Trade, investment and intangibles: The ABCs of global value chain-oriented policies

Organisation for Economic Co-operation and Development2026-04-11 收录

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Located at the heart of global value chains (GVCs), intangibles are documented to have a high and rising value capture, and to depend on both agglomeration economies and global connectedness for their performance. In this paper, we study how the distinct nature of intangibles require countries to develop novel policy prescriptions to attract...