U.S.E. Seminar with Gaaitzen de Vries of University of Groningen. His expertise is International Economics and Development Economics.
This seminar is titled: Measuring International Production Fragmentation and Its Impact on Global
Abstract: We propose a novel measure of fragmentation based on all imports made along the global value chain (GVC). We implement it for 2,600 GVCs using a new series of world input-output tables at constant prices. We document continued international fragmentation in production of goods as well as services during 2000-2014. Services production accounts for more than half of global intermediate imports. We show that fragmentation increased the elasticity of imports to global GDP by 0.47 points before 2008 and 0.20 points after.
Gaaitzen de Vries is an associate professor at the department of Global Economics and Management of the University of Groningen, and special-term visiting professor of Global Value Chains at the University of International Business and Economics in Beijing. Gaaitzen is also frequently active as an consultant and advisor for various organizations, including UN, OECD, ING, etc.
His research is mostly on topics in the fields of International Economics and Development Economics. He (co-) authored articles that appeared in renowned international journals such as the American Economic Review, the Journal of Economic Perspectives, and Economic Policy.