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Vertical Trade Maps
Author(s) -
Ferrarini Benno
Publication year - 2013
Publication title -
asian economic journal
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.345
H-Index - 28
eISSN - 1467-8381
pISSN - 1351-3958
DOI - 10.1111/asej.12005
Subject(s) - production (economics) , index (typography) , economics , product (mathematics) , international trade , bilateral trade , economic geography , world trade , international economics , business , computer science , geography , macroeconomics , mathematics , china , geometry , archaeology , world wide web
We develop a method to map global network production and vertical trade. Based on product‐level trade data across a matrix of 75 countries, an index measures the intensity of bilateral vertical trade and a force‐directed algorithm lays it out for visualization as a world map of production networks. Three major hubs in the global networks are identified: the USA , G ermany and C hina– J apan. Outside Asia and apart from Mexico, mainly because of its maquiladoras network ties to the USA , we find that developing countries are not yet fully part of the global production networks.