Tracing Value-Added and Double Counting in Gross Exports: Comment

作者：Bart Los, Marcel P. Timmer, Gaaitzen J. de Vries · 发表于：American Economic Review · 年份：2016 · DOI：10.1257/aer.20140883 · 被引用次数：239 · 研究领域：Global trade and economics、Economic and Technological Innovation、Monetary Policy and Economic Impact

In a recent contribution to the AER, Koopman, Wang, and Wei (2014) proposed a decomposition of a country's gross exports into value-added components and double-counted terms. It is motivated by complex manipulation of basic accounting identities. In this comment we provide an alternative framework based on “hypothetical extraction.” This parsimonious approach provides a clear definition of domestic value added in exports and has a natural extension into decompositions of bilateral export flows. (JEL E01, E16, F14, F23, L14)