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Title:Globalization and trade flows: What you see is not what you get! PDF Logo
Authors:Maurer, Andreas
Degain, Christophe
Issue Date:2010
Series/Report no.:WTO Staff Working Paper ERSD-2010-12
Abstract:The trade collapse that followed the recent financial crisis has led to a renewed interest on the measurement issues affecting international merchandise trade statistics in the new globalized economy. The international fragmentation of industrial production blurs the concept of country of origin and calls for the production of new statistics on the domestic content of exports, with a view of estimating trade in value added. Alongside, the international statistical community has revised in 2010 the concepts and definitions on both, international merchandise trade and trade in services statistics. This paper discusses the various issues related to the concepts of goods for processing and intra firm trade in trade statistics, and provides an overview of the method of analysing the impact of the fragmentation of production in international value chains.
Subjects:trade statistics
goods for processing
intra-firm trade
trade in intermediate products
trade in value added
JEL:C49
F13
F23
F49
Document Type:Working Paper
Appears in Collections:WTO Staff Working Papers, Economic Research and Statistics Division, WTO

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