Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 23 February 2019

Abstract and Keywords

Fragmentation of production is posing new challenges to the analysis and measurement of productivity. Traditional approaches focus on firms, industries, or countries as the unit of analysis. This chapter argues that studies of global value chains (GVCs) are needed in situations where production is fragmented across firms and geographical borders. The chapter outlines how existing tools for measuring productivity, factor substitution, and (biased) technological change can be modified to analyze GVC production. A key concept is a production function where final output is generated based on factor inputs only, including both domestic as well as foreign factors. The chapter outlines what type of data would be needed and provides illustrative analyses of GVCs of manufacturing products based on the WIOD (world input-output database).

Keywords: productivity, production fragmentation, technological change, factor substitution, global value chains

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.