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Should-Read: João Amador and Sónia Cabral: Networks of Value-Added Trade

Should-Read: João Amador and Sónia Cabral: Networks of Value-Added Trade: “Global Value Chains have become the paradigm…

…Bilateral gross trade flows no longer accurately represent interconnections among countries…. Examine… the profile of Germany, the US, China and Russia as suppliers of value added…. We took the World Input-Output Database (Timmer et al. 2015) and used network analysis…. Domestic and foreign value added are combined to produce exports…. In each year, the GVC is represented as a directed network of nodes (40 countries) and edges (value-added flows between them)…

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Should-Read: João Amador and Sónia Cabral: Networks of Value-Added Trade

January 17, 2017

AUTHORS:

January 17, 2017

AUTHORS:

U.S. economic mobility trends and outcomes

U.S. income and wealth inequality are no longer increasing, but a return to the equitable levels of the mid-20th century isn’t likely anytime soon