yang jijun

School of International Economics and Trade, Nanjing University of Finance and Economics

　Bet365 lotto review USING A Value-ADDed Accounting Framework, We Conduct Empirical Research to Analyze Product Value-ADDED In Accordance with The Principle of Value-Sourcing and Value-Absorption s, So as to Decode "The Trade-Comovement Puzzle." As our Study Shows, Value-Added Trade Can Provide a Significant Positive Stimulus for the Economic Comovement, But it is Marked by Asymmetry BetWeen Hub and Spoke Countries with The Former Having A Pivotal Role. ATES that cohesive subgroups and value-addded trade are complements. When bilateral countries beelong to the same subgroup, The intensity of their value-added trade exerts an increasing influence on the eConomic Comovement.china has adopted a non-EQUILIBRIUM Opening Up Strategy and Has Actively Boosted Valueadded Linkages with Hub Countries; its utility of the correlation effect of economomic geil Enable It to Achieve Convergence with The Growth of High-Income Economies.at The Same Time, China Is Taking Advantage of Being The Core Node in The Belt and Road TRADE Network and is Continuing to Boost The Belt and Road Ive,Providing Channels for Countries Along The Belt and Road to Integrate Inte The Global ValueadDed System of Labor and Building A economic environment that features win-win collaboration and co-development.

　　Keywords: Value-Added Trade, Hub Countries, Spoke Countries, CoheSive Subgroups,Economic Comovement