Tracing Value-Added and Double Counting in Gross Exports

• 成果类型: Article
• 署名作者: Koopman, Robert; Wang, Zhi; Wei, Shang-Jin
• 署名单位: Columbia University; National Bureau of Economic Research
• 刊物名称: AMERICAN ECONOMIC REVIEW
• ISSN/ISSBN: 0002-8282
• DOI: 10.1257/aer.104.2.459
• 发表日期: 2014
• 页码: 459-494
• 关键词: vertical specialization; world-trade; explain; GROWTH

摘要

This paper proposes an accounting framework that breaks up a country's gross exports into various value-added components by source and additional double-counted terms. Our parsimonious framework bridges a gap between official trade statistics (in gross value terms) and national accounts (in value-added terms), and integrates all previous measures of vertical specialization and value-added trade in the literature into a unified framework. To illustrate the potential of such a method, we present a number of applications including re-computing revealed comparative advantages and the magnifying impact of multi-stage production on trade costs. (JEL E01, E16, F14, F23, L14)