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Replication data for: Five Facts about Value-Added Exports and Implications for Macroeconomics and Trade Research

Version
V0
Resource Type
Dataset
Creator
  • Johnson, Robert C.
Publication Date
2014-01-01
Description
  • Abstract

    Due to the rise of global supply chains, gross exports do not accurately measure the amount of value added exchanged between countries. I highlight five facts about differences between gross and value-added exports. These differences are large and growing over time, currently around 25 percent, and manufacturing trade looks more important, relative to services, in gross than value-added terms. These differences are also heterogenous across countries and bilateral partners, and changing unevenly across countries and partners over time. Taking these differences into account enables researchers to obtain better quantitative answers to important macroeconomic and trade questions. I discuss how the facts inform analysis of the transmission of shocks across countries; the mechanics of trade balance adjustments; the impact of frictions on trade; the role of endowments and comparative advantage; and trade policy.
Availability
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Relations
  • Is supplemented by
    DOI: 10.1257/jep.28.2.119 (Text)
Publications
  • Johnson, Robert C. “Five Facts about Value-Added Exports and Implications for Macroeconomics and Trade Research.” Journal of Economic Perspectives 28, no. 2 (May 2014): 119–42. https://doi.org/10.1257/jep.28.2.119.
    • ID: 10.1257/jep.28.2.119 (DOI)

Update Metadata: 2019-10-12 | Issue Number: 1 | Registration Date: 2019-10-12

Johnson, Robert C. (2014): Replication data for: Five Facts about Value-Added Exports and Implications for Macroeconomics and Trade Research. Version: V0. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset. https://doi.org/10.3886/E113920