The Great Collapse in Value Added Trade

被引：32
|
作者：
Nagengast, Arne J. [1 ]
Stehrer, Robert [2 ]
机构：
[1] Deutsch Bundesbank, Frankfurt, Germany
[2] Vienna Inst Int Econ Studies wiiw, Vienna, Austria
来源：
REVIEW OF INTERNATIONAL ECONOMICS | 2016年 / 24卷 / 02期
关键词：
STRUCTURAL DECOMPOSITION ANALYSIS; INPUT-OUTPUT TABLES; INTERNATIONAL-TRADE; INTERMEDIATE INPUTS; CREDIT CONSTRAINTS; VERTICAL LINKAGES; CRISIS; EXPORTS; FIRMS; MULTIPLIERS;
D O I：
10.1111/roie.12218
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
This paper studies the great collapse in value added trade using a structural decomposition analysis. We show that changes in vertical specialization accounted for more than 40% of the great trade collapse. Second, we find that the drop in the overall level of demand accounted for roughly a quarter of the decline in value added exports while just under one third was due to compositional changes in final demand. Finally, we demonstrate that the dichotomy between services and manufacturing sectors observed in gross exports during the great trade collapse is not apparent in value added trade data.
引用
收藏
页码：392 / 421
页数：30
相关论文
共 50 条
  • [1] The Great Trade Collapse
    Bems, Rudolfs
    Johnson, Robert C.
    Yi, Kei-Mu
    [J]. ANNUAL REVIEW OF ECONOMICS, VOL 5, 2013, 5 : 375 - 400
  • [2] Trade Finance and the Great Trade Collapse
    Ahn, JaeBin
    Amiti, Mary
    Weinstein, David E.
    [J]. AMERICAN ECONOMIC REVIEW, 2011, 101 (03): : 298 - 302
  • [3] Quality and the Great Trade Collapse
    Chen, Natalie
    Juvenal, Luciana
    [J]. JOURNAL OF DEVELOPMENT ECONOMICS, 2018, 135 : 59 - 76
  • [4] The great synchronization of international trade collapse
    Antonakakis, Nikolaos
    [J]. ECONOMICS LETTERS, 2012, 117 (03) : 608 - 614
  • [5] The great trade collapse and Indian firms
    Chakraborty, Pavel
    [J]. WORLD ECONOMY, 2018, 41 (01): : 100 - 125
  • [6] Trade barriers and the collapse of world trade during the Great Depression
    Madsen, JB
    [J]. SOUTHERN ECONOMIC JOURNAL, 2001, 67 (04) : 848 - 868
  • [7] THE GREAT TRADE COLLAPSE: AN EVALUATION OF COMPETING STORIES
    Yilmazkuday, Hakan
    [J]. MACROECONOMIC DYNAMICS, 2021, 25 (04) : 1053 - 1089
  • [8] Networks of Value-added Trade
    Amador, Joao
    Cabral, Sonia
    [J]. WORLD ECONOMY, 2017, 40 (07): : 1291 - 1313
  • [9] BEYOND CONVENTIONAL TRADE: TRADE OPENNESS IMPLICATIONS OF TRADE IN VALUE ADDED
    Yanikkaya, Halit
    Altun, Abdullah
    [J]. SINGAPORE ECONOMIC REVIEW, 2021, 66 (04): : 973 - 995
  • [10] Trade in Value Added and Its Impact on the Czech Foreign Trade
    Fojtikova, Lenka
    Vahalik, Bohdan
    [J]. PROCEEDINGS OF THE 3RD INTERNATIONAL CONFERENCE ON EUROPEAN INTEGRATION 2016 (ICEI 2016), 2016, : 229 - 238
12345