PUBLICATIONS

Global production and trade in value-added

Regional networks in supply chains in Asia and other parts of the world show a change from trade in goods to trade in tasks. Mostly developing countries import mainly intermediate goods for processing of final goods. It is shown further that the industries of some developing countries constitute an intermediate step in the production process, like Malaysia, Singapore and Indonesia, where intermediate goods are both imported and exported at a very high rate.

Publications

Books
  • Trade Patterns in East Asia - 2011
  • Changing the Industrial Geography in Asia
  • Handbook of Input-Output Compilation and Analysis
Articles, Chapters, Presentations and Working Papers
  • Production Networks and Trade Patterns in East Asia
  • China and the manufacturing Exports of Other Developing Countries
  • Domestic Value-Added 2008
  • Give Credit When the Credit is Due
  • Value Chains in East Asian Production Networks
  • Slicing Up Global Value Chains
  • WIOD Project Nov 2009
  • World Bank - Changes in Globalization impact South Asia
  • International Supply Chains and Trade Elasticity - Feb 2010
  • Globalization of the Industrial Production Chains
  • Output-Database Conference

Books

Trade Patterns in East Asia 2011

WTO

photo

The geographical fragmentation of production has created a new trade reality. Often referred to as global value chains or vertical specialization, this fragmentation deepens the interdependency of trade relations and has many implications for how we understand trade policy. This book sheds light on the nature of this interdependency, and the contribution of trade to national economies. It illustrates the conjunction of technical, institutional and political changes that led to the emergence of production and trade networks in East Asia…(more)






Changing the Industrial Geography in Asia

The World Bank

A great burst of globalization brought the 20th century to a close, creating upheaval in the world economy from roughly 1995 to 2008. And now, with the new century barely commenced, a second upheaval is in the offing following the severe financial crisis that plunged the global economy into recession in 2008-09. The first upheaval witnessed a massive migration of manufacturing and certain business services that transformed Asia into the industrial heartland of the world. The second upheaval will likely consolidate Asia's industrial preeminence and could result in a concentration of industrial activities in the two most populous and fastest growing Asian economies - China and India...(more)


Handbook of Input-Output Compilation and Analysis

UNDESA

The Statistical Commission of the United Nations has been concerned with conceptual or practical difficulties in the implementation of the System of National Accounts (SNA) since it was introduced in 1968. At its 1983 session, the Commission agreed that the SNA should be revised with the specific objectives of clarifying it and harmonizing it with related statistical systems rather than modifying it...(more)





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Articles, Chapters, Presentations and Working Papers

Production Networks and Trade Patterns in East Asia: Regionalization or Globalization?

ADB

This paper examines the implications of global production sharing for economic integration in East Asia, with emphasis on the behavior of trade flows in the wake of the 2008 global economic crisis. While trade in parts and components and final assembly within production networks (―network trade‖) has generally grown faster than total world trade in manufacturing, the degree of dependence of East Asia on this new form of international specialization is proportionately larger than elsewhere in the world...(more)

China and the manufacturing Exports of Other Developing Countries

NBER

The explosive growth of China’s economy has been extraordinary. Between 1990 and 2005, China’s exports increased by 25 times in real terms, compared to an increase of about four times in the 12 largest exporting nations .As of 2005, China’s exports accounted for 25% of the total exports of all countries outside of the top 12…(more)

Domestic Value-Added 2008

NBER

As China's export juggernaut employs many imported inputs, there are many policy questions for which it is crucial to know the extent of domestic and foreign value added in its exports. The best known approach - the concept of "vertical specialization" proposed by Hummels, Ishii and Yi (2001) - is not appropriate for countries that engage actively in tariff/tax-favored processing exports such as China, Mexico, and Vietnam. We develop a general formula for computing domestic and foreign contents when processing exports are pervasive…(more)

Give Credit When the Credit is Due

USITC

This paper provides both a conceptual framework for decomposing a country’s gross exports into value-added components by source and a new bilateral database on value-added trade. Our parsimonious framework integrates all previous measures of vertical specialization and value-added trade in the literature. To illustrate the potential of the decomposition, we present a number of applications including re-computing revealed comparative advantages...(more)

Value Chains in East Asian Production Networks

USITC

This paper extends the quantitative measures of vertical specialization proposed by Hummels, Ishii, and Yi (2001) into a framework that includes many countries based on an international input-output model. It not only distributes foreign value added in a country’s exports to its original sources, but also further decomposes domestic value added in a country’s exports into direct exports and indirect intermediate exports via third countries...(more)

Slicing Up Global Value Chains

WIOD

In this paper we provide a new metric for the contributions of countries to global value chains. It is based on an input-output analysis of vertically integrated industries, taking into account trade in intermediate inputs within and across countries. The value of global manufacturing output is allocated to labour and capital employed in various regions in the world…(more)

WIOD Project Nov 2009

WIOD

A powerpoint presentation on The World Input-Output Database (WIOD) Project presented by Robert Stehrer from the Vienna Institute for International Economic Studies. The project is funded under the 7th Framework Programme. The project started in May 2009 with prospective end in April 2012...(more)





World Bank - Changes in Globalization impact South Asia

The World Bank

The current global crisis may change globalization itself, as both developed and developing countries adjust to global imbalances that contributed to the crisis. Will these changes help or hinder economic recovery and growth in South Asia? This is the focus of this paper. The three models of globalization--trade, capital, and economic management--may not be the same in the future...(more)

International Supply Chains and Trade Elasticity - Feb 2010

WTO

The paper investigates the role of global supply chains in explaining the trade collapse of 2008-2009 and the long-term variations observed in trade elasticity. Building on the empirical results obtained from a subset of input-output matrices and the exploratory analysis of a large and diversified sample of countries, a formal model is specified to measure the respective short-term and long-term dynamics of trade elasticity…(more)

Globalization of the Industrial Production Chains

WTO

The trade collapse that followed the recent financial crisis has led to a renewed interest on the measurement issues affecting international merchandise trade statistics in the new globalized economy. The international fragmentation of industrial production blurs the concept of country of origin and calls for the production of new statistics on the domestic content of exports...(more)

Output-Database Conference

WTO

The "Global Matching" of mass consumer demand in the West with rising manufacturing capacities in the Eastern Asia started in the early 1960s and led to the emergence of the New Industrialised Economies (Korea, Chinese Taipei) besides Japan...(more)

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