Politická ekonomie 2017, 65(5):562-582 | DOI: 10.18267/j.polek.1162

©truktúrna dekompozícia globálnych hodnotových re»azcov: slovenská ekonomika v medzinárodnom porovnaní

Martin Lábaj
Martin Lábaj (martin.labaj@euba.sk), Ekonomická univerzita v Bratislave, Národohospodárska fakulta. Ekonomický ústav SAV

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

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.

Keywords: global value chains, structural decomposition, input-output model, Slovak economy
JEL classification: C67, F14, R15

Published: October 1, 2017  Show citation

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Lábaj, M. (2017). Structural Decomposition of Global Value Chains: Slovak Economy in an International Context. Politická ekonomie, 65(5), 562-582. doi: 10.18267/j.polek.1162
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