Global Value Chains and the Cost of Protection: Insights from the New OECD Trade Model

Dorothee Flaig, Susan Stone and Frank van Tongeren

No 332508, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: This paper outlines the development of the OECD Trade Model. It describes the base model, GLOBE, and key points of departure. The major structural change is in the modelling of trade flows. Based on OECD data, the OECD Trade Model differentiates import and export markets by commodity, source, destination and four end users: intermediates, household, government and capital. A simulation is then conducted to illustrate the insights the new modelling structure provides, especially with respect to model trade along global value chains.

Keywords: International Relations/Trade; Research Methods/Statistical Methods (search for similar items in EconPapers)
Pages: 19
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:332508

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