Measuring value circulation in regional chains: assessing two alternative methods in South America

Álvaro Lalanne ()
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Álvaro Lalanne: Consultant at ECLAC Office in Uruguay

No 621, Documentos de Trabajo (working papers) from Department of Economics - dECON

Abstract: Since Hummels, Ishii and Ye (2001) seminal work there have been lots of proposals for measuring participation in global value chains with input-output tables. Conjointly to the development of measures, several projects created Inter-Country Input-output tables. To the extent that integrating data of different origins requires strong assumptions and confidence in sources, some projects keep more detailed inter country input-output tables at a regional level. In this paper I adapt two of the most complete methods conceived for global Input-output tables to the case of regional tables, and I use them to analyze the intraregional value chain trade of South America. Besides characterizing the trade in this region, this paper identifies and asses the differences between adaptations of Borin and Mancini (2019) source-based decomposition of gross exports and the Wang, Wei and Zhu (2018) method.

Keywords: trade in value-added; global value chains; regional integration, inter-country input-output tables (search for similar items in EconPapers)
JEL-codes: E16 F14 F15 (search for similar items in EconPapers)
Pages: 37 pages
Date: 2021-06
New Economics Papers: this item is included in nep-int
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Persistent link: https://EconPapers.repec.org/RePEc:ude:wpaper:0621

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