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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...
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different firm types in China. Based on our reconciled data sets for 2007 and 2010, we find that both state-owned enterprises … (SOE) and small and medium enterprises (SME) in China have much higher value-added exports (VAX) to gross exports ratios …, compared to the rest of the economy. While the VAX ratio of China's aggregate exports increased by about 9% between 2007 and …
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This paper empirically analyzes China's electrical equipment manufacturing industry in the context of global value … questions are addressed by measuring several different indicators. China is found to have comparative advantage and …. However, such competitiveness is not sustainable for two reasons: (1) China is actually a net value added importer, which …
Persistent link: https://www.econbiz.de/10013018839
One of the main stylised facts that has emerged from the recent literature on global value chains is that bilateral trade imbalances in gross terms can differ substantially from those measured in value added terms. However, the factors underlying the extent and sign of the differences between...
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