Fudan-LSE Lecture Series No.68

复旦—LSE讲座系列第68期

Title/题目: 

Trade in Value-Added vs. Trade in Factor Income: Applications in Global Value Chain Analysis

增加值贸易 vs.要素收入贸易：全球价值链分析的应用

Speaker/主讲人: 

Bo MENG, Senior Researcher, IDE-JETRO

孟渤 日本亚洲经济研究所 高级研究员

Host/主持人: 

Assoc. Prof. Haoqi Qian, Fudan IGPP

钱浩祺副教授 复旦全球公共政策研究院

Time/时间: 

12:00-13:20, March 18th, Tuesday, 2025

2025年3月18日 周二 12:00-13:20

Venue/地点: 

Room 805E, 8th Floor, West Sub-building of Guanghua Towers

光华楼西辅楼8楼805E会议室

https://www.wjx.cn/vm/YEMb9KX.aspx#

*校外人员请提前在【复旦信息办】预约，并携带身份原件入校

主讲人介绍/ The Speaker：

Bo MENG is a senior researcher at the Institute of Developing Economies – Japan External Trade Organization. He received his Ph.D. (in Information Sciences) from Tohoku University, Japan in 2005. He has ever served as a policy analyst for the OECD, a visiting scholar of the USITC, a visiting senior researcher of Columbia Business School. His research interests encompass policy-oriented and disciplinary research on climate change economics and global value chains. He is the Editorial Board Member of the World Trade Organization (WTO)’s “Global Value Chain Development Report”, the organizer of the side event “Tracing Greenhouse Gas Emissions in Global Value Chains” at COP22. He’s the winners of the 2020-2021 WILEY Top Cited Article in Oxford Bulletin of Economics and Statistics, the 22nd T.K.ANN International Trade Award, Applied Energy Highly Cited Paper Awards 2020. He has more than 100 publications in journals and books including Nature Communications, Cell: One Earth, Nature: Scientific Data, Energy Economics, Ecological Economics, Journal of World Business etc. He also teaches climate change economics and global value chain governance in universities as an adjunct professor.

讲座内容/ Abstract:

Global value chains (GVCs) constitute an international framework (game) for the creation, transfer, and distribution of value. This lecture commences with a succinct overview of the academic progress in value chain research, with a particular focus on value chain accounting. It will highlight recent research advancements, including the GVC smile curve and network dominance. The presenter will introduce the novel concept of Trade in Factor Income, grounded in the ownership principle (corporate control). This concept redefines the traditional "Made in a country" label in international trade to "Created by a country," offering a refined perspective on the actual comparative advantages of nations and elucidating the entities that control the GVC. Building on this foundation, the lecture will expand the conventional production- and consumption-based carbon emissions accounting framework to incorporate the beneficiary pays principle. This approach provides novel insights into the equitable distribution of responsibility for climate change in the context of GVCs. Time permitting, the presenter will also explore GVC resilience indicators and introduce innovative input-output databases that are instrumental in value chain research.