measuring costa rica´s participation in gvc´s -...
TRANSCRIPT
![Page 1: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/1.jpg)
Measuring Costa Rica´s participation in GVC´s
Departament of Macroeconomic Statistics ICMTEG, Aguascalientes, México
Sep-Oct, 2014
![Page 2: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/2.jpg)
OUTLINE
• Costa Rica in GVC´s • Research goals based on international IOT • Construction of international IOT • Results for Costa Rica.
2
![Page 3: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/3.jpg)
Rol of Costa Rica in GVC´s
• What do we know? • Where we are
3
![Page 4: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/4.jpg)
Integration of Costa Rica to TiVA Initiative and other initiatives (Dynemp, STI Outlook) to track upgrading towards knowledge based activities and productive transformation.
Technical Guidance to Costa Rica's participation in global value chains and TiVA Initiative.
Technical assistance to include Costa Rica´s IO table in an international IO table and research to better understand the way in which Costa Rican firms interact with the main international players in GVCs.
Mapping Costa Rica´s position and upgrading trajectories in electronics, medical devices, aeronautic/aerospace and offshoring services GVCs
Technical assistance to build a firm level database that integrates trade statistics with other variables to analyze the performance of firms that integrate in GVCs
Strengthening the innovation ecosystem to drive the upgrading towards knowledge-based activities.
Strengthening Costa Rica’s Knowledge Base on GVCs
4
![Page 5: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/5.jpg)
There are three mayor networks but Latin America participation is limited
Sourse: OECD Inter-country I-O model, 2011
North America Europe Asia
5
![Page 6: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/6.jpg)
Trade and Investment
Source: COMEX, using PROCOMER data.
Source: COMEX based on Central Bank data.
* Data for 2013 are based on estimates
024681012141618
0
1
1
2
2
3
3
1990 1993 1996 1999 2002 2005 2008 2011
Expo
rts
US$
Bill
ions
FDI
U
S$ B
illio
ns
FDI inflows and exports (1990-2013*)
FDITotal Exports
0
1
1
2
2
3
3
1990 1993 1996 1999 2002 2005 2008 2011
US$
Bill
ions
FDI inflows (1990-2013*)
02468
101214161820
1990 1993 1996 1999 2002 2005 2008 2011
US$
Bill
ions
Composition of exports (1990-2013*)
Service exports
Merchandise exports
Source: COMEX based on Central Bank and PROCOMER data.
6
![Page 7: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/7.jpg)
Costa Rica’s Participation in GVCs
62,9%
37,1%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2012
Costa Rica: Participation of GVC-related exports in total exports 2012
Other GVC-related exports
57%
35%
6%
1% 1%
GVC-related exports by industry, 2012
Electronics Medical devices
Automotive Film & Broadcasting
Aeronautic/Aerospace
Source: COMEX, based on PROCOMER data. 7
![Page 8: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/8.jpg)
Employment
842 884
1,029
1,178
1,287
511 535
637 716
767
0
200
400
600
800
1000
1200
1400
2008 2009 2010 2011 2012
US
$
FZR wages National wages
Source: PROCOMER
Source: CINDE
Costa Rica: Average monthly wages, FZR vs. the economy at large (2008-2012)
Costa Rica: Employment generated by FDI
2013: 4X 2000
2013: 12X 2000
2013: 44X 2000
Advanced Manufacturing
Life Sciences
Services
8
![Page 9: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/9.jpg)
Research goals based on international IOT
1. Trade in Value Added • Participation in GVC has been documented (gross trade). • The “Made in the World” initiative of the WTO promoted the
concept of Trade in Value Added (TiVA). • Through TiVA there is a better understanding of the country
contribution to GVC´s (more consistent with the management of the GDP)
• Questions: • To what extent Costa Rica participate in the global economy in
terms of trade in value added? • How does it change the relationship with our trade partners? • What are the implications of these changes for our trade policy?
10
![Page 10: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/10.jpg)
Research goals based on international IOT
2. Comparative advantages • Based on the CGV’s the “trade of tasks” is predominant which
drives development countries to develop comparative advantages easily.
• Trade in value added statistics provide a new opportunity to measure the comparative advantages of the country.
• Questions • How competitive are the Costarican industries?
• What are the comparative advantage characteristics of the industries in terms of TiVA?
• What industries does Costa Rica have advantages on? • Which ones are developing advantages and what are the policies to
strengthen those advantages?
