Indicators On Global Value Chains
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Indicators On Global Value Chains
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Author :
language : en
Publisher:
Release Date : 2017
Indicators On Global Value Chains written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Economics categories.
Abstract: Traditionally, the main source of data used to measure countries' participation in international production networks or global value chains (GVCs) has been conventional international trade statistics. However, international fragmentation of production has weakened the analytic interpretability of these data as intermediate goods but also services cross borders many times on the way to their final destination. This is often referred to as the double (or multiple)-counting problem of international trade Statistics. This, in turn, has led to the development of a new branch of trade statistics, referred to as Trade in Value-Added (TiVA) providing new insights on GVCs, and corresponding databases, notably the OECD-WTO TiVA database, which provide a measure of international interdependencies through the construction of global input-output tables that show how producers in one country provide goods and/or services to producers and consumers in others. But with the field still relatively new, many users are struggling to fully understand how these new indicators should be used and indeed how they have been constructed. This document is designed to address those difficulties, providing, where appropriate guidance on "dos" and "don'ts". It also reviews many other typical GVC indicators derived outside of input-output frameworks; recognising that gross measures of trade, and indicators derived from them, remain important and relevant for policy making
Global Value Chain Indicators
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Author : Chandra T. Putra
language : en
Publisher:
Release Date : 2022
Global Value Chain Indicators written by Chandra T. Putra and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022 with categories.
Characterizing Global Value Chains
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Author : Zhi Wang (International economist)
language : en
Publisher:
Release Date : 2017
Characterizing Global Value Chains written by Zhi Wang (International economist) and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017 with Business logistics categories.
We develop a new set of country-sector level indicators of Global Value Chains (GVCs) characteristics in terms of average production length, and relative "upstreamness" on a production network, which we argue are better than the existing ones in the literature. We distinguish production activities into four types: those whose value added is both generated and absorbed within the country, those whose value-added crosses borders only once for consumption, those whose value added crosses borders only once for production, and those whose value added crosses borders more than once. Based on such an accounting framework, we further decompose total production length into different segments. Using these measures, we characterize cross-country production sharing patterns and their evolution for 56 sectors and 44 countries over 2000-2014. While the production chain has become longer for the world as a whole, there are interesting variations across countries and sectors.
Uncovering Value Added In Trade New Approaches To Analyzing Global Value Chains
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Author : Yuqing Xing
language : en
Publisher: World Scientific
Release Date : 2015-07-13
Uncovering Value Added In Trade New Approaches To Analyzing Global Value Chains written by Yuqing Xing and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-07-13 with Business & Economics categories.
Value chain trade has challenged economic implications of conventional trade statistics and transformed bilateral trade relationships into multilaterals. Conventional trade statistics exaggerate trade volumes and bilateral trade imbalances. It is imperative to measure trade in value-added and examine trade relations in the context of global value chains. This book is a collection of research papers on new approaches to measure trade in value added and the role of global value chains in modern international trade. It introduces the input output method for measuring trade and a direct approach for measuring the domestic value added of the People's Republic of China — the center of global assembly. In addition, it shows how to analyze trade relations in the context of global value chains.
Global Value Chain Participation An Analysis Of Key Performance Indicators And Sector Composition Of An Emerging Nation China And A Developed Nation Germany
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Author : Milan Lehmkuhl
language : de
Publisher:
Release Date : 2014
Global Value Chain Participation An Analysis Of Key Performance Indicators And Sector Composition Of An Emerging Nation China And A Developed Nation Germany written by Milan Lehmkuhl and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.
Measuring Employment In Global Value Chains
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Author : Peter Horvát
language : en
Publisher:
Release Date : 2020
Measuring Employment In Global Value Chains written by Peter Horvát and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020 with categories.
Global Value Chains
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Author : João Amador
language : en
Publisher:
Release Date : 2016
Global Value Chains written by João Amador and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with categories.
Global value chains (GVCs) emerged as the paradigm for the international organization of production. For most goods and services production is nowadays vertically fragmented across different countries and this reality gave rise to a significant new strand of research in international trade. This article starts by discussing the major driving forces of GVCs in recent decades. Next, it surveys the main measures of GVCs, accounting for their different scopes and required data sets. The article highlights the timing of the contributions to the literature, signalling their sequential nature and the trend toward more accurate and data-demanding indicators.
The Role Of Newly Industrialized Economies In Global Value Chains
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Author : Dominik Boddin
language : en
Publisher: International Monetary Fund
Release Date : 2016-10-17
The Role Of Newly Industrialized Economies In Global Value Chains written by Dominik Boddin and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-10-17 with Business & Economics categories.
In light of increased vertical specialization and the dominance of trade in intermediates rather than final goods, this paper seeks to raise awareness of the limitations of traditional trade measures on a gross output basis. To do so, this paper uses the WIOD, a world input output table, as an alternative trade measure to analyze the role of six newly industrialized economies in global value chains. The differences between measures on a gross output basis and value added basis are striking. Export shares measured by both methods differed by more than 20 percent for some industries. These findings highlight the need for more sophisticated world input output data to form a better understanding of global trade dynamics and country interdependencies.
How Markets Shape Geographic Indicators
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Author : Danny Wayne Hamrick
language : en
Publisher:
Release Date : 2019
How Markets Shape Geographic Indicators written by Danny Wayne Hamrick and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with categories.
Making Global Value Chains Work For Development
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Author : Daria Taglioni
language : en
Publisher: World Bank Publications
Release Date : 2016-06-10
Making Global Value Chains Work For Development written by Daria Taglioni and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-06-10 with Business & Economics categories.
Economic, technological, and political shifts as well as changing business strategies have driven firms to unbundle production processes and disperse them across countries. Thanks to these changes, developing countries can now increase their participation in global value chains (GVCs) and thus become more competitive in agriculture, manufacturing and services. This is a paradigm shift from the 20th century when countries had to build the entire supply chain domestically to become competitive internationally. For policymakers, the focus is on boosting domestic value added and improving access to resources and technology while advancing development goals. However, participating in global value chains does not automatically improve living standards and social conditions in a country. This requires not only improving the quality and quantity of production factors and redressing market failures, but also engineering equitable distributions of opportunities and outcomes - including employment, wages, work conditions, economic rights, gender equality, economic security, and protecting the environment. The internationalization of production processes helps with very few of these development challenges. Following this perspective, Making Global Value Chains Work for Development offers a strategic framework, analytical tools, and policy options to address this challenge. The book conceptualizes GVCs and makes it easier for policymakers and practitioners to discuss them and their implications for development. It shows why GVCs require fresh thinking; it serves as a repository of analytical tools; and it proposes a strategic framework to guide policymakers in identifying the key objectives of GVC participation and in selecting suitable economic strategies to achieve them.