IDEAS home Printed from https://ideas.repec.org/a/eee/streco/v67y2023icp89-97.html
   My bibliography  Save this article

Productive specialization and integration in South America: A global input–output analysis

Author

Listed:
  • Brondino, Gabriel
  • Lucero, Joaquín
  • Roitbarg, Hernán

Abstract

In the current context, where a large part of international trade in goods and services is linked to global production chains, the policy course to reap the gains from this trade differs according to the point of view adopted. While from a country’s point of view, the strategy is to join global production chains and upgrade to higher value-added activities, from the point of view of the regions, the new scenario offers opportunities to deepen productive integration. In the present paper, we aim to examine the role played by South America in global production chains and the potential for strengthening regional integration. We observe that considering extra-regional markets, the region maintains a pattern of specialization biased towards the export of primary commodities. However, intra-regional trade is based on more technologically complex sectors with favorable prospects for promoting regional production chains.

Suggested Citation

  • Brondino, Gabriel & Lucero, Joaquín & Roitbarg, Hernán, 2023. "Productive specialization and integration in South America: A global input–output analysis," Structural Change and Economic Dynamics, Elsevier, vol. 67(C), pages 89-97.
    • Handle: RePEc:eee:streco:v:67:y:2023:i:c:p:89-97
    DOI: 10.1016/j.strueco.2023.07.005
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S0954349X23000966
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.strueco.2023.07.005?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Amar, Anahí & Torchinsky Landau, Matías, 2019. "Cadenas regionales de valor en América del Sur," Documentos de Proyectos 45002, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    2. 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.
    3. Erik Dietzenbacher & Bob van Burken & Yasushi Kondo, 2019. "Hypothetical extractions from a global perspective," Economic Systems Research, Taylor & Francis Journals, vol. 31(4), pages 505-519, October.
    4. Amar, Anahí & García Díaz, Fernando, 2019. "La integración productiva entre la Argentina y Chile: un análisis estructural a partir de matrices insumo-producto multipaís," Documentos de Proyectos 45038, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    5. Amar, Anahí & García Díaz, Fernando, 2018. "Integración productiva entre la Argentina y el Brasil: Un análisis basado en metodologías de insumo-producto interpaís," Documentos de Proyectos 43623, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    6. Banacloche, Santacruz & Cadarso, María Ángeles & Monsalve, Fabio, 2020. "Implications of measuring value added in exports with a regional input-output table. A case of study in South America," Structural Change and Economic Dynamics, Elsevier, vol. 52(C), pages 130-140.
    7. Milberg,William & Winkler,Deborah, 2013. "Outsourcing Economics," Cambridge Books, Cambridge University Press, number 9781107609624.
    8. Richard Baldwin, 2011. "Trade And Industrialisation After Globalisation's 2nd Unbundling: How Building And Joining A Supply Chain Are Different And Why It Matters," NBER Working Papers 17716, National Bureau of Economic Research, Inc.
    9. Hao Xiao & Bo Meng & Jiabai Ye & Shantong Li, 2020. "Are global value chains truly global?," Economic Systems Research, Taylor & Francis Journals, vol. 32(4), pages 540-564, October.
    10. Orozco, Roberto & Minzer, Rodolfo, 2020. "Integración productiva a través del comercio intrarregional de insumos intermedios en Centroamérica, México y la República Dominicana: un análisis basado en indicadores de especialización vertical," Documentos de Proyectos 45941, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    11. Bekerman, Marta & Rikap, Cecilia, 2010. "Integración regional y diversificación de exportaciones en el MERCOSUR: el caso de Argentina y Brasil," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
    12. Alvarez, Mariano & Durán Lima, José Elías, 2011. "Manual de comercio exterior y política comercial: nociones básicas, clasificaciones e indicadores de posición y dinamismo," Documentos de Proyectos 3914, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    13. Sébastien Miroudot & Håkan Nordström, 2020. "Made in the World? Global Value Chains in the Midst of Rising Protectionism," Review of Industrial Organization, Springer;The Industrial Organization Society, vol. 57(2), pages 195-222, September.
    14. Durán Lima, José Elías & Cracau, Daniel & Saeteros, Mario, 2018. "Integración productiva en la Comunidad Andina: cadenas de valor entre Colombia y el Ecuador," Documentos de Proyectos 43360, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    15. Raffaele Giammetti & Luca Papi & Désirée Teobaldelli & Davide Ticchi, 2022. "The network effect of deglobalisation on European regions [De-globalisation? Global value chain in the post-COVID-19 age]," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(2), pages 207-235.
    16. Doris Hanzl-Weiss & Sandra M. Leitner & Robert Stehrer & Roman Stöllinger, 2018. "Global and Regional Value Chains: How Important, How Different?," wiiw Research Reports 427, The Vienna Institute for International Economic Studies, wiiw.
