2009 | OriginalPaper | Chapter
Vertical Specialisation in Europe: Evidence from the Import Content of Exports
Authors : Emanuele Breda, Rita Cappariello, Roberta Zizza
Published in: Firms’ Objectives and Internal Organisation in a Global Economy
Publisher: Palgrave Macmillan UK
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One of the consequences of global market integration is the international fragmentation of production, i.e. the localisation abroad of phases of production which previously took place in the home country.1 This process reflects the firms’ organisational choices aimed at reducing costs and increasing productivity on international markets (Antràs and Helpman, 2003; Helpman, 2006).