Give Credit Where Credit Is Due: Tracing Value Added in Global Production Chains

The views in the paper are solely those of the authors and may not reflect the views of the USITC, its Commissioners, or of any other organization that the authors are affiliated with. The authors thank participants of OECD-World Bank workshop "New metrics for global value chain analysis" in Paris, IEFS China 2010 Conference in Beijing, and seminar at Purdue University for helpful comments and suggestions. The authors are particularly grateful for the constructive discussion with Dr. Kei-Mu Yi at the Federal Reserve Bank of Philadelphia in developing the two-country cases and the relationship between our new measures of vertical specialization and the original HIY measures. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.

• September 29, 2010
• March 1, 2011