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Measuring What Matters in Global Value Chains and Value-Added Trade

Alessandro Borin and Michele Mancini

No 8804, Policy Research Working Paper Series from The World Bank

Abstract: The spread of global value chains (GVCs) has given rise to new statistical tools, the Inter-Country Input-Output tables and new analytical frameworks aimed at properly identifying production linkages between and within economies. However, several important questions remain unaddressed. This paper proposes a new toolkit for value-added accounting of trade flows at the aggregate, bilateral, and sectoral levels that can be used to investigate a broad set of empirical questions -- including an assessment of the share of trade related to GVCs. The paper shows how different empirical issues require distinct accounting perspectives, and maps these methodologies onto the economic questions they are best suited to address. In this way, in addition to providing novel tools, the paper brings a large part of the related literature under one comprehensive framework.

Keywords: International Trade and Trade Rules; Industrial and Consumer Services and Products; Transport and Trade Logistics; Crime and Society (search for similar items in EconPapers)
Date: 2019-04-04
New Economics Papers: this item is included in nep-acc and nep-int
References: Add references at CitEc
Citations: View citations in EconPapers (74)

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http://documents.worldbank.org/curated/en/63948155 ... alue-Added-Trade.pdf (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:8804

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