Review of International Economics· 2015Q1· Review
An Illustrated User Guide to the World Input–Output Database: the Case of Global Automotive Production
- 2,445citations
- Q1SCImago
- 2015year
Short summary
This guide illustrates how to prudently use the World Input–Output Database (WIOD) for international trade analysis, highlighting its strengths and weaknesses.
AI-generated from the title and abstract; the full text is not read.
Key points
- The WIOD offers annual time-series data from 1995-2011 for global input-output tables and factor requirements.
- The guide explains the database's construction, concepts, and data sources, including its strengths and weaknesses.
- Analysis of global automotive production using WIOD shows increasing geographical and factorial fragmentation.
- Potential improvements and extensions for the WIOD are discussed.
AI-generated from the title and abstract; the full text is not read.
Abstract
Abstract This article provides guidance to prudent use of the World Input–Output Database ( WIOD ) in analyses of international trade. The WIOD contains annual time‐series of world input–output tables and factor requirements covering the period from 1995 to 2011. Underlying concepts, construction methods and data sources are introduced, pointing out particular strengths and weaknesses. We illustrate its usefulness by analyzing the geographical and factorial distribution of value added in global automotive production and show increasing fragmentation, both within and across regions. Possible improvements and extensions to the data are discussed.
The authors' abstract, as published at the source. Review of International Economics, 2015 · DOI ↗
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Field: General Economics, Econometrics and Finance
General Economics, Econometrics and FinanceEconomics, Econometrics and Finance