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Project Description

Summary:  View help for Summary This paper analyzes aggregation bias in measuring global value chain (GVC) activity -- the bias arising when an entire industry is essentially treated as a single establishment -- by employing novel U.S. Census microdata. We find negative aggregation bias that has worsened between 2002 and 2012. Unlike with industry-level measures, we see little slowdown in GVC integration by U.S. manufacturers during this period. A decomposition reveals most of the increase in the bias is from within establishments with high export and import intensities. Such granular-level measures of GVC will provide further understanding into how economies adjust to increasingly prevalent shocks

Scope of Project

Subject Terms:  View help for Subject Terms international trade; supply chains
JEL Classification:  View help for JEL Classification
      F00 International Economics: General
      F14 Empirical Studies of Trade
Geographic Coverage:  View help for Geographic Coverage USA
Universe:  View help for Universe U.S. Manufacturing Sector
Data Type(s):  View help for Data Type(s) administrative records data; census/enumeration data


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