Trade in Value Added : Developing New Measures of Cross-Border Trade
This volume includes papers that were first presented and discussed at a workshop on 'The Fragmentation of Global Production and Trade in Value- Added: Developing New Measures of Cross Border Trade', held at the World Bank in Washington,...
| Main Authors: | , , |
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| Format: | Publication |
| Language: | English en_US |
| Published: |
London: Centre for Economic Policy Research and the World Bank
2013
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2013/01/17893520/trade-value-added-developing-new-measures-cross-border-trade http://hdl.handle.net/10986/15809 |
| Summary: | This volume includes papers that were
first presented and discussed at a workshop on 'The
Fragmentation of Global Production and Trade in Value-
Added: Developing New Measures of Cross Border Trade',
held at the World Bank in Washington, DC, on 9 to 10 June,
2011. This publication is structured as follows: chapter one
gives and overview of measuring trade in value added when
production is fragmented across countries. Chapter two
discusses policy rationale and methodological challenges
towards the measurement of trade in value-added terms.
Chapter three highlights the importance of measuring trade
in value added. Chapter four computes and analyses the
value-added content of trade. Chapter five proposes an
accounting framework for estimating the domestic and foreign
content share in a country's exports when processing
trade is prevalent. Chapter six provides estimates of
foreign and domestic content in Mexico's manufacturing
exports that take into account the import content in
production under the maquiladora and Programa de Importacion
Temporal para Producir Articulos de Exportacion (PITEX)
programmes. Chapter seven gives empirical evidence that the
standard gravity equation performs poorly by some measures
when it is applied to bilateral flows where parts and
components trade is important. It also provides a simple
theoretical foundation for a modified gravity equation that
is suited to explain trade where international supply chains
are important. Chapter eight provides methodological
guidelines on how to compute import coefficients at the
level of the firm and shows how trade micro-data, can refine
the aggregate nature of the indicators in input-output (IO)
tables, by increasing their granularity. Chapter nine
reviews the availability of underlying source data,
summarizes the assumptions and describes the harmonization
techniques used. Chapter ten gives three-stage
reconciliation method to construct a time series
international IO database. Chapter eleven gives direct
measurement for collecting product- and firm-level
statistics on value added and business function outsourcing
and offshoring. Chapter twelve focuses on statistics and
measures that are developed and used for defining and
monitoring trade policy and economic development. Each
chapter gives references at the end. |
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