Russian Industry in Global Value-Added Chains

Capturing the Gains in Global Value Chains: Trade in Intermediates and Value Added Erosion

Many countries in 1995-2008 have experienced what we call “value added erosion”, which describes the phenomenon of the decline in the shares of domestic value added in a country’s exports as the country becomes more integrated into the Global Value Chains (GVCs). We argue that the decline of domestic value added share in a country’s exports is likely to be caused by the expansion of high value-...

Follow the Value Added: Tracking Bilateral Relations in Global Value Chains

Following the spread of global value chains new statistical tools, the InterCountry Input-Output tables, and new analytical frameworks have been recently developed to provide an adequate representation of supply and demand linkages among the economies. Koopman, Wang and Wei propose an innovative accounting methodology to decompose a country’s total gross exports by source and final destination ...

Value Chains, Networks, and Clusters: Reframing the Global Automotive Industry

In this paper we apply global value chain (GVC) analysis to recent trends in the global automotive industry, with special attention paid to the case of North America. We use the three main elements of the GVC framework — firm-level chain governance, power, and institutions — to highlight some of the defining characteristics of this important industry. First, national political institutions crea...

Value Added Erosion in Global Value Chains: An Empirical Assessment JoséCaraballo

Many countries in 1995-2008 have experienced what we call the “valueadded erosion”, which describes the phenomenon of the decline in the sectoral shares of domestic value-added in a country’s exports as the country becomes more integrated into the Global Value Chains (GVCs). We argue that the decline of domestic value added share in a country’s exports is likely to be caused by the expansion of...

Measuring Value Added in the Pensions Industry