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Tracing Value-Added and Double Counting in Gross Exports

Koopman, Robert - 2012

This paper proposes a framework for gross exports accounting that breaks up a country's gross exports into various value-added components by source and additional double counted terms. By identifying which parts of the official trade data are double counted and the sources of the double...

Persistent link: https://www.econbiz.de/10013097267

Organizing the Global Value Chain

Antras, Pol - 2012

be taken to the data with international trade statistics. Combining data from the U.S. Census Bureau's Related Party … Trade database and estimates of U.S. import demand elasticities from Broda and Weinstein (2006), we find empirical evidence … industry in the value chain, which we construct using U.S. Input-Output Tables …

Persistent link: https://www.econbiz.de/10013104981

Global Supply Chains and Wage Inequality

Costinot, Arnaud - 2012

A salient feature of globalization in recent decades is the emergence of "global supply chains" in which different countries specialize in different stages of a sequential production process. In Arnaud Costinot, Jonathan Vogel and Su Wang (2011), CVW hereafter, we have developed a simple theory...

Persistent link: https://www.econbiz.de/10013107972

Supply-Chain Trade : A Portrait of Global Patterns and Several Testable Hypotheses

Baldwin, Richard - 2013

The trade linked to international production networks - supply-chain trade for short - is associated with momentous global economic changes. This paper presents a portrait of the global pattern of supply-chain trade and how it has evolved since 1995. The paper draws on a variety of data sources...

Persistent link: https://www.econbiz.de/10013083394

Trade and Industrialisation after Globalisation's 2nd Unbundling : How Building and Joining a Supply Chain are Different and Why it Matters

Baldwin, Richard - 2013

Revolutionary transformations of industry and trade occurred from 1985 to the late-1990s - the regionalisation of supply chains. Before 1985, successful industrialisation meant building a domestic supply chain. Today, industrialisers join supply chains and grow rapidly because offshored...

Persistent link: https://www.econbiz.de/10013091898

Global Supply Chains and Trade Policy

Blanchard, Emily J. - 2016

How do global supply chain linkages modify countries' incentives to impose import protection? Are these linkages empirically important determinants of trade policy? To address these questions, we introduce supply chain linkages into a workhorse terms-of-trade model of trade policy with political...

Persistent link: https://www.econbiz.de/10013001214

Global Supply Chains in the Pandemic

Bonadio, Barthélémy - 2020

We study the role of global supply chains in the impact of the Covid-19 pandemic on GDP growth for 64 countries. We discipline the labor supply shock across sectors and countries using the fraction of work in the sector that can be done from home, interacted with the stringency with which...

Persistent link: https://www.econbiz.de/10012833120

Monetary Policy in an Era of Global Supply Chains

Wei, Shang-Jin - 2020

We study the implications of global supply chains for the design of monetary policy, using a small-open economy New Keynesian model with multiple stages of production. Within the family of simple monetary policy rules with commitment, a rule that targets separate producer price inflation at...

Persistent link: https://www.econbiz.de/10012844748

Trading Tasks : A Simple Theory of Offshoring

Grossman, Gene M. - 2006

For centuries, most international trade involved an exchange of complete goods. But, with recent improvements in transportation and communications technology, it increasingly entails different countries adding value to global supply chains, or what might be called quot;trade in tasks.quot; We...

Persistent link: https://www.econbiz.de/10012779022

Conceptual Aspects of Global Value Chains

Antras, Pol - 2019

I offer an overview of some key conceptual aspects associated with the rise of global value chains (GVCs). I outline a series of alternative interpretations and definitions of what the rise of GVCs entails, and I trace the implications of these alternative conceptualizations for the measurement...

Persistent link: https://www.econbiz.de/10012858026