Origin of value added in final demand (Edition 2018)

Keyword(s):  
2013 ◽  
Author(s):  
João Carlos Lopes ◽  
João Ferreira Do Amaral

The main purpose of this paper is to analyse the structure and evolution of production, employment and human capital in Portugal, using an inter‑industry approach. A descriptive analysis of the sector composition of gross output, value added and employment is made, followed by a quantification of changes in relative labour productivity and primary input content of final demand components. Next, the evolution of employment multipliers is quantified, as well as the structure of labour force qualifications by sector. Although remarkable improvements have been achieved in the past, the low educational levels of its workers, on average, remains one the main vulnerabilities of Portugal in the global and knowledge economy of our days. In this context, the main contribution of the paper is the quantification of human capital requirements of final demand changes by component. Using an input ‑output approach combining sector productivities and labour qualifications, output multipliers and final demand structure, it is possible to quantify the growth in employment by level of qualification resulting from a unitary growth of private and public consumption, investment and exports. This exercise is made for 1995 and 2008, using input‑output domestic flow tables from INE and DPP and employment qualifications from Quadros de Pessoal database.


Author(s):  
Наталья Волгина ◽  
Пэнфэй Лю

В статье представлены особенности участия Китая в глобальной цепочке создания стоимости (далее  ГЦС) по сравнению с крупнейшими мировыми экспортерами. В соответствии с расчетами на основе статистической базы ОЭСР TiVa, авторы приходят к следующим выводам: в последние годы для всех стран было характерно снижение интеграции в ГЦС, при этом, показатели этого снижения для Китая были минимальными; сокращение участия стран в ГЦС напрямую связана с уменьшением доли зарубежной добавленной стоимости в экспорте, причем зависимость Китая от импортируемых промежуточных продуктов снижалась наиболее быстрыми темпами. China’s accession to the WTO has not only entailed China's increased role in the world trade, but has also symbolized the beginning of China’s accelerated integration into the global value chains (GVCs). Initially, China was of interest to developed countries as a location with relatively cheap labor, but gradually its role in the GVC changed, and China became the largest exporter of intermediate goods of final demand in the industrial supply chains, primarily in the automotive and electronics sectors. Thus, it is necessary to evaluate Chinese exports not only and not so much in terms of gross figures, but in terms of value added indicators. The purpose of this work is to evaluate the features of China's participation in GVCs compared with the world's largest exporters such as the USA and Germany. In accordance with the calculations based on the OECD TiVa statistical database, the authors come to the following conclusions: all countries have experienced a decline in GSC integration in recent years, while the rate of the decline for China has been minimal; the decline in countries' participation in GSCs is directly related to the declining share of foreign value added in exports, with China's dependence on imported intermediate products declining most rapidly; at the same time China has increased its share of indirect domestic value added in its exports of intermediate goods by building up its own supply chain. Despite the fact that the countries participation in GVCs is declining, it remains very high, and it is too early to talk about the established trends in de-globalization.


2020 ◽  
Vol 11 (1) ◽  
Author(s):  
Lan Yang ◽  
Yutao Wang ◽  
Ranran Wang ◽  
Jiří Jaromír Klemeš ◽  
Cecília Maria Villas Bôas de Almeida ◽  
...  

Abstract Asia-Pacific (APAC) has been the world’s most dynamic emerging area of economic development and trade in recent decades. Here, we reveal the significant and imbalanced environmental and socio-economic effects of the region’s growths during 1995–2015. Owing to the intra-regional trade of goods and services, APAC economies grew increasingly interdependent in each other’s water and energy use, greenhouse gas (GHG) and PM2.5 emissions, and labor and economic productivity, while the environmental and economic disparity widened within the region. Furthermore, our results highlight APAC’s significant role in globalization. By 2015, APAC was engaged in 50–71% of the virtual flows of water, energy, GHG, PM2.5, labor, and value added embodied in international trade. While the region’s final demand and trade grew less resource- and emissions-intensive, predominantly led by China’s transformations, APAC still lags behind global averages after two decades. More joint efforts of APAC economies and attention to sustainable transformation are needed.


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