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Measurement of Global Value Chain (GVC) Participation in World Development Report 2020

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  • Dutta, Sourish

Abstract

As we can understand with the spread of GVCs, a lot of new questions emerge regarding the measurement of participation and positioning in the globalised production process. The World Development Report (WDR) 2020 explains the GVC phenomenon and then focus on participation and the prospects especially in a world of change in technology. From the overview section, we can figure out that nowadays, goods and services flow across borders as intermediate inputs rather than final goods. In traditional trade, we need two countries with the notions of export and import. However, in GVC trade, the goods and services cross borders multiple times requiring more than two countries. Remarkable improvements in information, communication, and transport technologies have made it possible to fragment production across national boundaries. So the question is: how to conceptualise this type of new trade to justify the measurement of participation.

Suggested Citation

  • Dutta, Sourish, 2020. "Measurement of Global Value Chain (GVC) Participation in World Development Report 2020," MPRA Paper 105222, University Library of Munich, Germany, revised 09 Jan 2021.
    • Handle: RePEc:pra:mprapa:105222
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    References listed on IDEAS

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    JEL classification:

    • F0 - International Economics - - General
    • F1 - International Economics - - Trade
    • F2 - International Economics - - International Factor Movements and International Business

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