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What is the potential for job growth in Africa under participation in global value chains (GVCs)? In this study the concept of GVC jobs is introduced which tracks the number of jobs associated with GVC production of goods. A novel decomposition approach is used to account for GVC jobs by three...
Persistent link: https://www.econbiz.de/10012113815
From its inception, the Penn World Tables (PWT), building on the International Comparisons Program (ICP) of the United Nations, has sought to compare the standard of living of individuals in different countries. That is, the term "real GDP per capita" as reported in the PWT is intended to...
Persistent link: https://www.econbiz.de/10012552615
Using newly developed data, the evolution of job and productivity growth in global value chains (GVCs) is analyzed for 25 low- and middle-income countries. GVC jobs are found to be more productive than non-GVC jobs. Their share in the total labor force is small, in particular for low-income...
Persistent link: https://www.econbiz.de/10015113232
This paper aims at estimating the economic vulnerability of developing countries to disruptions in global value chains (GVCs) due to the COVID-19 pandemic. It uses data on trade in value-added for a sample of 12 developing countries in sub-Saharan Africa, Asia and Latin America to assess their...
Persistent link: https://www.econbiz.de/10012318573