Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/154103
Authors: 
Lejour, Arjan
Rojas-Romagosa, Hugo
Veenendaal, Paul
Year of Publication: 
2014
Series/Report no.: 
ECB Working Paper 1670
Abstract: 
The increasing importance of global supply chains has prompted the use of analytical tools based on trade in value added – instead of traditional measures in gross value. We use this analytical framework to develop indicators that identify hubs and spokes in international supply chains. Using these indicators and the Global Trade Analysis Project (GTAP) databases we identify the importance of redirected value added trade and the hub and spoke relationships at the aggregate level and for specific highly integrated industries.
Subjects: 
global input-output tables
global supply chains
hubs and spokes
Trade in value added
Vertical specialization
JEL: 
F1
C67
D57
Document Type: 
Working Paper

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