Abstract
The present paper sets out trends in the functional income distribution implied by countries’ integration in Global Value Chains (GVCs), taking account also of interregional interactions (South-South and North-South). Through the application of an innovative input-output methodology, it quantifies inter-country differences in functional income distribution by means of a novel indicator to estimate the distributive profile associated with domestic vis-à-vis international specialization. The focus is on trade flows, and the analysis carried out allows us to single out the distributive implications of alternative regional integration projects, in view of a more inclusive multilateral trade system.
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