Trying to find good estimates on how large proportion of the world trade takes place in value chains. Any ideas? Many studies seem to use this input-output database, but I've had difficulties trying to find out how reliable the input-output data is. http://www.wiod.org/home
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I think UNCTAD WIR 1999 original source: "Trade within TNCs & arm’s length trade associated w TNCs estimated at 2/3 of world trade, & intra-firm trade, alone 1/3." - I asked John Neighbour, he said couldn't remember but plausible for 2002 article (i.e. misunderstanding)
ttps://www.cgdev.org/publication/can-stopping-tax-dodging-multinational-enterprises-close-gap-development-finance (P25)pic.twitter.com/rRGSxQDDsO
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Apologies for what may seem obvious Qs - I'm not a statistician or economist and admire how they work. But in this case are there really the data sources to allow robust estimates. Does, for instance intra-firm trade in the EU get recorded? Are there agreed intl definitions?
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I have no idea how this particular sausage is made. The person to ask is
@SteveMacfeely (but he doesn't seem to tweet much ;-) ) - 1 more reply
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