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Groningen Growth and Development Centre

Faculteit Economie en Bedrijfskunde
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Peak trade @ HK

Datum:02 juni 2017
Peak trade
Peak trade

Marcel Timmer presents on 'International Production Fragmentation and the Global Trade Slowdown' at a conference at the Hong Kong University of Science and Technology. Other presenters include Sam Kortum, Stephen Yeaple and Costas Arkolakis. This presentation is based on the paper An Anatomy of the Global Trade Slowdown based on the WIOD 2016 Release. This paper is based on the newly released WIOD data and analyses why global trade has not grown as rapidly since 2008 as in the earlier 2000–2008 period. This was in part due to a fall in final demand, in particular of traded products. However, since 2011, international production fragmentation halted, suggesting a more structural explanation

Tags: Conference, WIOD