Infrastructure, value chains, and economic upgrades

Global Value Chains , Economic Upgrading , and Gender

Global Value Chains: Economic and Policy Issues

In the past few years, a fairly substantial literature has emerged addressing the phenomenon of global value chains (GVCs). While one can find various definitions of GVCs, the simple concept proposed by Lunati (2007) seems to capture the spirit of most definitions. Namely, GVCs are international supply chains characterized by fragmentation of production activities across sites and borders. In e...

Simplifying Infrastructure Upgrades with VCE Converged Infrastructure Systems and VCE Vision Intelligent Operations Software

This ESG Lab Review documents the benefits of leveraging VCE Vision Intelligent Operations with VCE converged infrastructure systems and the VCE Release Certification Matrix (RCM) to simplify the process of upgrading a complete IT infrastructure. Both quantitative and qualitative evaluations of the time to upgrade four common infrastructure deployments were conducted: a traditional “do it yours...

Real Options and Software Upgrades: An Economic Analysis

This work extends earlier work on software upgrades as well as research on real options and IT investment. We consider a two-period model with one software provider who develops and releases a software product to the market. The result shows that the profit from the upgrade policy increases when the market size uncertainty increases. The option value of upgrade is higher when there is more mark...

Infrastructure and Canadian Economic Growth

“Canada is a wealthy country, rich in both human and capital resources. The incomes earned by its people today are among the highest in the world. The current high standing is a legacy from previous generations. Over the decades, huge investments have been made in infrastructure. Communications and transportation systems are, for the most part, vast, modern and efficient, joining together far-f...