Firms, Organization and Global Value Chains in International Trade: Transactional Trade Data and the Fragmentation of Production in China

2015 ◽  
Author(s):  
Mark Dallas
Keyword(s):  
International Trade ◽  
Global Value Chains ◽  
Value Chains ◽  
Trade Data ◽  
Fragmentation Of Production

scholarly journals Patterns of external insertion in global value chains: a comparative analysis between Brazil and China

2022 ◽  
Vol 42 (1) ◽  
pp. 172-191
Author(s):  
Caroline Giusti de Araújo ◽  
Antonio Carlos Diegues
Keyword(s):  
Developing Countries ◽  
International Trade ◽  
Comparative Analysis ◽  
Global Value Chains ◽  
Value Chains ◽  
Comparative Advantages ◽  
Technological Clusters ◽  
Fragmentation Of Production ◽  
And Control ◽  
Technological Intensity

ABSTRACT The international trade literature has shown the benefits of the international fragmentation of production for developing countries. However, there are considerations about the hierarchy and control in Global Value Chains (GVCs). Thus, this research aims to evaluate the Brazilian and Chinese international insertion in GVCs by proposing an index about technological sophistication in exports (qtech) by technological intensity for 2005-2015. The results pointed out that the integration in GVCs and technological sophistication have been directed towards technological clusters in which Brazil has revealed comparative advantages, while China has been moving towards technological clusters with dynamic comparative advantages.

International trade: Research of the reasons for the fall

2019 ◽  
pp. 79-91 ◽  
Author(s):  
V. S. Nazarov ◽  
S. S. Lazaryan ◽  
I. V. Nikonov ◽  
A. I. Votinov
Keyword(s):  
Growth Rate ◽  
International Trade ◽  
Exchange Rate ◽  
Global Economy ◽  
Structural Changes ◽  
Global Value Chains ◽  
Value Chains ◽  
Negative Contribution ◽  
Basic Commodity ◽  
The Impact

The article assesses the impact of various factors on the growth rate of international trade. Many experts interpreted the cross-border flows of goods decline against the backdrop of a growing global economy as an alarming sign that indicates a slowdown in the processes of globalization. To determine the reasons for the dynamics of international trade, the decompositions of its growth rate were carried out and allowed to single out the effect of the dollar exchange rate, the commodities prices and global value chains on the change in the volume of trade. As a result, it was discovered that the most part of the dynamics of international trade is due to fluctuations in the exchange rate of the dollar and prices for basic commodity groups. The negative contribution of trade within global value chains in 2014 was also revealed. During the investigated period (2000—2014), such a picture was observed only in the crisis periods, which may indicate the beginning of structural changes in the world trade.

Russia–ASEAN: Trade and Global Value Chains

2015 ◽  
pp. 25-39
Author(s):  
K. Muradov
Keyword(s):  
South Korea ◽  
Value Chain ◽  
Bilateral Trade ◽  
Value Added ◽  
Global Value Chains ◽  
Trade Flows ◽  
Value Chains ◽  
Trade Data ◽  
Traded Goods ◽  
Trade In Value Added

Traditional trade statistics that originate in customs records is inadequate to measure the complex interdependencies in today’s globalized economy, or what is known as the global value chains. The article focuses on Russia–ASEAN trade. The author applies innovative methods of measuring trade in value added terms in order to capture the unobserved bilateral linkages behind the officially recorded trade flows. First, customs and balance of payments sources of bilateral trade data are briefly reviewed. For user, there are at least two inherent problems in those data: the inconsistencies in “mirror” trade flows and the attribution of the origin of a traded product wholly to the exporting country. This results in large discrepancies between Russian and ASEAN “mirror” trade data and, arguably, their low importance as each other’s trade partners. Next, the author explores new data from inter-country input-output tables that necessarily reconcile bilateral differences and offer greater detail about the national and sectoral origin or destination of traded goods and services. Relevant data are derived from the OECD-WTO TiVA database and are rearranged to obtain various estimates of Russia–ASEAN trade in value added in 2009. The main finding is that sizable amount of the value added of Russian origin is embodied in third countries’ exports to ASEAN members and ASEAN members’ exports to third countries. As a result, the cumulative flow of Russia’s value added to ASEAN members is estimated to be 62% larger than the direct gross exports, whereas for China and South Korea it is, respectively, 21% and 23% smaller. The indirect, unobserved value added flows can be largely explained by the use of Russian energy resources, chemicals and metals as imported inputs in third countries (China, South Korea) and ASEAN members’ own production. The contribution of these inputs is then accumulated along the value chain. Finally, the most important sectoral value chains are visualized for readers’ convenience. So far, it’s apparent that Russia is linked to ASEAN countries through intricate production networks and indirectly contributes to their trade with third countries.

