A Portrait of Trade in Value Added Over Four Decades
In: NBER Working Paper No. w22974
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In: NBER Working Paper No. w22974
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Working paper
In: American economic review, Band 102, Heft 3, S. 407-411
ISSN: 1944-7981
Cross-border production chains tend to include geographically proximate countries. This suggests that increases in fragmentation should be largest among nearby trading partners, and thus may serve to localize gross trade. Using data on gross and value added trade from 1970-2009, we present three results supporting this conjecture. First, value added to export ratios are lower and falling more rapidly within geographic regions than between them. Second, gross trade travels shorter distances from source to destination than value added trade, and this gap is growing over time. Third, bilateral value added to export ratios have fallen most among nearby trading partners.
In: Journal of international economics, Band 86, Heft 2, S. 224-236
ISSN: 0022-1996
In: NBER Working Paper No. w18186
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