Tracing Value-Added and Double Counting in Gross Exports: Comment
成果类型:
Article
署名作者:
Los, Bart; Timmer, Marcel P.; de Vries, Gaaitzen J.
署名单位:
University of Groningen
刊物名称:
AMERICAN ECONOMIC REVIEW
ISSN/ISSBN:
0002-8282
DOI:
10.1257/aer.20140883
发表日期:
2016
页码:
1958-1966
关键词:
trade
摘要:
In a recent contribution to the AER, Koopman, Wang, and Wei (2014) proposed a decomposition of a country's gross exports into value-added components and double-counted terms. It is motivated by complex manipulation of basic accounting identities. In this comment we provide an alternative framework based on hypothetical extraction. This parsimonious approach provides a clear definition of domestic value added in exports and has a natural extension into decompositions of bilateral export flows.