Implications of Global Value Chains for Trade Statistics and Trade Policy

Degain, Christophe; Maurer, Andreas

doi:10.1142/9789814656368_0002

Cited by 8 publications

(11 citation statements)

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“…In fact, the international fragmentation of production process has stalled since 2011 and global demand has shifted towards services for which production processes are much less trade intensive than goods. Degain et al (2017) report that the 2008 global financial crisis seems to have had a structural impact not only on the economic growth but also on the patterns of trade. It is stated that unlike the 1997 Asian financial crisis, the 2008 global financial crisis resulted in large negative impacts on both the level and the growth of trade.…”

Section: Introductionmentioning

confidence: 99%

Exports and imports in Turkey: A regime‐switching approach

Türkvatan

2022

World Economy

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In this study, we apply Markov regime‐switching models to various foreign trade variables with the aim of characterising the behaviour of the growth of exports and imports in Turkey. The results indicate that the forecasting performance of the proposed Markov regime‐switching models is much better than that of the random walk benchmark except for the growth of import values. However, for the growth of export volumes, the proposed Markov regime‐switching model always outperforms the random walk benchmark. Furthermore, we investigate whether the growth regimes of exports and imports can be associated with the growth regimes of world trade volumes, world trade prices and industrial production by introducing a probability score and comparing the regime probabilities. The results indicate that world trade prices are more closely related to import values than they are to export values except for low growth regime of export values. In fact, low growth regime of export values is strongly associated with low growth regime of world trade prices. On the contrary, normal growth regime of export volumes is closely related to high growth regime of world trade volumes. Moreover, world trade volumes and industrial production are more closely related to import values and import volumes than they are to export values in all regimes. Actually, low growth regimes of import values and import volumes are strongly associated with low growth regime of industrial production.

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Section: Introductionmentioning

confidence: 99%

Exports and imports in Turkey: A regime‐switching approach

Türkvatan

2022

World Economy

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“…In the last few decades, agricultural value chains have become more and more internationally integrated due to advancements in technology, reduction in transportation costs, and market liberalization (Degain & Maurer, ). These global trends have altered the agricultural industry and increased trade in many countries over the past few decades.…”

Section: Introductionmentioning

confidence: 99%

The role of institutional quality on the performance in the export of coconut products

Lin

Flachsbarth

Cramon‐Taubadel

2020

Agricultural Economics

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The literature that addresses the role of institutions in bilateral trade is extensive. However, research that links institutional quality to specific products and their different levels of value addition is lacking. In this study, we look into institutional quality, based on three indicators from the World Bank's world governance indicators, and its indicator‐specific effects on bilateral coconut trade. In particular, we study coconut products with varying degrees of value addition. We use structural gravity models to measure how institutions affect the trade performance of the top 26 coconut producing countries to the top 15 importing economies over the years 1996–2016. Our results suggest that increased government effectiveness enhances trade of high‐value products, whereas better voice and accountability scores decrease trade of coconut products with both levels of value addition. No clear trade effect is observed when two countries are more similar in each of the three indicators. We conclude that each indicator has different trade effects on each of the coconut product categories. We end by giving recommendations that will help to improve the coconut export performance in their respective countries and for future research.

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“…In the last few decades, progressions in technology, reductions in transportation and market liberalization have led to more integrated agricultural value chains on a global scale (Degain and Mauer, 2015). This, together with increasing demands for exotic commodities, such as coconuts, has provided opportunities for many developing countries to participate in global agrifood chains (Trienekens and Willems, 2007).…”

Section: Introductionmentioning

confidence: 99%

Fiji's participation in the global coconut value chain: opportunities and challenges

Lin

2020

JADEE

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PurposeThis paper explores the institutional challenges and opportunities in Fiji's integration into the global value chain. Fiji is naturally endowed with coconut palms across its many islands. However, the coconut sector remains rudimentary with little value-addition. Coconut products of high-value are now being produced and exported throughout the world. While many coconut producing countries have benefitted from this coconut demand surge, Fiji has been unable to benefit from the international market.Design/methodology/approachThis study utilizes a mixed-methods approach to analyze the challenges and opportunities. First, an analysis is done on a macro-level at the link between institutional quality and Fiji's export of coconut products. Then, primary data is collected with semi-structured interviews with key stakeholder groups in regions of Fiji. The goal is to gain an understanding of the perceived challenges and opportunities from each actor.FindingsThe empirical results show that institutional quality matters for Fiji's coconut exports. Increased scores in the government effectiveness and voice and accountability indicators enhance coconut exports from Fiji, suggesting that domestic institutions play an important role. Interviews with key actors reveal that communications among each stakeholder group are fragmented. The main institutional actors and the producers have different perceptions of the industry's challenges, thus resulting in different ideas on how to address the issues.Research limitations/implicationsThis study is limited by the data availability of coconut production and trade volume of more specific products. Furthermore, due to the transportation and weather constraints during our visit to Fiji, certain parts of the island were not accessible.Originality/valueThis paper uses a mixed-methods approach to assess a specific case study.

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Implications of Global Value Chains for Trade Statistics and Trade Policy

Cited by 8 publications

References 0 publications

Exports and imports in Turkey: A regime‐switching approach

Exports and imports in Turkey: A regime‐switching approach

The role of institutional quality on the performance in the export of coconut products

Fiji's participation in the global coconut value chain: opportunities and challenges

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