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首页> 外文期刊>The North American journal of economics and finance >Vertical specialization and three facts about U.S. international trade
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Vertical specialization and three facts about U.S. international trade

机译：纵向专业化与美国国际贸易的三个事实

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摘要

We generate stylized facts about three aspects of U.S. international trade over the past 35 years: intermediate goods trade; manufactured goods exports relative to services exports; and multinational affiliate sales relative to exports. Further, we show how the concept of vertical specialization, as defined by Hummels, Ishii, and Yi [Hummels, D., Ishii, I, & Yi, K.-M. (2001). The nature and growth of vertical specialization in world trade. Journal of International Economics, 54, 75-96] can provide insight into each fact. Our main findings are: (1) trade in intermediate goods (as a share of total trade) has not increased, but trade in vertical specialized goods has; (2) the vertically specialized nature of production coupled with likely differences in accounting can account for about two-thirds of the increase in manufacturing exports, as well as the lack of growth in services exports (as a share of total exports); (3) vertical specialization has contributed to the fact that exports and multinational affiliate sales have grown at similar rates in the past 15 years.
机译：在过去的35年中，我们得出了有关美国国际贸易三个方面的风格化事实：中间产品贸易；制成品出口相对于服务出口；以及与出口相关的跨国联属销售。此外，我们展示了垂直专业化的概念是如何由Hummels，Ishii和Yi [Hummels，D.，Ishii，I，＆Yi，K.-M.定义的。 （2001）。纵向专业化在世界贸易中的性质和增长。 Journal of International Economics，54，75-96]可以提供对每个事实的洞察力。我们的主要发现是：（1）中间商品贸易（占总贸易的份额）没有增加，但垂直专业商品的贸易却增加了； （2）生产的垂直专业化性质加上可能的会计差异可占制造业出口增长的三分之二左右，以及服务出口缺乏增长（占总出口的份额）； （3）垂直专业化促成了这样的事实，即过去15年中出口和跨国分支机构的销售以相似的速度增长。

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