icio is a Stata command that computes the most relevant measures of trade in value-added and participation in global value chains (GVC) of countries and sectors by exploiting Inter-Country Input-Output (ICIO) tables. It provides decompositions of aggregate, bilateral and sectoral exports and imports according to the source and the destination of their value-added content.
How to install icio? Run in Stata:
ssc install icio
The official version works from Stata 15.1. To install a version of
icio for Stata 14, run: net install icio_14, from(http://www.econometrics.it/stata) replace. Remember to uninstall icio before installing icio_14 and to close and re-open Stata.
What does icio do?
The command allows to work directly with the most popular ICIO tables – WIOD (Timmer et al. 2015), TiVA (OECD), EORA (Lenzen et al. 2013), NEW! ADB MRIO (Asian Development Bank MRIOT Database) updated to 2018 ; in addition, any other user-provided ICIO table can be loaded.
icio follows closely the accounting framework presented in in Borin and Mancini (2019), “Measuring What Matters in Global Value Chains and Value-Added Trade”, Policy Research Working Paper, World Bank, which – in turn – extends, refines and reconciles the other main contributions in this strand of the literature (Johnson and Noguera, 2012; Wang et al., 2013; Koopman et al. 2014; Borin and Mancini, 2015; Los et al., 2016; Nagengast and Stehrer, 2016; Johnson, 2018; Miroudot and Ye, 2018; Los and Timmer, 2018). A key feature of the conceptual scheme proposed by Borin and Mancini (2019) is that different empirical questions call for distinct accounting methods, along with different level of aggregation of trade flows. The
icio command shares the same rationale.
Check the World Bank World Development Report 2020 on Global Value Chains here. GVC indicators in the report are computed with
icio. See this help guide to replicate WDR2020 GVC measures.
– GVC participation measures used in the Report follow the methodology from Borin and Mancini (2015, 2019).
– A full database (country/sector/time) of trade in value-added and GVC participation measures can be found here (WDR2020_gvc_data.csv). Please check the read me file in the zip folder.
How to cite icio?
Belotti, F., Borin, A., and Mancini, M. 2021. icio – Economic Analysis with InterCountry Input-Output tables, The Stata Journal, 2021 (21) 3.
Borin, A., and Mancini, M. 2019. Measuring What Matters in Global Value Chains and Value-Added Trade , Policy Research working paper. no. WPS 8804. Washington, D.C. : World Bank Group.
Please, remember also to cite the original Inter-Country Input-Output database you are using with
– EORA: Lenzen, M., Moran, D., Kanemoto, K., Geschke, A. 2013. ‘Building Eora: A Global Multi-regional Input-Output Database at High Country and Sector Resolution.’ Economic Systems Research, 25:1, 20-49.
Please remember that the Eora MRIO is free for academic (university or grant-funded) work at degree-granting institutions. All other uses require a data license before the results are shared.
– OECD-TiVA: OECD, Trade in Value Added database, 2018, oe.cd/tiva.
– WIOD: Timmer, M. P., E. Dietzenbacher, B. Los, R. Stehrer and G.J. de Vries, 2015. ‘An Illustrated User Guide to the World Input-Output Database: the Case of Global Automotive Production.’ Review of International Economics. 23: 575–605.
– ADB MRIO: Asian Development Bank MRIOT Database, mrio.adbx.online
Update to the latest icio release by running
ssc install icio, replace
-August 2020: updated Asian Development Bank MRIO Tables (2000;2007-2019). To work with 2019 data run:
icio_load, iciot(adb) year(2019)
-June 2020: added Asian Development Bank MRIO Tables (2000;2007-2018). To work with 2018 data run:
icio_load, iciot(adb) year(2018)
–February 2020: Bug fixes.