The increasing importance of global supply chains has prompted the use of analytical tools based on trade in value added u2013 instead of traditional measures in gross value. We use this analytical framework to develop indicators that identify hubs and spokes in international supply chains. Using these indicators and the Global Trade Analysis Project (GTAP) databases we identify the importance of redirected value added trade and the hub and spoke relationships at the aggregate level and for specific highly integrated industries.
展开▼
