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Measuring global value chains and regional economic integration : an international input-output approach

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  • Meng, Bo
  • Fang, Yong
  • Yamano, Norihiko

Abstract

Firms that are expanding their cross-border activities, such as vertical specialization trade, outsourcing, and fragmentation productions, have brought dramatic changes to the global economy during the last two decades. In an attempt to understand the evolution of the interaction among countries or country groups, many trade-statistics-based indicators have been developed. However, most of these statistics focus on showing the direct trade-specific-relationship among countries, rather than considering the roles that intercountry and interindustrial production networks play in a global economy. This paper uses the concepts of trade in value added as measured by the input–output tables of OECD and IDE-JETRO to provide alternative indicators that show the evolution of regional economic integration and global value chains for more than 50 economies. In addition, this paper provides thoughts on how to evaluate comparative advantages on the basis of value added using an international input–output model.

Suggested Citation

  • Meng, Bo & Fang, Yong & Yamano, Norihiko, 2012. "Measuring global value chains and regional economic integration : an international input-output approach," IDE Discussion Papers 362, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    • Handle: RePEc:jet:dpaper:dpaper362
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    References listed on IDEAS

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    Cited by:

    1. 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.
    2. -, 2016. "The South American input-output table: Key assumptions and methodological considerations," Documentos de Proyectos 40832, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
    3. Inomata, Satoshi, 2013. "Trade in Value Added: An East Asian Perspective," ADBI Working Papers 451, Asian Development Bank Institute.
    4. Y. M. Kukushkina, 0. "Interrelation of regional integration of global value chains," International Trade and Trade Policy, ФГБОУ ВО "Ð Ð¾Ñ Ñ Ð¸Ð¹Ñ ÐºÐ¸Ð¹ Ñ ÐºÐ¾Ð½Ð¾Ð¼Ð¸Ñ‡ÐµÑ ÐºÐ¸Ð¹ ÑƒÐ½Ð¸Ð²ÐµÑ€Ñ Ð¸Ñ‚ÐµÑ‚ им. Г.Ð’. Плеханова", issue 4.
    5. Gáspár, Tamás & Antalóczy, Katalin & Sass, Magdolna, 2021. "A gyógyszeripari értéklánc sajátosságai Magyarországon [The characteristics of the pharmaceutical value chain in Hungary]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 645-673.
    6. Enrique Gilles, 2015. "Una medición del valor agregado generado por las exportaciones colombianas," Documentos de Trabajo EAN 12975, Universidad EAN.
    7. Satoshi Inomata, 2014. "Trade in value added: concept, development, and an East Asian perspective," Chapters, in: Richard Baldwin & Masahiro Kawai & Ganeshan Wignaraja (ed.), A World Trade Organization for the 21st Century, chapter 3, pages 48-70, Edward Elgar Publishing.
    8. Hubert Escaith, 2014. "Mapping global value chains and measuring trade in tasks," Chapters, in: Benno Ferrarini & David Hummels (ed.), Asia and Global Production Networks, chapter 9, pages 287-337, Edward Elgar Publishing.
    9. Kaveri Deb & William R. Hauk, 2017. "RCA indices, multinational production and the Ricardian trade model," International Economics and Economic Policy, Springer, vol. 14(1), pages 1-25, January.
    10. Meng, Bo & Xue, Jinjun & Feng, Kuishuang & Guan, Dabo & Fu, Xue, 2013. "China’s inter-regional spillover of carbon emissions and domestic supply chains," Energy Policy, Elsevier, vol. 61(C), pages 1305-1321.
    11. Bullón, David & Mena, Tayutic & Meng, Bo & Sánchez, Natalia & Vargas, Henry & Inomata, Satoshi, 2015. "Using the input-output approach to measure participation in GVCs : the case of Costa Rica," IDE Discussion Papers 529, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    12. Katalin Antalóczy & Tamás Gáspár & Magdolna Sass, 2019. "The Specialties of the Pharmaceutical Value Chains in Hungary," Acta Oeconomica, Akadémiai Kiadó, Hungary, vol. 69(supplemen), pages 41-72, December.

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    More about this item

    Keywords

    International trade; International economic integration; Industrial management; Trade in value added; Value chain; Vertical specialization; Comparative advantage;
    All these keywords.

    JEL classification:

    • C6 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling
    • F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure

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