Countries and Sectors in Global Value Chains
Production of goods and services has increasingly globalized since the 1970s but is hard to measure. Standard approaches either overstate the degree of backward integration or underestimate the involvement of some industries, especially services, in Global Value Chain (GVC) activity. To correct thes...
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| Other Authors: | , |
| Format: | eBook |
| Language: | English |
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Washington, D.C
The World Bank
2021
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| Collection: | World Bank E-Library Archive - Collection details see MPG.ReNa |
| Summary: | Production of goods and services has increasingly globalized since the 1970s but is hard to measure. Standard approaches either overstate the degree of backward integration or underestimate the involvement of some industries, especially services, in Global Value Chain (GVC) activity. To correct these biases, this paper proposes a novel comprehensive method to measure GVC participation using Inter-Country Input-Output (ICIO) linkages in both trade and output and presents the related database available on the World Integrated Trade Solution website of the World Bank |
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| Physical Description: | 36 pages |