Production of goods and services has increasingly globalized since the 1970s but is hard to measure. Standard approaches either overstate the degree of backward integration or underestimate the involvement of some industries, especially services, in Global Value Chain (GVC) activity. To correct...

Production of goods and services has increasingly globalized since the 1970s but is hard to measure. Standard approaches either overstate the degree of backward integration or underestimate the involvement of some industries, especially services, in Global Value Chain (GVC) activity. To correct...