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GTAP Resource #3915

"The Value-added Structure of Gross Exports: Measuring Revealed Comparative Advantage by Domestic Content in Exports "
by Koopman, Bob, Zhi Wang and Shang-Jin Wei


Abstract
The Value-added Structure of Gross Exports:
Measuring Revealed Comparative Advantage by Domestic Content in Exports

This paper first refines a methodology in Koopman, PWW (2011) that completely decomposes a country‘s gross exports into its value-added components. By identifying which parts of such value-added are ―multiple counted,‖ it bridges official trade statistics and national accounts, making measure of trade consistent with SNA standard.

We implement the decomposition on a database of global production and trade covering sixty-two countries/regions and forty-one industries from version 8 of the Global Trade Analysis Project (GTAP) database for 2007 with additional processing trade information from China and Mexico. We re-compute the Revealed Comparative Advantage index at the country-sector level for all the countries and sectors in our database using domestic content in exports and compare them with Revealed Comparative Advantage index based on traditional trade statistics.

That is all the abstract I was given. Hopefully since this is part of a work program underway at both the International Trade Commission and Columbia over a number of years and already presented at GTAP conferences, it will be sufficient.
The Value-added Structure of Gross Exports:
Measuring Revealed Comparative Advantage by Domestic Content in Exports

This paper first refines a methodology in Koopman, PWW (2011) that completely decomposes a country‘s gross exports into its value-added components. By identifying which parts of such value-added are ―multiple counted,‖ it bridges official trade statistics and national accounts, making measure of trade consistent with SNA standard.

We implement the decomposition on a database of global production and trade covering sixty-two countries/regions and forty-one industries from version 8 of the Global Trade Analysis Project (GTAP) database for 2007 with additional processing trade information from Ch...


Resource Details (Export Citation) GTAP Keywords
Category: 2012 Conference Paper
Status: Published
By/In: Presented at the 15th Annual Conference on Global Economic Analysis, Geneva, Switzerland
Date: 2012
Version:
Created: Koopman, B. (4/30/2012)
Updated: Koopman, B. (4/30/2012)
Visits: 1,573
- Economic development
- Calibration and parameter estimation
- The GTAP Data Base and extensions


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