Consistency of micro- and macro-level data on global value chains: Evidence from selected European countries

Giunta, Anna; Montalbano, Pierluigi; Nenci, Silvia

doi:10.1016/j.inteco.2022.05.005

Cited by 7 publications

(5 citation statements)

References 42 publications

(55 reference statements)

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“…Recent developments in international trade literature have attempted to shed light on the interrelation between trade policies and trade patterns within regional and GVCs. GVC-trade policy nexus is bidirectional: the reduction in trade barriers has been identified as one of the determinants of the spread and diffusion of GVCs (Antràs, 2020a) and, conversely, the global fragmentation of production influences trade policy (Goldberg and Pavcnik, 2016;Blanchard et al, 2016).…”

Section: Trade Policies and Gvcsmentioning

confidence: 99%

Mapping global value chain participation and positioning in agriculture and food: stylised facts, empirical evidence and critical issues

Nenci

Fusacchia²,

Giunta³

et al. 2022

BAE

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This paper aims to overview the recent body of empirical work on the importance of Global Value Chains (GVCs) in international production and trade. We begin by reviewing different approaches and levels of GVC analysis. We then consider developments in methods and data. Focusing on the agriculture and food sector, we present a map of GVC measures - at the country and sectoral level - computed using trade in value added data to allow researchers to better assess the countries’ engagement in GVCs. We also apply this data to show some stylized facts on GVC participation and positioning in agriculture and food and provide empirical evidence of the economic impact of the GVCs on these sectors. We conclude with some critical issues and speculative thoughts regarding the future of GVCs.

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Section: Trade Policies and Gvcsmentioning

confidence: 99%

Mapping global value chain participation and positioning in agriculture and food: stylised facts, empirical evidence and critical issues

Nenci

Fusacchia²,

Giunta³

et al. 2022

BAE

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“…As stated by Johnson (2018), these macro and micro approaches to measuring GVCs have advanced on parallel tracks, heading in the same direction but with limited overlap. However, there is scope for convergence: micro-data can improve the inputoutput approach by unveiling heterogeneity in GVC linkages across firms, whereas input-output analysis can strengthen micro-quantifications that are affected by the chronic scarcity of firmlevel data (Giunta et al, 2019).…”

Section: Datamentioning

confidence: 99%

The effects of global value chain (GVC) participation on the economic growth of the agricultural and food sectors

Nenci¹,

Montalbano²

2020

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“…Such production fragmentation means that intermediate goods cross borders multiple times along the chain, often passing through many countries more than once. However, researchers have struggled to develop a coherent empirical portrait of GVCs (Giunta et al., 2022; Johnson, 2018). One reason is that national income accounts are designed to capture traditional trade and economic activities and do not provide adequate information on GVCs.…”

Section: Introductionmentioning

confidence: 99%

“…Giunta et al. (2022) is closest to our study as it investigates the degree of consistency and fungibility of micro and macro sources of GVC data of European countries. The authors find that macro‐based GVC measures can replace micro measures.…”

Section: Introductionmentioning

confidence: 99%

“…A related exercise has been done by Van Biesebroeck and Mensah (2019) in Africa, although using macro-level data. Giunta et al (2022) is closest to our study as it investigates the degree of consistency and fungibility of micro and macro sources of GVC data of European countries. The authors find that macro-based GVC measures can replace micro measures.…”

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

An analysis of value chain trade in Africa

Montfaucon,

Nigatu,

Kraido Majune

2023

World Economy

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Africa's participation in global value chains (GVCs) is not well documented compared with the developed world. Clearly understanding GVC participation levels is critical to enable evidence‐based policy. This paper uses two sources of data to assess Africa's GVC participation and empirically estimates determinants of GVC participation across the data sets. The analysis relies on databases based on customs‐level data (firm and country) and firm survey data from which measures of GVCs are constructed. We find that aggregate GVC data mask disparities, as Africa's proportion of firms participating in GVCs is comparable to other regions, but Africa's GVC trade is much lower. A common theme in the multi‐country empirical results is the positive relationship between political stability and GVC participation of African countries. For single‐country analyses, the consistent result is that FDI is positively associated with backward GVC participation, both at the firm level and country level of analysis. This highlights how much institutions and the need to attract FDI are relevant in promoting Africa's future engagements in GVCs. The consistency in GVC participation rates across the two data sets at the country level indicates their suitability in GVC studies in Africa and expanding their country coverage can enable policymakers to make informed decisions.

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Consistency of micro- and macro-level data on global value chains: Evidence from selected European countries

Cited by 7 publications

References 42 publications

Mapping global value chain participation and positioning in agriculture and food: stylised facts, empirical evidence and critical issues

Mapping global value chain participation and positioning in agriculture and food: stylised facts, empirical evidence and critical issues

The effects of global value chain (GVC) participation on the economic growth of the agricultural and food sectors

An analysis of value chain trade in Africa

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