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Global value trees

Global value trees

Zhu, Zhen ORCID: 0000-0003-0258-1454, Puliga, Michelangelo, Cerina, Federica, Chessa, Alessandro and Riccaboni, Massimo (2015) Global value trees. PLoS ONE, 10 (5):e0126699. ISSN 1932-6203 (Online) (doi:https://doi.org/10.1371/journal.pone.0126699)

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Abstract

The fragmentation of production across countries has become an important feature of the globalization in recent decades and is often conceptualized by the term “global value chains” (GVCs). When empirically investigating the GVCs, previous studies are mainly interested in knowing how global the GVCs are rather than how the GVCs look like. From a complex networks perspective, we use the World Input-Output Database (WIOD) to study the evolution of the global production system. We find that the industry-level GVCs are indeed not chain-like but are better characterized by the tree topology. Hence, we compute the global value trees (GVTs) for all the industries available in the WIOD. Moreover, we compute an industry importance measure based on the GVTs and compare it with other network centrality measures. Finally, we discuss some future applications of the GVTs.

Item Type: Article
Additional Information: Copyright: © 2015 Zhu et al. This is an open access article distributed under the terms of the Creative Commons Attribution License, which permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited.
Uncontrolled Keywords: global value chains; networks; tree
Faculty / School / Research Centre / Research Group: Faculty of Business
Faculty of Business > Networks and Urban Systems Centre (NUSC) > Centre for Business Network Analysis (CBNA)
Faculty of Business > Department of International Business & Economics
Last Modified: 19 Apr 2020 12:17
URI: http://gala.gre.ac.uk/id/eprint/18546

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