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Measuring global value chains

In: Handbook on Global Value Chains

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  • Timothy J. Sturgeon

Abstract

As the geographic fragmentation of industries has increased and cross-border coordination has improved, efforts to develop better measures and indicators of global value chains (GVC) have intensified. Producers of official and semi-official statistics and private market research information have gradually improved data resources available for GVC research, but the process is slow, piecemeal and incomplete. At the same time, demand for timely, policy-relevant GVC research is rising. This chapter describes several improvements in the data resources available for measuring GVCs that have arisen response to these new demands. Most prominent are international input–output tables such as the joint OECD–WTO Trade-in-Value-Added indicators, but several other GVC-relevant product groupings are being added to official statistics that will allow researchers to more easily retrieve comparable statistics on the outsourcing and offshoring practices of enterprises (business functions), trade in (ICT-enabled) services, and trade in intermediate goods and services that are likely to flow in more complex GVCs (specified intermediates). Finally, the chapter describes some key data resources available from private sources, and underscores the enduring value of qualitative field research and deep description of GVCs.

Suggested Citation

  • Timothy J. Sturgeon, 2019. "Measuring global value chains," Chapters, in: Stefano Ponte & Gary Gereffi & Gale Raj-Reichert (ed.), Handbook on Global Value Chains, chapter 3, pages 77-90, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:18029_3
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    Cited by:

    1. Dallas, Mark P. & Horner, Rory & Li, Lantian, 2021. "The mutual constraints of states and global value chains during COVID-19: The case of personal protective equipment," World Development, Elsevier, vol. 139(C).
    2. Gary Gereffi, 2019. "Global value chains and international development policy: Bringing firms, networks and policy-engaged scholarship back in," Journal of International Business Policy, Palgrave Macmillan, vol. 2(3), pages 195-210, September.
    3. Giovanni Ferri, 2022. "General overview of the first 50 years of Economic Notes, 1972–2021," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 51(S1), December.

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