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
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