA method and multiple panel regression, this paper explores the cross-cycle effect, mechanism and persistence paths of GVCs participation on...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Springer Nature
2023-09-01
|
| Series: | Humanities & Social Sciences Communications |
| Online Access: | https://doi.org/10.1057/s41599-023-02083-1 |