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Mapping the Commonwealth Countries’ Participation in Global Value Chains

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  • Escaith, Hubert
  • Khorana, Sangeeta

Abstract

This background paper provides a general picture of the characteristics and dynamics of Global Value Chains (GVC) in the Commonwealth countries. The main building blocks of the empirical analysis are based on a measure of inter-industrial linkages between and across between 43 of the 53 Commonwealth countries and sectors for which data were available. Using a trade network perspective, it measures the international flows of value-added and assesses countries’ position within GVCs. After calculating a series of in-depth GVC indica-tors, the paper assesses the potential for trade creation within the Commonwealth communi-ty. This review is complemented by several suggestions of policy and enabling measures aimed at facilitating the participation of those countries that are at the lower end of the val-ue chain.

Suggested Citation

  • Escaith, Hubert & Khorana, Sangeeta, 2020. "Mapping the Commonwealth Countries’ Participation in Global Value Chains," MPRA Paper 104441, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:104441
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    References listed on IDEAS

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    More about this item

    Keywords

    Trade; Commonwealth; input-output; global value chains; inter-industry linkages; trade complementarity; regional trade agreements;
    All these keywords.

    JEL classification:

    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F15 - International Economics - - Trade - - - Economic Integration
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • O19 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - International Linkages to Development; Role of International Organizations
    • O24 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Trade Policy; Factor Movement; Foreign Exchange Policy

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