Measurement of Global Value Chain (GVC) Participation in World Development Report 2020

Sourish Dutta ()

MPRA Paper from University Library of Munich, Germany

Abstract: As we can understand with the spread of GVCs, a lot of new questions emerge regarding the measurement of participation and positioning in the globalised production process. The World Development Report (WDR) 2020 explains the GVC phenomenon and then focus on participation and the prospects especially in a world of change in technology. From the overview section, we can figure out that nowadays, goods and services flow across borders as intermediate inputs rather than final goods. In traditional trade, we need two countries with the notions of export and import. However, in GVC trade, the goods and services cross borders multiple times requiring more than two countries. Remarkable improvements in information, communication, and transport technologies have made it possible to fragment production across national boundaries. So the question is: how to conceptualise this type of new trade to justify the measurement of participation.

Keywords: Global Value Chains; Global Production Network; International Trade (search for similar items in EconPapers)
JEL-codes: F0 F1 F2 (search for similar items in EconPapers)
Date: 2020-10-10, Revised 2021-01-09
New Economics Papers: this item is included in nep-int
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Related works:
Working Paper: Measurement of Global Value Chain (GVC) Participation in World Development Report 2020 (2021)
Working Paper: Measurement of Global Value Chain (GVC) Participation in World Development Report 2020 (2021)
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