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The decrease in the share of processing trade therefore actually increased the proportion of DVA in total exports.
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The share of processing trade in total trade is gradually decreasing due to the emergence of ordinary trade.
Specifically, the share of processing trade DVA in gross exports was 27.4, 28.4, and 26.0% in 2002, 2007, and 2010, respectively.
The share of processing trade decided leverage and coverage of processing trade.
Table 3 shows regressions in which the share of and processing exports is regressed on the ratio and other regressors.
In the long run, the DVA share of processing trade exports will increase.
In other words, share of processing trade is low in the top- and the bottom-level goods.
This involves the sharing of processing power.
In other words, share of processing trade will be large if the level of productivity achievable by processing trade is relatively high or the productivity coverage of processing trade is wide.
Strikingly, share of processing trade in Fig. 7 varies over industries and its distribution over EXPY is inversed U-shaped.
Between 2000 and 2005 the share of metal-processing in national output doubled and that of petrochemicals rose by two-thirds.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com