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CREATED:20230504T130332Z
UID:3067
DTEND:20230509T140000Z
DTSTART:20230509T130000Z
DTSTAMP:20260511T222108Z
LOCATION:Rahlgasse 3\, 1060 Vienna The Vienna Institute for International Economic S
 tudies and online
DESCRIPTION:The Competence Centre for International Economics Research (FIW) kindly inv
 ites to participate in the Seminar in International Economics on the topic 
 Growth and the Fragementation of Production Johannes Boehm Department of Ec
 onomics\, Sciences Po Tuesday\, 9th of May 2023\, 3:00 pm (CEST) Venue: Thi
 s is a hybrid event taking place in person (at wiiw\, Rahlgasse 3\, 1060 Vi
 enna) and via Zoom  Registration link for online participation: https://us0
 6web.zoom.us/webinar/register/WN_rrW3bjd9S5OHsU7o05Kq5A Registration link f
 or onsite participation: https://wiiw.ac.at/growth-and-the-fragmentation-of
 -production-er-614.html Abstract: How much do changes in the fragmentation 
 of production contribute to growth? Using detailed plant-level data on the 
 manufacturing sector in India between 1990 and 2014\, we study a version of
  Smithian growth\, the link between greater fragmentation of supply chains 
 and productivity. We propose a measure of a plant's vertical span\, which c
 orresponds roughly to the number of stages in a supply chain that the plant
  performs in-house\; when plants have smaller vertical spans\, production i
 s more fragmented. We find that fragmentation increases with development in
  both the cross-section and time series. Further\, within locations at a po
 int in time\, larger plants tend to have smaller vertical spans\, and those
  that increase sales tend to decrease vertical span. Using changes in deman
 d during the tariff liberalization in the 1990s\, we provide evidence that 
 increased demand causes specialization. We find evidence from economies of 
 scale in specialization. We construct a general equilibrium model to ration
 alize these findings and estimate the sources and magnitude of scale econom
 ies. Goods are produced in a succession of steps\, each combining labor and
  a set of intermediate inputs\, giving rise to a tree-like structure. Firms
  exert effort to find suppliers for inputs and choose the set of production
  stages (and thereby inputs) to produce the output at lowest cost. The stru
 cture implies that the returns to searching are more strongly diminishing f
 or inputs that are further upstream. Firms with high productivity draws are
  therefore more likely to choose to be more vertically specialized. The sem
 inar series is organised by the Vienna Institute for International Economic
  Studies (wiiw) in co-operation with FIW. The seminar provides a forum for 
 presentation and discussion of recent academic research in the field of int
 ernational economics.
SUMMARY:Seminar in International Economics: Growth and the Fragmentation of Product
 ion
ORGANIZER:FIW
URL;VALUE=URI:https://www.fiw.ac.at/en/event/seminar-in-international-economics-growth-an
 d-the-fragmentation-of-production/
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DESCRIPTION:Reminder for Seminar in International Economics: Growth and the Fragmentation of Product
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