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Measurement of Global Value Chain (GVC) Participation in World Development Report 2020

Author

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  • Sourish Dutta

    (Centre for Development Studies, Trivandrum - Centre for Development Studies, Trivandrum)

Abstract

As we can understand with the spread of GVCs, a lot of new questions emerge regarding the measurement of participation and positioning in the globalised production process. The World Development Report (WDR) 2020 explains the GVC phenomenon and then focus on participation and the prospects especially in a world of change in technology. From the overview section, we can figure out that nowadays, goods and services flow across borders as intermediate inputs rather than final goods. In traditional trade, we need two countries with the notions of export and import. However, in GVC trade, the goods and services cross borders multiple times requiring more than two countries. Remarkable improvements in information, communication, and transport technologies have made it possible to fragment production across national boundaries. So the question is: how to conceptualise this type of new trade to justify the measurement of participation.

Suggested Citation

  • Sourish Dutta, 2021. "Measurement of Global Value Chain (GVC) Participation in World Development Report 2020," Post-Print hal-03271574, HAL.
    • Handle: RePEc:hal:journl:hal-03271574
    DOI: 10.2139/ssrn.3763103
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    References listed on IDEAS

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    1. Baldwin, Richard & Venables, Anthony J., 2013. "Spiders and snakes: Offshoring and agglomeration in the global economy," Journal of International Economics, Elsevier, vol. 90(2), pages 245-254.
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    More about this item

    Keywords

    Global Value Chains; Global Production Network; International Trade;
    All these keywords.

    JEL classification:

    • F0 - International Economics - - General
    • F1 - International Economics - - Trade
    • F2 - International Economics - - International Factor Movements and International Business

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