Article ID Journal Published Year Pages File Type
963011 Journal of International Economics 2012 13 Pages PDF
Abstract
► We estimate the value added content of trade using a global input-output framework. ► The aggregate value added to export ratio for the median country is roughly 70%. ► Bilateral ratios vary due to production sharing patterns, not export composition. ► Bilateral value added trade imbalances differ from gross trade imbalances. ► The U.S.-China value added imbalance is 30-40% smaller than the gross imbalance.
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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