International trade in value added: some suggestions for improved and new indicators
Science Signpost Publishing Inc.
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.
Global Value Chains , GVC participation index , GVC length index , GVC-oriented FDI
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.