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Claremont Colleges Working Papers in Economics, Department of Economics, Claremont McKenna College >
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http://hdl.handle.net/10419/31428
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| Title: | | Production sharing and Singapore's global competitiveness  |
| Authors: | | Arndt, Sven W. |
| Editors: | | Claremont Institute for Economic Policy Studies |
| Issue Date: | | 2003 |
| Series/Report no.: | | Working paper series // Claremont Institute for Economic Policy Studies 2002-36 |
| Abstract: | | This chapter investigates the contribution of cross-border production networks to the international competitiveness of a nation's producers. Cross-border sourcing of components has effects on productivity and efficiency that are very similar to those of technical progress. When a country's comparative advantage varies across the components of a product, the ability of that product to compete in world markets is improved when components are sourced from lowest-cost suppliers. Parts, components, and accessories play an important role in Singapore's trade with both less and more advanced countries. This opens opportunities as well as risks. |
| Document Type: | | Working Paper |
| Appears in Collections: | | Claremont Colleges Working Papers in Economics, Department of Economics, Claremont McKenna College
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