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The impact of global supply chains on trade : Towards a measure of trade in value added and implications for trade policy. APEC Conference “Building APEC Economies ’ Capacities of Employing Input-Output T ables for Advanced E conomic Modeling ” 24-25 November 2011, Singapore .
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Towards a measure of trade in value added
and implications for trade policy
APEC Conference “Building APEC Economies’ Capacities of Employing Input-Output Tables for Advanced Economic Modeling”
24-25 November 2011, Singapore
Christophe Degain, WTO
International consumer demand
Emergence of “Trade in tasks”:
Lower applied tariffs
and trade policy incentives
Global supply chains and world trade
Development of infrastructure
and technological progress
Need for new statistical
measures of international trade
Export processing zones
Outsourcing and offshoring strategies
and Foreign Direct Investment (FDI)
Use and impact for trade
analysis and policy
Export processing zones (EPZs) account for about 20 % of total merchandise exports of developing economies
(2006 or most recent year)
economies with EPZs
Sources: ILO and WTO
Intermediate goods dominate world non-fuel merchandise exports
Billions of US$
Sources: UNSD and WTO
US exports of private services, 1999-2010 (Millions of US$)
Source: US BOP
Source: Mengand Miroudot
Source: WTO, based on Shih S. , Business Week (May 16, 2005)
Source: Meng and Miroudot, based on Xing and Detert (2010)
Estimating the effective protection of sectoral domestic value added
Source: Diakantoni and Escaith, WTO (forthcoming 2012).
Preliminary data, based on WTO tariffs and IDE-JETRO input-output databases
Sectoral transmission of a supply-driven shock emanating from the Japanese industries
(selected countries and sectors, 2008)
Notes: a/ Percentage increase in sectoral domestic production costs resulting from a 30 per cent raise in
the price of intermediate inputs imported from Japan. Results higher than 2% are highlighted in red.
b/ Simple average.
Source: adapted from Escaith and Gonguet, (2011), based on IDE-JETRO Asian Input-Output tables.