A Portrait of Trade in Value-Added over Four Decades

被引:161
作者
Johnson, Robert C. [1 ,2 ]
Noguera, Guillermo [3 ,4 ]
机构
[1] Dartmouth Coll, Hanover, NH 03755 USA
[2] NBER, Cambridge, MA 02138 USA
[3] Univ Warwick, Coventry, W Midlands, England
[4] CAGE, London, England
关键词
GLOBAL VALUE CHAINS; EXPORTS; ECONOMY; GRAVITY;
D O I
10.1162/REST_a_00665
中图分类号
F [经济];
学科分类号
02 ;
摘要
We combine data on trade, production, and input use to document changes in the value-added content of trade between 1970 and 2009. The ratio of value-added to gross exports fell by roughly 10 percentage points worldwide. The ratio declined 20 percentage points in manufacturing, but rose in nonmanufacturing sectors. Declines also differ across countries and trade partners: they are larger for fast-growing countries, for nearby trade partners, and among partners that adopt regional trade agreements. Using a multisector structural gravity model with input-output linkages, we show that changes in trade frictions play a dominant role in explaining all these facts.
引用
收藏
页码:896 / 911
页数:16
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