scholarly journals Low-carbon development via greening global value chains: a case study of Belarus

2020 ◽  
Vol 476 (2239) ◽  
pp. 20200024
Author(s):  
Huiqing Wang ◽  
Yixin Hu ◽  
Heran Zheng ◽  
Yuli Shan ◽  
Song Qing ◽  
...  
Keyword(s):  
International Trade ◽  
Energy Consumption ◽  
Carbon Emissions ◽  
Clean Energy ◽  
Global Value Chains ◽  
Value Chains ◽  
Energy Structure ◽  
Low Carbon ◽  
Low Carbon Development ◽  
Plastic Products

The rise of global value chains (GCVs) has seen the transfer of carbon emissions embodied in every step of international trade. Building a coordinated, inclusive and green GCV can be an effective and efficient way to achieve carbon emissions mitigation targets for countries that participate highly in GCVs. In this paper, we first describe the energy consumption as well as the territorial and consumption-based carbon emissions of Belarus and its regions from 2010 to 2017. The results show that Belarus has a relatively clean energy structure with 75% of Belarus' energy consumption coming from imported natural gas. The ‘chemical, rubber and plastic products' sector has expanded significantly over the past few years; its territorial-based emissions increased 10-fold from 2011 to 2014, with the ‘food processing' sector displaying the largest increase in consumption-based emissions. An analysis of regional emissions accounts shows that there is significant regional heterogeneity in Belarus with Mogilev, Gomel and Vitebsk having more energy-intensive manufacturing industries. We then analysed the changes in Belarus' international trade as well as its emission impacts. The results show that Belarus has changed from a net carbon exporter in 2011 to a net carbon importer in 2014. Countries along the Belt and Road Initiative, such as Russia, China, Ukraine, Poland and Kazakhstan, are the main trading partners and carbon emission importers/exporters for Belarus. ‘Construction’ and ‘chemical, rubber and plastic products' are two major emission-importing sectors in Belarus, while ‘electricity' and ‘ferrous metals' are the primary emission-exporting sectors. Possible low-carbon development pathways are discussed for Belarus through the perspectives of global supply and the value chain.

scholarly journals CADEIAS GLOBAIS DE VALOR (CGV): A FRAGMENTAÇÃO DO PROCESSO PRODUTIVO CONFORME A ORGANIZAÇÃO MUNDIAL DO COMÉRCIO

2019 ◽  
Vol 4 (57) ◽  
pp. 399
Author(s):  
Joana STELZER ◽  
Silvano Denega SOUZA ◽  
Adrielle Betina I. OLIVEIRA
Keyword(s):  
World Trade Organization ◽  
World Trade ◽  
Global Value Chains ◽  
Value Chains ◽  
Commodity Chain ◽  
Economic Policies ◽  
The World ◽  
Productive Process ◽  
Fragmentation Of Production ◽  
Economy Globalization

RESUMOObjetivo: O artigo visa identificar a aparição e a abordagem das CGV (Cadeias Globais de Valor) no âmbito da Organização Mundial do Comércio (OMC), tendo em vista a aparente alteração na plasticidade do comércio internacional e, por consequência, na economia mundial. A globalização nos tempos atuais pode ser compreendida como uma fragmentação da produção, em que o processo produtivo de uma mercadoria (ou serviço) é concebido em etapas, porém, executadas em diversos Estados.Metodologia: A metodologia utilizada é dedutiva com abordagem qualitativa e a pesquisa desenvolve-se por meio de bibliografias.  Resultados: O destaque do principal resultado é a possibilidade de identificar características distintas entre Cadeias de Commodities, passando pela Cadeia de Commodities Global, até se alcançar as Cadeias Globais de Valor. Revela, também, que o avanço das CGV tem-se mostrado positivo, mormente no que tange às repercussões observadas nas políticas comerciais e econômicas dos Estados.Contribuições: Como principal contribuição, o artigo apresenta uma análise do cenário internacional no que tange ao comércio e sua nova forma de transacionar, sobretudo com Estados não desenvolvidos. Partindo-se da análise do CGV e sua relação com a Organização Mundial do Comércio,  a revelação desse emergente modelo foi flagrada, ademais, na insistente inserção dos termos CGV e Global Value Chains nos documentos e relatórios da Organização Mundial do Comércio, especialmente com maior intensidade a partir de 2014.PALAVRAS-CHAVES: Tributo; responsabilidade tributária; terceiros.  ABSTRACTObjective: To identify the appearance and approach of GVCs (Global Value Chains) within the World Trade Organization (WTO), in view of the apparent change in the plasticity of international trade and, consequently, in the world economy. Globalization in the present times can be understood as a fragmentation of production, in which the productive process of a commodity (or service) is conceived in stages, but executed in several States.Methodology: The methodology used is deductive with qualitative approach and the research is developed via bibliographies.Results: The highlight of the main result is the ability to identify distinct characteristics between Commodity Chains, going through the Global Commodity Chain, until reaching Global Value Chains. It also reveals that the advancement of GVCs has been positive, especially regarding the repercussions observed in the commercial and economic policies of the States.Contributions: As the main contribution, the article presents an analysis of the international scenario regarding trade and its new way of trading, especially with undeveloped States. Based on the analysis of the GVC and its relationship with the  World Trade Organization, the revelation of this emerging model was also caught in the insistent insertion of the terms GVC and Global Value Chains in World Trade Organization documents and reports, especially with greater emphasis. Intensity as of 2014.KEYWORDS: Tax; tax liability; third parties.

