01849cas a2200253 a 4500 AALejournalIMF017181 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475545456 1018-5941 BD-DhAAL BD-DhAAL Boddin, Dominik. The Role of Newly Industrialized Economies in Global Value Chains / Dominik Boddin. Washington, D.C. : International Monetary Fund, 2016. 1 online resource (37 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students In light of increased vertical specialization and the dominance of trade in intermediates rather than final goods, this paper seeks to raise awareness of the limitations of traditional trade measures on a gross output basis. To do so, this paper uses the WIOD, a world input output table, as an alternative trade measure to analyze the role of six newly industrialized economies in global value chains. The differences between measures on a gross output basis and value added basis are striking. Export shares measured by both methods differed by more than 20 percent for some industries. These findings highlight the need for more sophisticated world input output data to form a better understanding of global trade dynamics and country interdependencies. Mode of access: Internet China, People's Republic of imf IMF Working Papers; Working Paper ; No. 2016/207 Full text available on IMF http://elibrary.imf.org/view/journals/001/2016/207/001.2016.issue-207-en.xml IMF e-Library