    17. Fernando Galindo-Rueda & Fabien Verger, 2016. "OECD Taxonomy of Economic Activities Based on R&D Intensity," OECD Science, Technology and Industry Working Papers 2016/4, OECD Publishing.
    18. 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.
    19. Steve Dowrick & Jane Golley, 2004. "Trade Openness and Growth: Who Benefits?," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 20(1), pages 38-56, Spring.
    20. Robert Stehrer, 2013. "Accounting Relations in Bilateral Value Added Trade," wiiw Working Papers 101, The Vienna Institute for International Economic Studies, wiiw.
    21. Zijie Fan & Yabin Zhang & Chun Liao, 2019. "Global or Regional Value Chains? Evidence from China," International Regional Science Review, , vol. 42(5-6), pages 459-494, September.
    22. Zaclicever, Dayna, 2017. "Trade integration and production sharing: A characterization of Latin American and Caribbean countries’ participation in regional and global value chains," Comercio Internacional 43192, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Laura Dell'Agostino, 2017. "Italy’S Participation In International Supply And Production Networks Using Value Added Trade Data," Departmental Working Papers of Economics - University 'Roma Tre' 0228, Department of Economics - University Roma Tre.
    2. Luca Salvatici & Silvia Nenci, 2017. "New features, forgotten costs and counterfactual gains of the international trading system," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 44(4), pages 592-633.
    3. Mahdi Ghodsi & Robert Stehrer, 2022. "Trade policy and global value chains: tariffs versus non-tariff measures," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 158(3), pages 887-916, August.
    4. Ines Kersan-Škabić & Alen Belullo, 2021. "The Characteristics of Regional Value Chains in the Sector of Chemicals and Pharmaceutical Products in the EU," Economies, MDPI, vol. 9(4), pages 1-24, November.
    5. Pierluigi Montalbano & Silvia Nenci & Carlo Pietrobelli, 2018. "Opening and linking up: firms, GVCs, and productivity in Latin America," Small Business Economics, Springer, vol. 50(4), pages 917-935, April.
    6. Arne J. Nagengast & Robert Stehrer, 2016. "The Great Collapse in Value Added Trade," Review of International Economics, Wiley Blackwell, vol. 24(2), pages 392-421, May.
    7. Meng, Bo & Ye, Ming, 2022. "Smile curves in global value chains: Foreign- vs. domestic-owned firms; the U.S. vs. China," Structural Change and Economic Dynamics, Elsevier, vol. 60(C), pages 15-29.
    8. Marilia Marcato & Carolina Baltar & Fernando Sarti, 2019. "International competitiveness in a vertically fragmented production structure: empirical challenges and evidence," Economics Bulletin, AccessEcon, vol. 39(2), pages 876-893.
    9. João Amador & Rita Cappariello & Robert Stehrer, 2015. "Global Value Chains: A View from the Euro Area," Asian Economic Journal, East Asian Economic Association, vol. 29(2), pages 99-120, June.
    10. Bo Meng & Ming Ye & Shang‐Jin Wei, 2020. "Measuring Smile Curves in Global Value Chains," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 82(5), pages 988-1016, October.
    11. Cecilia Jona Lasinio & Stefano Manzocchi & Valentina Meliciani, 2017. "Knowledge Based Capital and Value Creation in Global Supply Chains," Working Papers LuissLab 17134, Dipartimento di Economia e Finanza, LUISS Guido Carli.
    12. Maria Llop, 2022. "Quantifying the employment impacts of gross exports: a global accounting perspective," Journal of Economic Structures, Springer;Pan-Pacific Association of Input-Output Studies (PAPAIOS), vol. 11(1), pages 1-17, December.
    13. Rohit, Kumar, 2023. "Global value chains and structural transformation: Evidence from the developing world," Structural Change and Economic Dynamics, Elsevier, vol. 66(C), pages 285-299.
    14. Marília Bassetti Marcato, 2023. "Regional Dynamics in Global Production Sharing: Evidence from “Factory South America”," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 35(5), pages 1173-1196, October.
    15. ye, ming, 2016. "Trace the goods and value-added route in exports," MPRA Paper 73476, University Library of Munich, Germany.
    16. Epede, Mesumbe Bianca & Wang, Daoping, 2022. "Competitiveness and upgrading in global value chains: A multiple-country analysis of the wooden furniture industry," Forest Policy and Economics, Elsevier, vol. 140(C).
    17. Durán Lima, José Elías & Banacloche, Santacruz, 2022. "Economic analysis based on input-output tables: Definitions, indicators and applications for Latin America," Documentos de Proyectos 48096, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    18. Cingolani, Isabella & Iapadre, Lelio & Tajoli, Lucia, 2018. "International production networks and the world trade structure," International Economics, Elsevier, vol. 153(C), pages 11-33.
    19. Foster-McGregor, Neil & Kaulich, Florian & Stehrer, Robert, 2015. "Global Value Chains in Africa," MERIT Working Papers 2015-024, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    20. Richard Pomfret & Richard Pomfret, 2014. "Expanding the Division of Labour: Trade Costs and Supply Chains in the Global Economy," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 54(3), pages 220-241, November.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:streco:v:67:y:2023:i:c:p:89-97. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/525148 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.