Structural Decomposition of Global Value Chains: Slovak Economy in an International Context Cover Image

Štruktúrna dekompozícia globálnych hodnotových reťazcov: slovenská ekonomika v medzinárodnom porovnaní
Structural Decomposition of Global Value Chains: Slovak Economy in an International Context

Author(s): Martin Lábaj
Subject(s): Social Sciences, Economy
Published by: Vysoká škola ekonomická v Praze
Keywords: global value chains; structural decomposition; input-output model; Slovak economy

Summary/Abstract: The intensification of globalization and fragmentation of production processes requires new approaches that allow as us capture complex linkaged between industries and national economies. In this article, we show how input-output analysis based on World input-output tables can be employed to analyze the complex relations in the economy. Using structural decomposition analysis, we analyze the sources of value added and employment changes in choosen countries in pre-crisis period. We show the importance of trade with intermediate goods and participation in global value chains on value added and employment creation.

  • Issue Year: 65/2017
  • Issue No: 5
  • Page Range: 562-582
  • Page Count: 21
  • Language: Slovak