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Record W4206184280 · doi:10.3390/jrfm15020043

What Effects Could Global Value Chain and Digital Infrastructure Development Policies Have on Poverty and Inequality after COVID-19?

2022· article· en· W4206184280 on OpenAlexvenueno aff
Ximena Del Carpio, José Cuesta, Maurice D. Kugler, G José Ignacio Hernández, Gabriel Piraquive

Bibliographic record

VenueJournal of risk and financial management · 2022
Typearticle
Languageen
FieldEconomics, Econometrics and Finance
TopicTaxation and Compliance Studies
Canadian institutionsnot available
Fundersnot available
KeywordsComputable general equilibriumPovertyInequalityEconomicsForeign direct investmentValue (mathematics)Human capitalInvestment (military)Poverty reductionCapital (architecture)Development economicsBusinessLabour economicsEconomic growthPolitical scienceMacroeconomics

Abstract

fetched live from OpenAlex

It is clear that in the transition out of the COVID-19 crisis in Colombia there will be great need for formal job creation. One source that has been widely discussed in policy circles is strengthening linkages of Colombian firms with Global Value Chains (GVCs). Another source that has received recent attention, and deservedly so, is digital infrastructure development (DID)—which can boost telework and virtual human capital accumulation. Reduction in poverty and inequality through more and better formal employment is an important aspect of a jobs and economic transformation (JET) agenda. In this paper, we explore—through a computable general equilibrium model (CGE) and a microsimulation framework—to what extent reforms of the type envisioned in the JET agenda and which could generate GVC linkages, as well as through DID, for Colombia, and we project their impact on poverty and inequality up to 2030. Our findings show limited impact of the three types of policy changes considered for GVCs—namely (i) fall in barriers for seamless business logistics, (ii) reductions in tariffs, and (iii) lower barriers to foreign direct investment (FDI). The impact of DID on inequality is also moot. There is however a modest impact on poverty reduction in the combined policy of digital infrastructure with a boost in skilled labor. This finding can be linked to different factors. First, there are relatively few direct jobs created to benefit households with low levels of human capital. Second, there might be indirect job creation through backward linkages to local suppliers by firms linked to GVCs, but this effect would be a general equilibrium effect that our CGE model with a partial equilibrium microsimulation distributional module does not fully capture. Third, the positioning of Colombian firms to latch onto GVCs, and also generate demand for local intermediate inputs and services, is not optimal. Fourth, DID may generate more general labor market opportunities through telework and virtual learning expansions but could also induce larger wage gaps as the skill premium rises so that the net effect on inequality is ambiguous.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.000
metaresearch head score (Gemma)0.000
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Observational · Consensus signal: Observational
GenreCandidate signal: Empirical · Consensus signal: Empirical
Teacher disagreement score0.243
Threshold uncertainty score0.508

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0000.000
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0000.000
Scholarly communication0.0000.000
Open science0.0000.000
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.013
GPT teacher head0.233
Teacher spread0.220 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designObservational
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations20
Published2022
Admission routes1
Has abstractyes

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