"As China's export juggernaut employs many imported inputs, there are many policy questions for which it is crucial to know the extent of domestic and foreign value added in its exports. The best known approach - the concept of "vertical specialization" proposed by Hummels, Ishii and Yi (2001) -...

We develop a unified framework to trace value added along global supply chains in the presence of foreign direct investment by decomposing either GDP based on forward linkages or final production based on backward linkages. The new framework accounts for the presence of foreign invested...

This study integrates the new global value chain (GVC) accounting method that explicitly considers the difference in the production functions of multinational enterprises (MNEs) and domestically-owned firms into existing production- and consumption-based CO2 emissions measures. This enables us...

The rise of China in world trade has brought both benefits and anxiety to other economies. For many policy questions, it is crucial to know the extent of domestic value added (DVA) in exports, but the computation is more complicated when processing trade is pervasive. We propose a method for...

Cover -- Contents -- Preface -- Acknowledgments -- Acronyms -- Map -- Introduction -- Ch 1 China-Taiwan Economic Relations -- Trade: Data Problems, Economic Drivers, and Political Barriers -- Direct Investment and Portfolio Holdings -- Flows of People -- Conclusions -- Ch 2 Bilateral Effects of...

The rise of China in world trade has brought both benefits and anxiety to other economies. For many policy questions, it is crucial to know the extent of domestic value added (DVA) in exports, but the computation is more complicated when processing trade is pervasive. We propose a method for...

This paper investigates the effects of economic integration among Taiwan, Hong Kong and China (CEA). A seven-region, seven-sector computable general equilibrium model for world production and trade is developed for this purpose. The simulation results demonstrate that the three Chinese economies...

This paper evaluates the impact of China's WTO accession on trade and economic relation across the Taiwan Strait and its implications for rest of the world by a recursive dynamic, 17-region, 25-sector computable general equilibrium (CGE) model according to actual market access commitments that...