Voronezh, Voronezh, Russian Federation
The article is devoted to the global trade that integrates trade in intangibles and trade in goods and services. Global trade in intangibles still lacks a comprehensive framework that integrates international trade in goods, services and intangibles and the difficulties in data collection. Many trade-related theories have been developed and applied in the context of international trade of goods, with services considered as intermediary inputs, while intangibles have not been systematically analyzed and integrated into the measurement of trade balance.
global trade, global value chains, trade in intangibles, trade in services, trade imbalance, globalization
1. Alcacer, J., & Oxley, J. (2014). Learning by supplying. Strategic Management Journal, 35(2), 204-223. https://doi.org/10.1002/smj.2134
2. Branstetter, L., Glennon, B., & Jensen, J. B. (2018). The IT revolution and the globalization of R&D. In J. Lerner, & S. Stern (Eds.), Innovation policy and the economy (Vol. 19, pp. 1-37). University of Chicago Press.: 4-9.
3. Fort, T. C., Rierce, J. R., & Schott, P. K. (2018). New perspectives on the decline of US manufacturing employment. Journal of Economic Perspectives, 32(2), 47-72. https://doi.org/10.1257/jep.32.2.47
4. Krugman, P. R. (1979). Increasing returns, monopolistic competition, and international trade. Journal of International Economics, 9(4), 469-479. https://doi.org/10.1016/0022-1996(79)90017-5
5. Lancaster, K. (1980). Intra-industry trade under perfect monopolistic competition. Journal of International Economics, 10(2), 151-175. https://doi.org/10.1016/0022-1996(80)90052-5
6. Leamer, E. (1995). The Heckscher-Ohlin model in theory and practice. International Economics Section, Department of Economics, Princeton University.
7. Melitz, M. J. (2003). The impact of trade on intra-industry reallocations and aggregate industry productivity. Econometrica, 71(6), 1695-1725. https://doi.org/10.1111/1468-0262.00467
8. OECD (2013). Interconnected economies: Benefiting from global value chains. OECD Publishing.
9. Ricardo, D. (1817). On the Principles of Political Economy and Taxation. John Murray.
10. Rikap, C., & Lundvall, B.-E. (2019). Value extraction, intellectual monopolies and global corporate innovation and production system. Paper presented at the Catch-Chain conference in Bocconi University, Rome, Italy.
11. Shih, S. (1992). Empowering technology - making your life easier. Acer’s Report, Acer’s, New Taipei.
12. Vernon, R. (1966). International investment and international trade in the product cycle. The Quarterly Journal of Economics, 80(2), 190-207. https://doi.org/10.2307/1880689
