Table 1 Average GVCs Participation index of major economies from 2000 to 2018.
From: Will falling domestic labor compensation share really be improved when global trade slowdown?
Economies | GVCParForward | GVCParBackward | GVCParticipation | Labor compensation |
|---|---|---|---|---|
Russia | 34.99 | 8.80 | 43.79 | 51.06 |
Australia | 26.15 | 12.42 | 38.57 | 58.08 |
Japan | 26.85 | 13.04 | 39.89 | 55.31 |
the U.S. | 23.92 | 10.50 | 34.42 | 59.50 |
Slovakia | 18.73 | 43.94 | 62.67 | 47.57 |
China | 16.71 | 20.06 | 36.77 | 49.48 |
Vietnam | 13.40 | 41.23 | 54.63 | 43.42 |
Mexico | 10.21 | 34.21 | 44.42 | 35.21 |