11
![Page 11: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/11.jpg)
Research goals based on international IOT
3. Exports breakdown • The international IOT allows to breakdown the exports in its various components. • To understand the participation of Costa Rica in the global production it is crucial
to measure the domestic component and to what extend it provides to the global production.
• Questions:
•¿How to breakdown the gross exlports value in its various components?
• What is the domestic component of the exports and how it compares to other countries?
• How that domestic component fit in the global production?
12
![Page 12: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/12.jpg)
Construction of international IOT
• Main goal: – To integrate the domestic input-output table into
the international input-output table (WIOD)
13
![Page 13: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/13.jpg)
Construction of international IOT
Indo
nesi
a
Mal
aysi
a
Phili
ppin
es
Sing
apor
e
Thai
land
Chin
a
Taiw
an
Kor
ea
Japa
n
U.S
.A.
Indo
nesi
a
Mal
aysi
a
Phili
ppin
es
Sing
apor
e
Thai
land
Chin
a
Taiw
an
Kor
ea
Japa
n
U.S
.A.
Expo
rt to
H.K
ong
Expo
rt to
Indi
a
Expo
rt to
EU
Expo
rt to
R.O
.W.
Dis
crep
ancy
Tota
l Out
puts
code (AI) (AM)(AP) (AS) (AT)(AC)(AN)(AK) (AJ) (AU) (FI) (FM) (FP) (FS) (FT) (FC) (FN) (FK) (FJ) (FU) (LH) (LG) (LO)(LW)(QX) (XX)Indonesia (AI) A II A IM A IP A IS A IT A IC A IN A IK A IJ A IU F II F IM F IP F IS F IT F IC F IN F IK F IJ F IU L IH L IG L IO L IW Q I X I
Malaysia (AM) A MI A MM A MP A MS A MT A MC A MN A MK A MJ A MU F MI F MM F MP F MS F MT F MC F MN F MK F MJ F MU L MH L MG L MO L MW Q M X M
Philippines (AP) A PI A PM A PP A PS A PT A PC A PN A PK A PJ A PU F PI F PM F PP F PS F PT F PC F PN F PK F PJ F PU L PH L PG L PO L PW Q P X P
Singapore (AS) A SI A SM A SP A SS A ST A SC A SN A SK A SJ A SU F SI F SM F SP F SS F ST F SC F SN F SK F SJ F SU L SH L SG L SO L SW Q S X S
Thailand (AT) A TI A TM A TP A TS A TT A TC A TN A TK A TJ A TU F TI F TM F TP F TS F TT F TC F TN F TK F TJ F TU L TH L TG L TO L TW Q T X T
China (AC) A CI A CM A CP A CS A CT A CC A CN A CK A CJ A CU F CI F CM F CP F CS F CT F CC F CN F CK F CJ F CU L CH L CG L CO L CW Q C X C
Taiwan (AN) A NI A NM A NP A NS A NT A NC A NN A NK A NJ A NU F NI F NM F NP F NS F NT F NC F NN F NK F NJ F NU L NH L NG L NO L NW Q N X N
Korea (AK) A KI A KM A KP A KS A KT A KC A KN A KK A KJ A KU F KI F KM F KP F KS F KT F KC F KN F KK F KJ F KU L KH L KG L KO L KW Q K X K
Japan (AJ) A JI A JM A JP A JS A JT A JC A JN A JK A JJ A JU F JI F JM F JP F JS F JT F JC F JN F JK F JJ F JU L JH L JG L JO L JW Q J X J
U.S.A. (AU) A UI A UM A UP A US A UT A UC A UN A UK A UJ A UU F UI F UM F UP F US F UT F UC F UN F UK F UJ F UU L UH L UG L UO L UW Q U X U
Freight and Insurance (BF) BA I BA M BA P BA S BA T BA C BA N BA K BA J BA U BF I BF M BF P BF S BF T BF C BF N BF K BF J BF U
Import from H. Kong (CH) A HI A HM A HP A HS A HT A HC A HN A HK A HJ A HU F HI F HM F HP F HS F HT F HC F HN F HK F HJ F HU
Import from India (GH) A GI A GM A GP A GS A GT A GC A GN A GK A GJ A GU F GI F GM F GP F GS F GT F GC F GN F GK F GJ F GU
Import from EU (CO) A OI A OM A OP A OS A OT A OC A ON A OK A OJ A OU F OI F OM F OP F OS F OT F OC F ON F OK F OJ F OU
Import from the R.O.W. (CW) A WI A WM A WP A WS A WT A WC A WN A WK A WJ A WU F WI F WM F WP F WS F WT F WC F WN F WK F WJ F WU
(DT) DA I DA MDA P DA S DA T DA CDA NDA K DA J DA U DF I DF M DF P DF S DF T DF C DF N DF K DF J DF U
Value Added (VV) V I V M V P V S V T V C V N V K V J V U
Total Inputs (XX) X I X M X P X S X T X C X N X K X J X U
Duties & Import Taxes
Intermediate Demand (A) Final Demand (F) Export (L)
Ad(producer's price)
Fd(producer's price)
Exports
Am(CIF price)
Fm(CIF price)
V
Costa Rica´s domestic OIT
International IOT (WIOD)
35 sectors 42 countries
14
![Page 14: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/14.jpg)
1. Domestic IOT