scholarly journals CORONAVIRUS BIAS OF THE MODERN WORLD ECONOMY : SCALES , RISKS, CONSEQUENCES

2021 ◽  
Vol 7 (1) ◽  
pp. 5-17
Author(s):  
E. N. Smirnov
Keyword(s):  
Economic Growth ◽  
International Economic ◽  
Foreign Direct Investment ◽  
International Trade ◽  
Direct Investment ◽  
World Economy ◽  
Global Value Chains ◽  
Value Chains ◽  
Modern World ◽  
Economic Relations

The objective of our article is to analyze the risks of a new coronavirus pandemic with impact on the dynamics of the modern world economy, as well as to assess the corresponding consequences and risks that will lead to the formation of a new model for organizing interactions in international trade, foreign direct investment and a revision of the determinants of global economic growth. The nature of the impact of the current pandemic on the existing system of international economic relations, in contrast to the previous global crises, is unprecedentedly tough, which has led to a number of contradictions in the development of global value chains, international trade flows, and  the  transformation  of  external  financing  conditions.  The  author  believes  that  the  most important  challenge  of  the  pandemic  is  not  only  the  recovery  of  the  economy  and  economic activity, maintaining the growth rate of labor productivity, but also in preventing the growth of inequality, in shaping the ability to manage global risks and imbalances. The trends towards the localization of international trade and the repatriation of global  value chains act as a risk of a significant slowdown in international exchange, which contradicts the canons and strategies for the development of foreign economic relations  of those countries  that ensured their economic growth by expanding participation in international trade and attracting foreign direct investment. According to the author, a new wave of international economic cooperation between countries can bring a new impetus to the development of international trade, capital movement and the dynamics of economic mobility.

Artificial Intelligence (AI) and the future of international trade

2020 ◽  
pp. 71-79
Author(s):  
O. Vikulova ◽  
D. Gornostaeva
Keyword(s):  
Artificial Intelligence ◽  
International Trade ◽  
Global Economy ◽  
Global Value Chains ◽  
Social Consequences ◽  
Value Chains ◽  
The Social ◽  
The Future ◽  
The Impact

Based on the latest foreign sources, the article examines the impact of Artifi cial Intelligence and related robotics and automatization on the global economy, international trade, global value chains, the motivation and activities of companies, especially TNCs, the activities of the WTO, as well as the social consequences of these processes.

scholarly journals The CEECs in global value chains: The role of Germany

2018 ◽  
Vol 68 (1) ◽  
pp. 1-29 ◽  
Author(s):  
Łukasz Ambroziak
Keyword(s):  
Value Added ◽  
Global Value Chains ◽  
European Countries ◽  
Value Chains ◽  
Eastern European ◽  
The Czech Republic ◽  
Eastern European Countries ◽  
Fragmentation Of Production ◽  
Backward Linkages

This paper aims to present the role of Germany in the global value chains (GVCs) of 10 Central and Eastern European countries (CEECs) in 1995–2011. GVCs, being a result of the fragmentation of production processes, have changed the nature of economic globalisation. The study covers five Central European countries (CECs) (the Czech Republic, Hungary, Poland, Slovakia and Slovenia), the three Baltic States (Estonia, Lithuania and Latvia) as well as Bulgaria and Romania. Germany is chosen because it is the main trading partner of the majority of the CEECs. The illustration of the position of Germany in GVCs of the CEECs is based on trade statistics in value added terms. The research results show that Germany has become an engine of increasing integration of the CECs in the GVCs. The role of Germany as a supplier of inputs to the CECs’ exports (backward linkages) is larger than its role as an exporter of value added originating from the CECs (forward linkages).

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