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This working paper introduces the concept of Trade in Value Added (TiVA) and presents an initial analysis of TiVA for selected regional ESCAP economies. The paper introduces Global Value Chains (GVCs) and issues for the measurement of trade statistics due to proliferation of GVCs. It further...
Persistent link: https://www.econbiz.de/10010529478
The paper analyses the interindustry spillover effects of bilateral trade conflicts using the example of the 2018-2019 China-USA bilateral trade war. Empirical results are produced using a new heuristic method based on hypothetical extraction and substitution in an International Input-Output...
Persistent link: https://www.econbiz.de/10013225458
Power is one of the key components in understanding and analyzing global production and is central to the analytical frameworks of both GVCs and GPNs. By focusing on firms' power within GPNs, we are able to draw a novel analytical link between the governance structures of GVCs and network...
Persistent link: https://www.econbiz.de/10012224253
Im Zuge der Coronavirus-Pandemie stellt sich die Frage, welche Branchen systemrelevant sind. An erster Stelle stehen Bereiche wie Gesundheit und Pflege sowie alle Branchen, die die Versorgung des täglichen Bedarfs abdecken. Dabei reicht es jedoch nicht, nur die Branchen anzuschauen, die direkt...
Persistent link: https://www.econbiz.de/10012313580
In this policy brief, we study the development of trade integration, specifically the participation in global value chains, of the Western Balkan countries. Using a multi-country input-output Database, called the 'wiiw MC IOD', we first analyse in a descriptive way the trends in economic...
Persistent link: https://www.econbiz.de/10012487885
This paper gives an overview of different methodologies related to value chain analysis in the context of environment and trade research. Four major fields of methodologies are identified: Accounting of input-output flows, general computable equilibrium models, econometrics, and global commodity...
Persistent link: https://www.econbiz.de/10010270035
A second approach focuses on the relationships existing between the variables themselves, using multi-criteria and graph analysis. Natural resources endowments, on the one hand, and services orientation, on the other one, are among the most determinant variables for defining Trade in Value Added...
Persistent link: https://www.econbiz.de/10010376488
This paper analyses the role of services in international trade through the lens of global value chains (GVCs). Services account for more than 70% of world GDP but only for around 20% of world trade in balance of payments terms. In value added terms, accounting for services embodied in exported...
Persistent link: https://www.econbiz.de/10010487579
In a highly integrated global economy, linkages of domestic sectors to global trade measure an economy's ability to gain from participating in global value chains. On the other hand, the strength of domestic linkages can provide insights on an economy's cross-industry trade and extent of the...
Persistent link: https://www.econbiz.de/10012818798
Is the emphasis placed in trade and industry policy-making in developing countries on the share of domestic value-added ('value-added ratio') in exports consistent with the objective of achieving economic development through an export-oriented development strategy? This paper examines the...
Persistent link: https://www.econbiz.de/10012509574