生产(经济)
经济
全球价值链
价值(数学)
商业周期
工作(物理)
最终需求
产业组织
经济地理学
国际贸易
微观经济学
宏观经济学
比较优势
计算机科学
机器学习
工程类
机械工程
作者
Zhi Wang,Shang‐Jin Wei,Xinding Yu,Kunfu Zhu
标识
DOI:10.1016/j.jimonfin.2022.102643
摘要
Global Value Chains (GVCs) now represent a key aspect of economic interdependence across countries. This paper makes two methodological contributions. First, it proposes a framework with which to decompose total production activities at the country, sector, or country-sector level into different types depending on whether they are for pure domestic demand, traditional international trade, simple GVC activities, and complex GVC activities. Second, this work proposes a set of GVC participation indices that improves on measures used in the literature. Upon applying this framework to Inter-Country Input-Output Tables, we find a number of interesting patterns connecting value chains and business cycles. First, the composition of global production has evolved dramatically since 1995. Second, production activities of complex GVC activities comove with global business cycles more than other types of production activities. Third, the level of GVC participation affects the performance of economic growth.
科研通智能强力驱动
Strongly Powered by AbleSci AI