Book

World Bank Books

Trade in Value Added: Developing New Measures of Cross-Border Trade

Labels can be deceptive. �Made in Country X� means little when a product is made of parts from different countries. Indeed, trade in intermediate products has exploded and is now as much as three-quarters of all world trade. But standard trade statistics still measure international trade in gross value terms. Trade economists and
policymakers increasingly recognise the need to measure trade in value added terms and to understand the structure of global value chains which lies behind gross trade statistics.
In this volume, we take stock of these developments based on a body of active
and expanding research. First, we explore the implications for economic policies �
affecting trade, employment, growth and the environment � of the fact that much of
the value added in a country�s exports is likely to come from other countries. Second,
we examine several approaches to estimating domestic and foreign value added in
a country�s exports (and imports). Third, we propose modifications in national and
international statistical infrastructure to better measure trade in value added.
In this evolving field, the volume will provide a framework to compare existing
approaches and an inspiration for new approaches.

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Wang, Z, S www.nber.org/~wei and A Mattoo (eds) (2013), ‘Trade in Value Added: Developing New Measures of Cross-Border Trade‘, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

Citation

Wang, Z, S www.nber.org/~wei and A Mattoo (2013), ‘Measuring Trade in Value Added when Production is Fragmented across Countries: An Overview‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

Citation

Yamano, N and S Miroudot (2013), ‘Towards the Measurement of Trade in Value-Added Terms: Policy Rationale and Methodological Challenges‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

Citation

Grossman, G (2013), ‘The Importance of Measuring Trade in Value Added: Imperatives from International Trade Theory‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

Citation

Dean, J (2013), ‘The Importance of Measuring Trade in Value Added: Why Measuring Value-Added Trade Matters for Developing Countries‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

Citation

Salgado, R and M Saito (2013), ‘The Importance of Measuring Trade in Value Added: Implications for Macroeconomic Policy‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

Citation

Noguera, G and R Johnson (2013), ‘Accounting for Intermediates: Production Sharing and Trade in Value Added‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

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Wang, Z, S www.nber.org/~wei and R Koopman (2013), ‘Estimating Domestic Content in Exports when Processing Trade Is Pervasive‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

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www.nber.org/~wei, S, R Koopman, Z Wang and J De La Cruz (2013), ‘Foreign and Domestic Content in Mexico’s Manufacturing Exports‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

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Taglioni, D and R Baldwin (2013), ‘Gravity Chains: Estimating Bilateral Trade Flows when Trade in Components and Parts Is Important‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

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Maggioni, D, S Araújo, A Lo Turco and N Ahmad (2013), ‘Using Trade Microdata to Improve Trade in Value-Added Measures: Proof of Concept Using Turkish Data‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

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Meng, B, N Yamano and S Inomata (2013), ‘Developing International Input–Output Databases: IDE-JETRO and OECD Experiences‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

Citation

Wang, Z, N Yamano and N Ahmad (2013), ‘A Three-Stage Reconciliation Method to Construct a Time Series International Input–Output Database‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

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Sturgeon, T, P Nielsen, G Gereffi, G Linden and C Brown (2013), ‘Direct Measurement of Global Value Chains: Collecting Product- and Firm-Level Statistics on Value Added and Business Function Ou‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

Citation

Maurer, A (2013), ‘Integrating Value-Added Trade Statistics into the System of National Accounts: erspectives from the World Trade Organization‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

Citation

Jansen, R (2013), ‘Integrating Value-Added Trade Statistics into the System of National Accounts: Perspectives from the United Nations‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

Citation

Ahmad, N (2013), ‘Integrating Value-Added Trade Statistics into the System of National Accounts: Perspectives from the Organisation of Economic C‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade

Citation

Yuskavage, R (2013), ‘Integrating Value-Added Trade Statistics into the System of National Accounts: Perspectives from the US Bureau of Economic Analy‘, in Wang, Z, S www.nber.org/~wei and A Mattoo (eds), Trade in Value Added: Developing New Measures of Cross-Border Trade, CEPR Press, Paris & London. https://cepr.org/publications/books-and-reports/trade-value-added-developing-new-measures-cross-border-trade