Commonwealth Trade Hot Topics

ISSN: 
2071-9914 (online)
DOI: 
10.14217/20719914
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The Trade Hot Topics series provides concise and informative analyses of various trade and trade-related issues which are prepared both by Commonwealth Secretariat and international experts.
 

Connectivity and Global Value Chain Participation

Cost and Capability Considerations You or your institution have access to this content

English
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Author(s):
Ben Shepherd1, Jodie Keane, Poorvi Goel2
Author Affiliations
  • 1: Developing Trade Consultants Ltd., United States

  • 2: Commonwealth Secretariat, United Kingdom

23 Sep 2016
Bibliographic information
No.:
136
Pages:
8
DOI: 
10.14217/5jlr21n0m80q-en

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This issue of Commonwealth Trade Hot Topics presents new findings from an up-to-date empirical analysis of trade costs across Commonwealth member countries and their subsequent interaction with Global Value Chain (GVC) participation, as currently defined. Focusing on small states in the Pacific, Caribbean and sub-Saharan Africa (SSA), the analysis first uses a metric which provides an overall indication of trade costs derived from a global trade costs database across sectors and then between countries. Subsequently, it explores GVC participation based on analysis of changes in value added in exports. Finally, it analyses institutional variables related to logistic capabilities which can be directly influenced by policy.
Keywords:
Caribbean, global value chains, small states, intra-Commonwealth trade, Sub-Saharan Africa, trade costs, Pacific, connectivity
JEL Classification:
  • F13: International Economics / Trade / Trade Policy ; International Trade Organizations
  • F14: International Economics / Trade / Empirical Studies of Trade
  • F15: International Economics / Trade / Economic Integration
  • O11: Economic Development, Innovation, Technological Change, and Growth / Economic Development / Macroeconomic Analyses of Economic Development