Backdating: RAS algorithm 2011 -> 2009
Preparing the structure: 1-period; 2-currency; 3-prices;
4-industries. 5-trade flows
Assigned trade by country: Import matrix and export vector
2. International IOT
Consistency testing: Some negatives and some
readjustments Consistency with national accounts
To fit into the international IOT: Breakdown of Costa Rica separated from the rest of the world (ROW)
Analysis with CGV indicators: TiVA, comparative advantages, Exports
breakdown
Methodology to construct the international IOT
15
![Page 15: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/15.jpg)
Preparing the domestic IOT
Origin Final Destination
1
Currency: colones -> dollars (official exchange rate for the year 2009, BCCR) 2
Period: Data from 2009 (last available year for the WIOD at that moment)
3
CIF: FOB:
Consistency of the trade flows: CIF / FOB adjustment for the imports WIOD is FOB (even when it is based on import data)
4 Concept consistency of industry /product: ISIC (SUT classification) Breakdown: Intermediate consumption, final consumption, capital) Classification of the WIOD
Price consistency : basic prices in IOT and WIOD
5
16
![Page 16: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/16.jpg)
Agri-culture
Manu-facture Services
Agriculture
Manufacture
Services
Exports
Imports
Labor
Capital
Total inputs
Total de production
House holds
Government
Intermediate demand
Final demand
External demand
Domestic supply
External supply
Value added
Intermediate demand
table
Final demand
table
Exports vector
Imports table
Value added table
Final add Trade data 2009 Data from SUT
2009
“Backdating”: to2009
17
![Page 17: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/17.jpg)
Agri-culture
Manu-facture Services
Agriculture
Manufacture
Services
Intermediate demand
Domestic supply
Data from SUT 2009
Intermediate demand table from IOT 2011
Total intermediate supply (supply)
Intermediate demand (use)
RAS Algorithm
Intermediate demand
table
“Backdating”: to 2009
![Page 18: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/18.jpg)
Agri-culture
Manu-facture Services
Agriculture
Manufacture
Services
Exports
Imports
Labor
Capital
Total inputs
Total production
House holds
Government
Intermediate demand
Final demand
External demand
Domestic supply
External supply Value added
Intermediate demand
table
Final demand
table
Exports vector
Import table
Value added table
Assigning trade by country Data sources Goods: Exports, imports database
• DGA – imports FOB • PROCOMER - exports
Services: data and technical criteria
• BCCR - transport, repairs • PROCOMER – ground transport • ICT - turism • DGAC – air transport • WIOD – several sectors
19
![Page 19: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/19.jpg)
Exports
External demand
Exports vector
United States China
Agriculture Manufacture Services
Destiantions
Vector of exports by country and by sector
Electronics
Electronics
Canada
Intermediate demand
Final demand
Capital
Uses
Agriculture Manufacture Services Agriculture Manufacture Services
Industries
![Page 20: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/20.jpg)
United States
China
ROW
United States
China
ROW
Agriculture Manufacture Services
Agriculture Manufacture Services
Agriculture Manufacture Services
ROW - CR Costa Rica
Agriculture Manufacture Services
ROW - CR
Costa Rica
Usa Domestic
IOT
China domestic
IOT
Imports: China
from USA
Imports: USA from
China
Imports: Costa Rica
Costa Rica dissagregation to the rest of the world
Costa Rica domenstic
IOT Exports: Costa Rica
![Page 21: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/21.jpg)
Reduce negative number findings: Better assumptions and adjustments to minimize negative numbers.
e.g.: Tourism -> Hotels & restaurants Exports from CR to USA. National sources: $418,2M Imports of EE.UU. USA data: $53,8M Discrepancies ROW: -$364,3 M
National accounts consistency: Export data from CR, (no mirror data) to ensure consistency with the national accounts.
