Measuring What Matters in Global Value Chains and Value-Added Trade

By A. Borin, Michele Mancini. 2019

189 citations recorded by the source corpus.

The spread of global value chains (GVCs) has given rise to new statistical tools, the Inter-Country Input-Output tables and new analytical frameworks aimed at properly identifying production linkages between and within economies. However, several important questions remain unaddressed. This paper proposes a new toolkit for value-added accounting of trade flows at the aggregate, bilateral, and sectoral levels that can be used to investigate a broad set of empirical questions -- including an assessment of the share of trade related to GVCs. The paper shows how different empirical issues require distinct accounting perspectives, and maps these methodologies onto the economic questions they are best suited to address. In this way, in addition to providing novel tools, the paper brings a large part of the related literature under one comprehensive framework.

Subfields: Economics and Econometrics, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/403f913c52abbef05aa90d7106b62cf09c659a30

Citations in the corpus

• De-Globalisation? Global Value Chains in the Post-COVID-19 Age (2020, unknown): “This is illustrated in Chart 9, borrowed from Bricongne et al. (2012), which indicates that the Trade Collapse did not significantly impact the evolution of the number of exporters in France (which was already on a mild downward trend), while the total volume exports fell quite dramatically during t”
• Determinants of Global Value Chain Participation: Cross-Country Evidence (2020, unknown): “More recently, Borin and Mancini (2015; 2019) updated this measure which encompasses foreign value-added as well as domestic and foreign double counting, based on a bilateral source country-based decomposition of gross exports using ICIO tables that also include source and destination countries.”