Bergeijk, Peter A. G. van - In: Economies : open access journal 12 (2024) 7, pp. 1-23
importance of global production networks and fragmentation that necessitate using trade in value added (TiVA) rather than gross … trade. We discuss how the components of a CMS analysis need to be (re)interpreted and apply our Constant Value Added Share … while Philippine and world Value Added grew at par, the country lost competitiveness. Traditional CMS suggests a smaller …