Working Paper Series (SD/WP/01/May 2015): Measuring Trade in Value Added: Concepts, Estimation and Analysis

Working Paper Series (SD/WP/01/May 2015): Measuring Trade in Value Added: Concepts, Estimation and Analysis

Date: 
Thursday, May 28, 2015
Type: 
Public information and advocacy materials
Abstract

The Working Paper Series on "Measuring Trade in Value Added: Concepts, Estimation and Analysis" aims to introduce the topic of Trade in Value Added (TiVA) and present the initial analysis of TiVA for selected regional ESCAP economies. The Paper introduces Global Value Chains (GVCs) and issues for the measurement of trade statistics due to the advent of GVCs. It further presents the TiVA estimation methodology, as defined in the literature, and talks about the data requirements for estimation. The paper reviews the current initiatives in the realm of TiVA estimation and data availability with the perspective of the Asia-Pacific region. The Paper concludes with a TiVA analysis of selected regional ESCAP economies that are available in the current data sources. The aim of ESCAP is not to duplicate efforts and develop new TiVA databases, but to use the available information and present the results from an Asia-Pacific perspective.

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