Countries and Sectors in Global Value Chains:

Production of goods and services has increasingly globalized since the 1970s but is hard to measure. Standard approaches either overstate the degree of backward integration or underestimate the involvement of some industries, especially services, in Global Value Chain (GVC) activity. To correct thes...

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Bibliographic Details
Main Author: Borin, Alessandro (Author)
Format: Electronic eBook
Language:English
Published: Washington, D.C The World Bank 2021
Subjects:
Online Access:Volltext
Summary:Production of goods and services has increasingly globalized since the 1970s but is hard to measure. Standard approaches either overstate the degree of backward integration or underestimate the involvement of some industries, especially services, in Global Value Chain (GVC) activity. To correct these biases, this paper proposes a novel comprehensive method to measure GVC participation using Inter-Country Input-Output (ICIO) linkages in both trade and output and presents the related database available on the World Integrated Trade Solution website of the World Bank
Physical Description:1 Online-Ressource (36 Seiten)
DOI:10.1596/1813-9450-9785