International trade in value added: some suggestions for improved and new indicators

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Date
2016-05
Authors
Degain, Christophe
Maurer, Andreas
MacFeely, Stephen
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Science Signpost Publishing Inc.
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Abstract
Modern production methods utilize complex, international business models that result in global value chains (GVCs). The OECD/WTO database on trade in value added (TiVA) estimates these trade flows based on official statistics. Using the TiVA dataset, this paper outlines the so-called 'profiles by country' used for analytical purposes and makes some suggestions for how indicators, such as the GVC participation index; the length of GVCs might be improved.
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Global Value Chains , GVC participation index , GVC length index , GVC-oriented FDI
Citation
Degain, C., Maurer, A. and MacFeely, S. (2016) ‘International Trade in Value Added: Some Suggestions for Improved and New Indicator’, Journal of Mathematics and Statistical Science, 2(5), pp. 256-263.
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