Year: 2017
Type: report
Abstract: This paper makes two methodological contributions.First, it proposes a framework to decompose total production activities at the country, sector, or country-sector level, to different types, depending on whether they are for pure domestic demand, traditional international trade, simple GVC activities, and complex GVC activities.Second, it proposes a pair of GVC participation indices that improves upon the measures in the existing literature.We apply this decomposition framework to a Global Input-Output Database (WIOD) that cover 44 countries and 56 industries from 2000 to2014 to uncover evolving compositions of different production activities.We also show that complex GVC activities co-move with global GDP growth more strongly than other types of production activities.
DOI: 10.3386/w23222
Authors: Zhi Wang, Shang-Jin Wei, Xinding Yu, Kunfu Zhu
Language: English
Topic: Global trade and economics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2600853097