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The Role of Newly Industrialized Economies in Global Value Chains

By: Dominik Boddin

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The Role of Newly Industrialized Economies in Global Value Chains

By: Dominik Boddin

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.

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37

Publisher

International Monetary Fund

Published Date

ISBN 10

1475545452

ISBN 13

9781475545456

The Role of Newly Industrialized Economies in Global Value Chains

By: Dominik Boddin

Write a review Read reviews Take a Quiz Solve Book Puzzle

The Role of Newly Industrialized Economies in Global Value Chains

By: Dominik Boddin

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.

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0%

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0%

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0%

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0%

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Age

Page Count

37

Publisher

International Monetary Fund

Published Date

ISBN 10

147554569X

ISBN 13

9781475545692

Book's by Dominik Boddin

The Role of Newly Industrialized Economies in Global Value Chains

The Role of Newly Industrialized Economies in Global Value Chains

The Role of Newly Industrialized Economies in Global Value Chains

The Role of Newly Industrialized Economies in Global Value Chains

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