The Netherlands has experienced a persistent and relatively large current account surplus since the 1970s. In recent years the surplus has increased, reaching a historically high level of 8.5% of GDP in 2013. →
The use of the GTAP and WIOD databases to calculate trade in value added provides valuable information that can be compared with the traditional gross trade statistics. →
The use of the GTAP and WIOD databases to calculate trade in value added provides valuable information that can be compared with the traditional gross trade statistics. →
The increasing importance of global supply chains has prompted the use of analytical tools based on trade in value added – instead of traditional measures in gross value. →
The increasing importance of global supply chains has prompted the use of analytical tools based on trade in value added – instead of traditional measures in gross value. →
Recent trade-in-tasks models suggest that relative low-skill wages (in rich high-skill abundant countries) may increase when low-skill tasks are offshored. →
