Value Added in the Manufacturing Exports of NAFTA, 2005, 2010 and 2015. A subsector analysis
DOI:
https://doi.org/10.24275/uam/azc/dcsh/ae/2022v37n95/MurilloKeywords:
manufacturing exports, value added, NAFTA, multiregional input-outputAbstract
The objective of this paper is to analyze the bilateral trade in manufactures between the countries of the NAFTA by disaggregating, in domestic and foreign, the value added contained in the exports of the 16 manufacturing sectors for the years 2005, 2010 and 2015. By means of a multiregional input-output model, the proportion of the value added that comes from the NAFTA partners is determined and the manufacturing trade balance in domestic value added is calculated. The results reveal that the Mexican manufacturing exports have the lowest domestic value added and that the exports from Mexico and Canada are highly dependent on U.S. and rest of the World inputs
JEL Classification: F14, F15, C67.
Downloads
References
Aguirre Castro, Armando and Cardozo-Medeiros, Diego (2020). The US-Mexico bilateral trade relation through a value added lens, Documentos de Investigación. N° 2020-08. Banco de México, https://www.banxico.org.mx/publicaciones-y-prensa/documentos-de-investigacion-del-banco-de-mexico/%7B5217FB92-1AB4-3CAF-FBC9-EAA722D4AD63%7D.pd
Baldwin, R. (2013). Global Supply Chains: Why They Emerged, Why They Matter, and Where They Are Going. In Global Value Chains in a Changing World, edited by D. Elms and P. Low, Geneva: World Trade Organization. 13-59. https://www.wto.org/english/res_e/booksp_e/aid4tradeglobalvalue13_e.pdf
Baldwin, R.; T. Ito y H. Sato (2014). The Smile Curve: Evolving Sources of Value Added in Manufacturing, Joint Research Program Series, IDE-JETRO. https://www.uniba.it/ricerca/dipartimenti/dse/e.g.i/egi2014-papers/ito
Banco de México (2021). Sistema de Información Económica. https://www.banxico.org.mx/SieInternet/consultarDirectorioInternetAction.do?sector=1&accion=consultarCuadro&idCuadro=CE85&locale=es
Blecker, R. (2014). The Mexican and U.S. Economies After Twenty Years of NAFTA, International Journal of Political Economy, 43(2):5-26. https//doi.org/10.2753/IJP0891-1916430201
Boundi, C. (2017). Análisis insumo-producto multirregional e integración económica del TLCAN. Una aplicación del método de extracción hipotética, Cuadernos de Economía. Núm.40, 256-267. http://dx.doi.org/10.1016/j.cesjef.2016.10.004
Bridgman, B. (2012) The rise of vertical specialization trade, Journal of International Economics, Vol. 86 (1), January, Pages 133-140. https://doi.org/10.1016/j.jinteco.2011.08.016
Castillo, J. C., and G. de Vries (2018). The domestic content of Mexico's maquiladora exports: A long-run perspective, The Journal of International Trade & Economic Development, 27(2), 200-219. https://doi.org/10.1080/09638199.2017.1353125
Cervantes, Rosario y Fujii, Gerardo (2017). Análisis del contenido del valor agregado interno y externo en las exportaciones manufactureras de México, por sectores y países de origen y destino, 1995-2011, Expresión Económica, núm. 38. Universidad de Guadalajara, pp. 5-31.
Dalle, D.; V. Fossati y F. Lavopa (2013). Política industrial: ¿el eslabón perdido en el debate de las Cadenas Globales de Valor?, Revista Argentina de Economía Internacional, Núm. 2, diciembre.
