Global value chains and the CPTPP
Pao-Li Chang () and
Tran Bao Phuong Nguyen ()
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Pao-Li Chang: Singapore Management University
Tran Bao Phuong Nguyen: Singapore Management University
No 12-2019, Economics and Statistics Working Papers from Singapore Management University, School of Economics
The CPTPP, or the Comprehensive and Progressive Agreement for Trans-Paciﬁc Partnership, is an example of a “mega-regional” free trade agreement, whose provisions on the rules of origin and trade facilitation can have potentially large impacts on the CPTPP-wide supply chains. In this paper, we investigate whether the CPTPP members are key upstream and downstream trade partners to each other in the global value chains. We develop formulas of bilateral upstreamness and downstreamness, based on the gross-export decomposition framework of Koopman, Wang and Wei (2014) and Borin and Mancini (2017). We demonstrate how the decomposition of gross exports can be used to construct informative measures of the position of countries in global value chains.
Keywords: Global value chain (GVC); Gross export decomposition; Upstream/downstream trade partners; GVC position; CPTPP (search for similar items in EconPapers)
JEL-codes: F14 F15 (search for similar items in EconPapers)
Pages: 44 pages
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Persistent link: https://EconPapers.repec.org/RePEc:ris:smuesw:2019_012
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