View More View Less
  • 1 Warsaw School of Economics, Collegium of World Economy, Warsaw, Poland
  • 2 Institute of Finance and International Economic Relations, University of Szeged, Hungary
Open access

Nowadays, global production networks (GPN) and global value chains (GVC) play an important role in the world economy intensifying the trade and production networks and resulting in products having value-added in different countries. The analysis of how many intermediate products a country imports in order to produce a product and of how many products a country exports to another country in order to produce new products draws the attention to value-added trade. In the present study, we compare the Hungarian and Polish value-added trade of chemicals and chemical products. We use the OECD-WTO data of value-added trade, which is based on an input-output table. By calculating numerous indices, we reveal that the domestic value-added of chemicals and chemical products in the two countries was relatively low and should be increased by adequate economic policy.

If the inline PDF is not rendering correctly, you can download the PDF file here.

  • Clark, W. C.Anastas, P. T.Zimmerman, J. B.Matus, K. J. M. (2012): Barriers to the Implementation of Green Chemistry in the United States. Scholarly Articles, No. 9639957, Harvard Kennedy School of Government.

    • Search Google Scholar
    • Export Citation
  • Debref, R. (2012): The Paradoxes of Environmental Innovations: The Case of Green Chemistry. Journal of Innovation Economics & Management, 9 (1): 83102.

    • Search Google Scholar
    • Export Citation
  • Eurobarometer (2011): Consumer Understanding of Labels and the Safe Use of Chemicals. Report. Special Eurobarometer, No. 360.

  • Gholami, P. S.Nassiri, P.Yarahmadi, R.Hamidi, A.Mirkazemi, R. (2015): Assessment of Health Safety and Environment Management System Function in Contracting Companies of One of the Petro-Chemistry Industries in Iran, a Case Study. Safety Science, 77 (8): 4247.

    • Search Google Scholar
    • Export Citation
  • Grossman, G.Rossi-Hansberg, E. (2006): The Rise of Offshoring: It's Not Wine for Cloth Anymore. Proceedings of the Economic Symposium “The New Economic Geography: Effects and Policy Implications”, pp. 59102. Federal Reserve Bank of Kansas City, August 24–26.

    • Search Google Scholar
    • Export Citation
  • Javorsek, M.Camacho, I. (2015): Trade in Value-added: Concepts, Estimation and Analysis. ARTNeT Working Paper Series, No. 150, Bangkok, ESCAP.

    • Search Google Scholar
    • Export Citation
  • Johnson, R. C.Noguera, G. (2012a): Accounting for Intermediates: Production Sharing and Trade in Value-Added. Journal of International Economics, 86 (2): 224236.

    • Search Google Scholar
    • Export Citation
  • Johnson, R. C.Noguera, G. (2012b): Fragmentation and Trade in Value-Added over Four Decades. http://www.colorado.edu/economics/seminars/SeminarArchive/2011-12/johnson.pdf (accessed February 4, 2017)

    • Search Google Scholar
    • Export Citation
  • Kaliński, J.Landau, Z. (2003): Gospodarka Polski w XX wieku (The Polish Economy in the 20th Century). Warszawa: PWE.

  • Kannegiesser, M. (2008): Value Chain Management in the Chemical Industry: Global Value Chain Planning of Commodities. Springer Science & Business Media.

    • Search Google Scholar
    • Export Citation
  • Kelly, G.La Cava, G. (2013): Value-Added Trade and the Australian Economy. Bulletin March Quarter: 2937, Reserve Bank of Australia.

    • Search Google Scholar
    • Export Citation
  • López, F. J. D.Montalvo, C. (2015): A Comprehensive Review of the Evolving and Cumulative Nature of Eco-Innovation in the Chemical Industry. Journal of Cleaner Production, 102: 3043.

    • Search Google Scholar
    • Export Citation
  • MAVESZ (2015): Vegyipar Magyarországon. Jubileumi kiadvány a Magyar Vegyipari Szövetség megalakulásának 25. évfordulója alkalmából (Chemical Industry in Hungary. Jubielium Report on the Occasion of the 25th Anniversary of the Establishment of the Hungarian Chemical Association). http://mavesz.hu/file/MAVESZ_25_kiadvany_v8b_HU_72dpi.pdf (accessed: October 24, 2016)

    • Search Google Scholar
    • Export Citation
  • Nagengast, A. J.Stehrer, R. (2015): The Great Collapse in Value-Added Trade. ECB Working Paper, No. 1833. European Central Bank.

  • OECDWTO (2015): Trade in Value-Added: China. https://www.oecd.org/sti/ind/tiva/CN_2015_China.pdf (accessed May 1, 2017)

  • OECDWTO (2017): TiVA Statistics. https://stats.oecd.org/index.aspx?queryid=75537 (accessed October 10, 2017)

  • OECDWTOWorld Bank Group (2014): Global Value Chains: Challenges, Opportunities, and Implications for Policy. Report prepared for submission to the G20 Trade Ministers Meeting.

    • Search Google Scholar
    • Export Citation
  • Polish Chamber of Chemical Industry (2003): Chemical Industry in Poland. Annual Report 2003. Warsaw: Polish Chamber of Chemical Industry.

    • Search Google Scholar
    • Export Citation
  • Polish Chamber of Chemical Industry (2011): Chemical Industry in Poland. Annual Report 2011. Warsaw: Polish Chamber of Chemical Industry.

    • Search Google Scholar
    • Export Citation
  • Pomfret, R.Sourdin, P. (2018): Value Chains in Europe and Asia: Which Countries Participate? International Economics, 153: 3441.

    • Search Google Scholar
    • Export Citation
  • Power, W. (2012): The Value of Value-added: Measuring Global Engagement with Gross and Value-Added Trade. Office of Economics Working Paper, No. 2012-11A, US International Trade Commission.

    • Search Google Scholar
    • Export Citation
  • Stehrer, R. (2012): Trade in Value-Added and the Value-Added in Trade. WIIW Working Papers, No. 81. Vienna: The Vienna Institute for International Economic Studies.

    • Search Google Scholar
    • Export Citation
  • Timmer, M. P.Dietzenbacher, E.Los, B.Stehrer, R.de Vries, G. J. (2015): An Illustrated User Guide to the World Input-Output Database: The Case of Global Automotive Production. Review of International Economics, 23: 575605.

    • Search Google Scholar
    • Export Citation
  • UNCTAD (2013): World Investment Report 2013. Global Value Chains: Investment and Trade for Development. Geneva – New York.

  • Visan, S. (2010): Risk and Risk Management in Chemical Industry. Review of International Comparative Management, 11 (3): 526533.

  • World Bank (2016): COMTRADE Statistics. http://wits.worldbank.org (accessed December 10, 2016)

  • WTO (2011): Trade Patterns and Global Value Chains in East Asia: From Trade in Goods to Trade in Tasks. Geneva: World Trade Organization.

    • Search Google Scholar
    • Export Citation
  • WTO (2013): World Trade Report 2013. Geneva: World Trade Organization.

  • WIOD (2017): World Input-Output Tables. http://www.wiod.org/database/wiots16 (accessed on October 10, 2017).