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