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Tracing Value-added and Double Counting in Gross Exports / Robert Koopman, Zhi Wang, Shang-Jin Wei.

NBER Working papers Available online

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Format:
Book
Author/Creator:
Koopman, Robert.
Contributor:
National Bureau of Economic Research.
Wang, Zhi.
Wei, Shang-Jin.
Series:
Working Paper Series (National Bureau of Economic Research) no. w18579.
NBER working paper series no. w18579
Language:
English
Physical Description:
1 online resource: illustrations (black and white);
Place of Publication:
Cambridge, Mass. National Bureau of Economic Research 2012.
Summary:
This paper proposes a framework for gross exports accounting that breaks up a country's gross exports into various value-added components by source and additional double counted terms. By identifying which parts of the official trade data are double counted and the sources of the double counting, it bridges official trade (in gross value terms) and national accounts statistics (in value added terms). Our parsimonious framework integrates all previous measures of vertical specialization and value-added trade in the literature into a unified framework. To illustrate the potential of such a method, we present a number of applications including re-computing revealed comparative advantages and the magnifying impact of multi-stage production on trade costs.
Notes:
Print version record
November 2012.

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