Uncovering value added in trade new approaches to analyzing global value chains / editors, Yuqing Xing, Asian Development Bank Institute, Japan.

Format:

Book

Author/Creator:

Xing, Yuqing, author.

Contributor:

Xing, Yuqing.

Language:

English

Subjects (All):

International trade.

International economic relations.

Physical Description:

1 online resource (181 p.)

Place of Publication:

Singapore ; Hackensack, New Jersey : World Scientific Publishing Company, 2016.

Language Note:

English

Summary:

"Value chain trade has challenged economic implications of conventional trade statistics and transformed bilateral trade relationships into multilaterals. Conventional trade statistics exaggerate trade volumes and bilateral trade imbalances. It is imperative to measure trade in value-added and examine trade relations in the context of global value chains. This book is a collection of research papers on new approaches to measure trade in value added and the role of global value chains in modern international trade. It introduces the input output method for measuring trade and a direct approach for measuring the domestic value added of the People's Republic of China — the center of global assembly. In addition, it shows how to analyze trade relations in the context of global value chains."-- Provided by publisher.

Contents:

""Contents""; ""List of Figures and Tables""; ""Contributors""; ""Chapter 1 Introduction""; ""Reference""; ""Chapter 2 Implications of Global Value Chains for Trade Statistics and Trade Policy""; ""2.1. Introduction""; ""2.2. The Rise of Global Value Chains: Why and What Impact?""; ""2.2.1. Factors that led to the development of global value chains""; ""2.2.2. Trade in tasks""; ""2.2.3. The implications of trade in tasks""; ""2.3. Trade in Value Added: Measuring Trade in a Globalized World""; ""2.3.1. Three approaches to measure trade taking place within global value chains""

""2.3.1.1. Case studies and microeconomic data""""2.3.1.2. Use of existing data on trade in intermediate goods: The direct measurement""; ""2.3.1.3. The use of international input-output (II-O) tables: The indirect measurement""; ""2.3.2. The statistical methodology - basic principles""; ""2.3.3. The statistical challenges""; ""2.4. A New Angle for Trade Analysis and Policy""; ""2.4.1. Increasing role of manufacturing and business services in world trade""; ""2.4.2. Bilateral trade balances revisited""; ""2.4.3. Trade in value added and employment""

""2.4.4. Trade in value added and international competitiveness""""2.4.4.1. Importing to export: A key point for export competitiveness""; ""2.4.4.2. Ratio of exports to GDP in value added: An idea of the actual impact of trade on an economy""; ""2.4.4.3. Effective protection rates: International competitiveness of domestic value added""; ""2.4.5. Consequences and risks associated with the interdependency of economies""; ""2.5. Are Traditional Rules and Principles in Question?""; ""2.5.1. Rules of origin""; ""2.5.2. The notion of comparative advantage""

""2.6. Some Trade Policy Incentives and Directions to Promote GVCs""""2.7. Conclusion""; ""References""; ""Chapter 3 OECD Inter-Country Input-Output Model and Policy Implications""; ""3.1. Introduction""; ""3.2. What Does an Inter-Country Input-Output Model Represent?""; ""3.3. Relevant Policy Areas""; ""3.3.1. Trade policies""; ""3.3.2. Trade, growth, and employment""; ""3.3.3. Ecological footprint issues""; ""3.3.4. Risk management""; ""3.4. Methodological and Statistical Limitations""; ""3.5. Conclusion""; ""Appendix 3A""; ""References""

""Chapter 4 Estimating the Upper Limits of Value Addedin the People's Republic of China's Processing Exports""""4.1. Introduction""; ""4.2. Estimating the Value Added in Trade: A Simple Approach""; ""4.3. Estimating Domestic Value Added of the People's Republic of China's Processing Exports""; ""4.4. Domestic Value Added of the People's Republic of China's Exports by Trading Partner""; ""4.5. Comparison of the Estimates with the Trade in Value Added Database""; ""4.6. Conclusion""; ""References""

""Chapter 5 An Alternative Measurement for International Fragmentation of the Production Process: An International Input-Output Approach""

Notes:

Description based upon print version of record.

Description based on print version record.

Includes bibliographical references.

ISBN:

981-4656-36-4