Consistency testing
1
2
3 Discrepancies vector: When Costa Rica data is more accurate than international data.
22
![Page 22: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/22.jpg)
Results for Costa Rica
• Lessons lerned from the international IOT
23
![Page 23: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/23.jpg)
From gross value to value added
Gross value • Cumulative value exported to another country • E.g.: Korea – product to China: 65% • Accurate to measure value if trade is focused on
final goods
Value added • Contribution in the exported value to the final
destination • E.g.: Korea – manufacture: 15% to USA • Accurate to measure the value of the
international trade if it is focused on intermediate goods
40
10
Research and development
Manufacture of basic inputs
30 Marketing and
Sales & customer service
15 Advanced manufacture
5 Assembly
100
% of the final value
of the product
70 65
50 40
0
EEUU
EEUU
China
Corea
Vietnam
24
![Page 24: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/24.jpg)
New methodology shows different magnitudes on exports according to GV vs. VA
Costa Rica: Structure of the export by country 2009
Exports detination X gross
value
X Added
value
Rest of the world 41,6% 38,5%
USa 26,8% 28,2%
Western Europe 15,8% 17,1%
China 6,1% 5,4%
Mexico 4,1% 3,1%
Canada 2,3% 2,7%
Rest of Europe 1,7% 2,5%
Japan 0,9% 1,5%
Brazil 0,9% 1,0%
Total 100% 100%
25
![Page 25: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/25.jpg)
Also differences on imports GV vs. VA
Origin of
the imports
M gross
value
M value
added
USA 39.3% 34.9%
Rest of the world 29.6% 28.6%
Western Europe 8.0% 10.6%
China 7.0% 8.0%
Mexico 8.2% 6.7%
Japan 2.5% 4.0%
Resto of Europe 1.9% 2.7%
Brazil 2.5% 2.5%
Canada 1.1% 2.0%
Total 100% 100%
Costa Rica: Structure of the imports by origin 2009
26
![Page 26: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/26.jpg)
Implication por trade policy
• Goals of diversification in terms of value added • Real diversification according to final demand
• Reduce trade barriers direct and indirect trade partners on CGVs • Multilateral agreements to help create GVC´s:
• Alianza del Pacífico
• Agreements on the supply chains: • IT Agreement (ITA) • Anti-Counterfeiting Trade Agreement. (ACTA)
1
2
27
![Page 27: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/27.jpg)
Implications for public policies
Encourage participation of CR in CGV
• Diversification: companies, markets, activities • High value FDI. • Expand trade platform
• Strengthen: Participation • Merging with local companies. • Entrepreneurship.
• To higher vale added activities
• Continuous investment and human capital. • Promote innovation.
1
2
3
28
![Page 28: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/28.jpg)
What are the components of the exports
Source: Koopman, Shang, Zhi (2013)
Gross exports
Domestic content Foreign component
29
![Page 29: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/29.jpg)
Domestic content of the exports
• Intermediate and final product have the same weight.
• Exports indirectly to third parties.
Domestic content, 74.3%
foreign content; 25,7%
30
![Page 30: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/30.jpg)
Implication for public policies
• Trade policy towards intermediate goods
• Imports contribute to the competitiveness of the companies. • To reduce trade barriers on the supply chains.
• Strategy to increase domestic content
• No restrictions for inputs with competitive prices. • Strength the capacity building for companies to provide inputs with a
clear competitive advantage.
1
2
31
![Page 31: Measuring Costa Rica´s participation in GVC´s - UNSDunstats.un.org/unsd/trade/events/2014/mexico/presentations/xii... · Measuring Costa Rica´s participation in GVC´s Departament](https://reader031.vdocuments.us/reader031/viewer/2022022615/5ba2803509d3f210318c25b1/html5/thumbnails/31.jpg)
Measuring Costa Rica´s participation in GVC´s
Departament of Macroeconomic Statistics ICMTEG, Aguascalientes, México
Sep-Oct, 2014