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evolution since the mid-1990s has affected the relationship between world trade and income …
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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
This paper studies the great collapse in value added trade using a structural decomposition analysis. We show that changes in vertical specialisation accounted for almost half of the great trade collapse, while the previous literature on gross trade has mainly focused on final expenditure,...
Persistent link: https://www.econbiz.de/10011419613
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
effective exchange rates. Using the World Input-Output Database (WIOD) we employ the proposed indicators to shed new light on …
Persistent link: https://www.econbiz.de/10011842194
rates. Using the World Input-Output Database (WIOD) we employ the proposed indicators to shed new light on changes in cost …
Persistent link: https://www.econbiz.de/10011853655
In the article, we propose a comprehensive methodology of value chain analysis in the international input-output framework that introduces a new measure of value chain participation and an extended typology of value chains, with the novel inclusion of domestic value chain to address the extent...
Persistent link: https://www.econbiz.de/10012607157
account for input linkages that impact both channels of productivity improvement. Using sector-level data from the World Input …
Persistent link: https://www.econbiz.de/10013269723