o:32413 Trade in Value Added and Global Value Chains Comparative Analysis of Statistical Indicators en Abstract The measurement of international trade flows through trade in value-added (TiVA) statistical indicators is very important nowadays, since companies all over the world split their activities across other economies. More and more created products belong to international production chains, rather than to only one economy. In these circumstances, statistical bias is often mentioned as a problem of using data from traditional international trade statistics, instead of TiVA statistics. Therefore, the purpose of the paper is twofold: to give an overview and compare TiVA indicators from two different sources - OECD TiVA Inter-Country Input-Output (ICIO) tables and UNCTAD-Eora Multi-Region Input-Output (MRIO) tables, and to conduct comparative analysis of actual trends in European economies based on the newest TiVA data with intention to perceive differences in value added in the process of increasing vertical integration. Keywords: Trade in value added, global value chains, OECD TiVA statistics, Eora Multi-Region Input-Output tables, European Union 1552100 978-605-72639-8-8 2024-01-19T11:05:18.974Z 44 no 46 Radmila Dragutinović Mitrović Univerzitet u Beogradu Ekonomski fakultet 0000-0003-2566-4666 application/pdf 1136401 https://phaidrabg.bg.ac.rs/o:32413 no yes 18 70 92000004 11A03 18th SCF International Conference on “Sustainable Development in a Global Perspective” 60 75 Bandirma Onyedi University Faculty of Economics and Administrative Science 2023