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Decomposing value added in gross exports from a country and bilateral perspective

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  • Miroudot, Sébastien
  • Ye, Ming

Abstract

Decomposing gross exports into different value-added terms allows to remove the double-counting of intermediate inputs and provides insights on the structure of global value chains. We derive consistent formulas for the decomposition of gross exports from a country and bilateral perspective.

Suggested Citation

  • Miroudot, Sébastien & Ye, Ming, 2022. "Decomposing value added in gross exports from a country and bilateral perspective," Economics Letters, Elsevier, vol. 212(C).
    • Handle: RePEc:eee:ecolet:v:212:y:2022:i:c:s0165176522000027
    DOI: 10.1016/j.econlet.2022.110272
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    References listed on IDEAS

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    1. Robert Koopman & Zhi Wang & Shang-Jin Wei, 2014. "Tracing Value-Added and Double Counting in Gross Exports," American Economic Review, American Economic Association, vol. 104(2), pages 459-494, February.
    2. Alessandro Borin & Michele Mancini, 2019. "Measuring What Matters in Global Value Chains and Value-Added Trade," World Bank Publications - Reports 31533, The World Bank Group.
    3. Guillaume Daudin & Christine Rifflart & Danielle Schweisguth, 2011. "Who produces for whom in the world economy?," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 44(4), pages 1403-1437, November.
    4. Sébastien Miroudot & Ming Ye, 2021. "Decomposing value added in gross exports," Economic Systems Research, Taylor & Francis Journals, vol. 33(1), pages 67-87, January.
    5. Marcel P. Timmer & Erik Dietzenbacher & Bart Los & Robert Stehrer & Gaaitzen J. Vries, 2015. "An Illustrated User Guide to the World Input–Output Database: the Case of Global Automotive Production," Review of International Economics, Wiley Blackwell, vol. 23(3), pages 575-605, August.
    6. Foster-McGregor, Neil & Stehrer, Robert, 2013. "Value added content of trade: A comprehensive approach," Economics Letters, Elsevier, vol. 120(2), pages 354-357.
    7. Bart Los & Marcel P. Timmer, 2020. "Measuring Bilateral Exports of Value Added: A Unified Framework," NBER Chapters, in: Challenges of Globalization in the Measurement of National Accounts, pages 389-421, National Bureau of Economic Research, Inc.
    8. Johnson, Robert C. & Noguera, Guillermo, 2012. "Accounting for intermediates: Production sharing and trade in value added," Journal of International Economics, Elsevier, vol. 86(2), pages 224-236.
    9. Bart Los & Marcel P. Timmer & Gaaitzen J. de Vries, 2016. "Tracing Value-Added and Double Counting in Gross Exports: Comment," American Economic Review, American Economic Association, vol. 106(7), pages 1958-1966, July.
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    Cited by:

    1. Mingyin Zhao & Yadong Ning & Shukuan Bai & Boya Zhang, 2024. "Embodied Carbon Transfer in China’s Bilateral Trade with Belt and Road Countries from the Perspective of Global Value Chains," Energies, MDPI, vol. 17(4), pages 1-16, February.
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    3. Richard Baldwin & Rebecca Freeman & Angelos Theodorakopoulos, 2024. "Deconstructing Deglobalization: The Future of Trade is in Intermediate Services," Asian Economic Policy Review, Japan Center for Economic Research, vol. 19(1), pages 18-37, January.
    4. Rodríguez del Valle, Adrián & Fernández-Vázquez, Esteban, 2024. "Analyzing market power of the agricultural industry in Asia," Economic Analysis and Policy, Elsevier, vol. 81(C), pages 652-669.

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    More about this item

    Keywords

    Gross exports; Trade in value added; Global value chains;
    All these keywords.

    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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