Foreign Value Added along the Consumption Distribution

Autor:	Silvia Fabiani, Alberto Felettigh, Alfonso Rosolia
Jazyk:	angličtina
Rok vydání:	2022
Předmět:	Exchange-rate shocks International policy transmission Research Paper - Italy and Europe Foreign and domestic value added Global value chains D39 Distribution of households’ consumption expenditure F45 General Economics Econometrics and Finance E21 F42
Zdroj:	Italian Economic Journal
ISSN:	2199-3238 2199-322X
Popis:	We measure the share of foreign value added embedded in the domestic consumption expenditure of the Italian household sector as a whole and of households along the distribution of consumption expenditure. We find that for each euro spent for consumption by households, almost irrespective of their affluence, about 20 to 40 cents remunerate foreign production factors; around two fifths of this foreign value added originate in other euro-area countries. Because of their heterogeneous bundles, households consume foreign value added through different expenditure items; less affluent ones do so through price-inelastic varieties and necessities.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::91feaf3aceabe7b01c19ff02177eb909 http://europepmc.org/articles/PMC8786594 Zobrazit plný text záznamu Full text from SpringerLink