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GTAP-VA: An Integrated Tool for Global Value Chain Analysis

Author

Listed:
  • Alessandro Antimiani
  • Luca Salvatici
  • Ilaria Fusacchia

Abstract

Global Value Chains (GVCs) have transformed production across a broad range of goods and services worldwide. New trade statistics are required in order to perform a more accurate analysis of trade flows through their decomposition in terms of value-added content, distinguished according to the sector/region of origin/destination. Our approach traces value added embedded in trade flows back to its origin or forward to its destination in a Computable General Equilibrium (CGE) model. A new module (available as a download with this paper) is introduced to the Global Trade Analysis Project (GTAP) model and used in a stylized scenario with 3 regions (the United States, the European Union and the Rest of the World) and 3 sectors (Manufactures, Agrifood and Services) where a free trade area between the European Union and the United States is simulated. Results show that the new version of the model (GTAP-VA) makes a useful contribution to trade policy analysis.

Suggested Citation

  • Alessandro Antimiani & Luca Salvatici & Ilaria Fusacchia, 2018. "GTAP-VA: An Integrated Tool for Global Value Chain Analysis," Journal of Global Economic Analysis, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, vol. 3(2), pages 69-105, December.
    • Handle: RePEc:gta:jnlgea:v:3:y:2018:i:2:p:69-105
    DOI: http://dx.doi.org/10.21642/JGEA.030202AF
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    References listed on IDEAS

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    Cited by:

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    2. Ilaria Fusacchia & Jean Balié & Luca Salvatici, 2022. "The AfCFTA impact on agricultural and food trade: a value added perspective," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 49(1), pages 237-284.
    3. Augusto Mussi Alvim & Eduardo Rodrigues Sanguinet, 2021. "Climate Change Policies and the Carbon Tax Effect on Meat and Dairy Industries in Brazil," Sustainability, MDPI, vol. 13(16), pages 1-20, August.
    4. Muhammad Zeshan, 2021. "Double-hit scenario of Covid-19 and global value chains," Environment, Development and Sustainability: A Multidisciplinary Approach to the Theory and Practice of Sustainable Development, Springer, vol. 23(6), pages 8559-8572, June.
    5. Costantini, Valeria & Fusacchia, Ilaria & Paglialunga, Elena & Salvatici, Luca, 2020. "A dynamic CGE GTAP-type model to assess linkages between trade and climate change policies," Conference papers 333208, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    6. Nenci, Silvia & Fusacchia, Ilaria & Giunta, Anna & Montalbano, Pierluigi & Pietrobelli, Carlo, 2022. "Mapping global value chain participation and positioning in agriculture and food: stylised facts, empirical evidence and critical issues," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 11(2), July.
    7. Ilaria Fusacchia & Luca Salvatici & L Alan Winters, 2022. "The consequences of the Trade and Cooperation Agreement for the UK’s international trade," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 38(1), pages 27-49.
    8. Fusacchia, Ilaria & Salvatici, Luca & Velazquez, Beatriz, 2022. "Differences between GTAP and TiVA trade in value added indicators and implications for value chain analysis," Conference papers 333414, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    9. Stéphan Marette & Vincent Réquillart, 2020. "Dietary models and challenges for economics," Review of Agricultural, Food and Environmental Studies, Springer, vol. 101(1), pages 5-22, October.
    10. Ilaria Fusacchia & Alessandro Antimiani & Luca Salvatici, 2021. "An assessment of import tariff costs for Italian exporting firms," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 38(1), pages 31-56, April.

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