De Jesús Almonte, L. (2019). Lento crecimiento y empleo manufacturero en México. Un análisis de endogeneidad territorial. Eón editores-UAEM. México
De la Cruz, J., Koopman, R., Wang, Z., and S. Wei (2011). Estimating Foreign Value-added in Mexico’s Manufacturing Exports. US International Trade Commission, Office of Economics Working Paper No. 2011-04A https://www.usitc.gov/publications/332/EC201104A.pdf
Foster, N.; R. Stehrer and G. de Vries (2011) Trade in value added and factors: A comprehensive approach. The Vienna Institute for International Economic Studies (wiiw), Working paper 80, 1-40. https://www.freit.org/WorkingPapers/Papers/TradePatterns/FREIT327.pdf
Fuentes, Noé Arón; Brugués, Alejandro y González-König, Gabriel (2020). Valor agregado en el valor bruto de las exportaciones: una mejor métrica para comprender los flujos comerciales entre Estados Unidos y México, Frontera Norte, Vol. 32. http://dx.doi.org/10.33679/rfn.v1i1.1990
Fujii-Gambero, G. y R. Cervantes (2013). México: Valor agregado en las exportaciones manufactureras, Revista CEPAL, Núm. 109, pp. 143-158. https://repositorio.cepal.org/handle/11362/11575
Inomata, S. (2017). Analytical frameworks for global value chains: An overview. In International Bank for Reconstruction and Development/The World Bank (Eds.), Measuring and Analyzing the Impact of GVC on Economic Development. Pp. 15-36. https://www.wto.org/english/res_e/booksp_e/gvcs_report_2017.pdf
Johnson R. y G. Noguera (2012a). Accounting for intermediates: Production sharing and trade in value added, Journal of International Economics, vol. 86(2), 224-236. https://doi.org/10.1016/j.jinteco.2011.10.003
Johnson R. and G. Noguera (2012b). Fragmentation and trade in value added over four decades, Working paper 18186, pp. 1-62. Cambridge, MA: National Bureau of Economic Research. http://www.nber.org/papers/w18186
Koopman, R., Powers, Z. Wang, Z and S. Wei (2010). Give credit where credit is due: Tracing Value Added in Global Production Chains. Cambridge, MA: National Bureau of Economic Research. http://www.nber.org/papers/w16426
Koopman, R., Wang, Z. y S. Wei (2014). Tracing Value-Added and Double Counting in Gross Exports. American Economic Review, 104 (2): 459-94. https//doi.org/10.1257/aer.104.2.459
Miroudot, S. and Ye, Ming. (2019). Investigating double counting terms in the value-added decomposition of gross exports. MPRA Paper No. 93877 https://mpra.ub.uni-muenchen.de/95437/1/MPRA_paper_95437.pdf
Moreno-Brid, J. C., Rivas, J. y P. Ruiz-Nápoles (2005). La economía mexicana después del TLCAN. Revista Galega de Economía, vol. 14, no. 1-2, pp. 1-20.
Murillo-Villanueva, B. (2020). México: estructura productiva y penetración de las importaciones intermedias, 2003 y 2013. Revista Finanzas y Política Económica, 12(2), 403-430. https://doi.org/10.14718/revfinanzpolitecon.v12.n2.2020.3336
Novelo, F. (2018). América del Norte después del TLCAN, Economía UNAM, 15(44), 54-69. https://doi.org/10.22201/fe.24488143e.2018.44.393
OCDE (2018). Inter-Country Input-Output Tables, 2018 edition. Organización para la Cooperación y el Desarrollo Económicos. Recuperado de: http://oe.cd/icio
Puchet, M., Moreno-Brid, J.C., Ruiz-Nápoles, P. (2011). La integración regional de México: condicionantes y oportunidades por su doble pertenencia a América del Norte y a Latinoamérica, Economía UNAM. 8, 3-36.
Secretaría de Economía (2021). Sistema de Consulta de Información Estadística por País. Recuperado en: http://www.economia-snci.gob.mx/sic_php/pages/estadisticas/
Stehrer, R. (2013). Accounting relations in bilateral value-added trade, Wiener Institut für Internationale Wirtschaftsvergleiche, Working paper, 101 https://wiiw.ac.at/accounting-relations-in-bilateral-value-added-trade-dlp-3021.pdf
Torre, L., Chapa, J. y E. González (2020). Integración Económica México-Estados Unidos y su Aprovechamiento Regional en México. Banco de México. Working Paper, No 2020-06. https://www.banxico.org.mx/publications-and-press/banco-de-mexico-working-papers/%7BE1C881E1-CC53-5D27-1230-EE2D444D6D73%7D.pdf
Williamson, J. (1993). Democracy and the “Washington Consensus”. World Development, Vol. 21, No. 8, pp. 1329-1336. https://doi.org/10.1016/0305-750X(93)90046-C
Downloads
Published
Issue
Section
License
Copyright (c) 2022 Brenda Murillo Villanueva, Yolanda Carbajal Suárez, Leobardo de Jesús Almonte

This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
