 GTAP-VA: An Integrated Tool for Global Value Chain AnalysisAlessandro Antimiani, Luca Salvatici () and Ilaria Fusacchia Journal of Global Economic Analysis, 2018, vol. 3, issue 2, 69-105 Abstract: Global Value Chains (GVCs) have transformed production across a broad range of goods and services worldwide. New trade statistics are required in order to perform a more accurate analysis of trade flows through their decomposition in terms of value-added content, distinguished according to the sector/region of origin/destination. Our approach traces value added embedded in trade flows back to its origin or forward to its destination in a Computable General Equilibrium (CGE) model. A new module (available as a download with this paper) is introduced to the Global Trade Analysis Project (GTAP) model and used in a stylized scenario with 3 regions (the United States, the European Union and the Rest of the World) and 3 sectors (Manufactures, Agrifood and Services) where a free trade area between the European Union and the United States is simulated. Results show that the new version of the model (GTAP-VA) makes a useful contribution to trade policy analysis. Keywords: Trade in value added; Global value chains; Computable general equilibrium model; Global Trade Analysis Project; Trade policy. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:gta:jnlgea:v:3:y:2018:i:2:p:69-105 Access Statistics for this article More articles in Journal of Global Economic Analysis from Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University Contact information at EDIRC. |
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