Mapping the Commonwealth Countries’ Participation in Global Value Chains
Hubert Escaith () and
Sangeeta Khorana ()
MPRA Paper from University Library of Munich, Germany
This background paper provides a general picture of the characteristics and dynamics of Global Value Chains (GVC) in the Commonwealth countries. The main building blocks of the empirical analysis are based on a measure of inter-industrial linkages between and across between 43 of the 53 Commonwealth countries and sectors for which data were available. Using a trade network perspective, it measures the international flows of value-added and assesses countries’ position within GVCs. After calculating a series of in-depth GVC indica-tors, the paper assesses the potential for trade creation within the Commonwealth communi-ty. This review is complemented by several suggestions of policy and enabling measures aimed at facilitating the participation of those countries that are at the lower end of the val-ue chain.
Keywords: Trade; Commonwealth; input-output; global value chains; inter-industry linkages; trade complementarity; regional trade agreements (search for similar items in EconPapers)
JEL-codes: C67 F13 F15 F60 O19 O24 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:104441
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