The share of services in trade in value-added terms is higher and has increased more sharply than in gross terms Gross Exports of Goods and Value Added Exports of Goods Services as a share of total and services as a share of total World Gross Exports World Value Added Exports E Goods Services ■ Goods■sevc 9四> 3 000
The share of services in trade in value-added terms is higher and has increased more sharply than in gross terms. 16 0 10 20 30 40 50 60 70 80 90 1980 1995 2008 Share of Total World Gross Exports Gross Exports of Goods and Services as a share of Total World Gross Exports Goods Services 0 10 20 30 40 50 60 70 80 1980 1995 2008 Share of Total World Value Added Exports Value Added Exports of Goods and Services as a share of Total World Value Added Exports Goods Services
Services are more important in value added than in gross terms in all major economies Share of services in exports, 2011 Share in value-added terms---OECD average(value-added terms)o share in gross terms 志堕到臣当豆舌將豸袅器悶岳邕ξ园豆爵巨正匪§唇复函岛器卤弓§苦臣崽昌著器皇§
Services are more important in value added than in gross terms in all major economies… 0% 20% 40% 60% 80% 100% CHL MEX VNM NOR KOR ROU MYS CHN RUS THA ZAF CAN AUS SVK CZE PHL BRA BGR JPN DEU HUN POL SVN TUR FIN ITA USA CRI AUT NZL IND PRT ISL ESP SWE EST LTU ISR LVA CHE FRA GBR GRC DNK BEL IRL NLD LUX Share in value-added terms OECD average (value-added terms) Share in gross terms Share of services in exports, 2011
because services are more important inputs in manufacturing than vice versa Input share of services in manufacturing, simple averages Input share of manufacturing in services, simple averages u∽520b5 u<0b.z 器经要南 Source: OECD-STAN (mid-2000
… because services are more important inputs in manufacturing than vice versa Source: OECD – STAN (mid-2000). Input share of services in manufacturing, simple averages Input share of manufacturing in services, simple averages
Deconstructing services value added in gross exports Direct domestic service industry value added content of gross exports EXGR DDC_SVci= Vei EXGRc,i ndirect domestic services content of gross exports(originating from domestic intermediates) EXGR_ IDC_ SVci Vci(-AcdEXGRci-EXGR DDC_ SVci Re-imported domestic serices value added content of gross exports EXGRRIMSVci-2ies vci(Bc), EXGRci-EXGR DDC SVci-EXGR IDC,SVci Foreign services value added content of gross exports EXGRFVA SVc=2∑W()BxCR
Deconstructing services value added in gross exports
Deconstructing services value added in gross exports Services value added Foreign Domestic services services value adde value added in exports e in domestic services domestic services domestic services value added value added value added in
Deconstructing services value added in gross exports