Manova, KB;
(2015)
Global Value Chains and Multinational Activity with Financial Frictions.
In: Amador, J and di Mauro, F, (eds.)
The Age of Global Value Chains: Maps and Policy Issues.
(pp. 187-200).
VoxEU.org
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Abstract
The increasing fragmentation of production across firm and country boundaries has transformed international trade over the last few decades. At the same time, cumulating evidence indicates that financial frictions severely impede export and multinational activity. This chapter discusses the effect of financial frictions on firms’ position in the global value chain and on the pattern of multinational activity, drawing on recent findings in the literature.
| Type: | Book chapter |
|---|---|
| Title: | Global Value Chains and Multinational Activity with Financial Frictions |
| ISBN: | 1907142916 |
| ISBN-13: | 9781907142918 |
| Publisher version: | https://voxeu.org/content/age-global-value-chains-... |
| Language: | English |
| Additional information: | This is the published version of record. For information on re-use, please refer to the publisher’s terms and conditions. |
| UCL classification: | UCL UCL > Provost and Vice Provost Offices UCL > Provost and Vice Provost Offices > UCL SLASH UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS UCL > Provost and Vice Provost Offices > UCL SLASH > Faculty of S&HS > Dept of Economics |
| URI: | https://discovery.ucl.ac.uk/id/eprint/10043010 |
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