OECD INDICATORS OF ECONOMIC GLOBALISATION

1. OECD INDICATORS OF ECONOMIC GLOBALISATION by Thomas Hatzichronoglou, STI/SPD

2. Table of Contents • GLOBALISATION AND THE FINANCIAL CRISIS • DYNAMICS OF INTERNATIONAL TRADE AND INVESTMENT • FOREIGN DIRECT INVESTMENT • PORTFOLIO INVESTMENT • THE ACTIVITY OF MULTINATIONALS IN THE MANUFACTURING SECTOR • THE ACTIVITY OF MULTINATIONALS IN THE SERVICE SECTOR • LABOUR PRODUCTIVITY OF AFFILIATES UNDER FOREIGN CONTROL, AND OF PARENT COMPANIES IN THE HOST COUNTRY AND ABROAD • THE INTERNATIONALISATION OF INDUSTRIAL R&D • THE INTERNATIONAL DIFFUSION OF TECHNOLOGY • INTERNATIONAL MIGRATION OF HIGH-SKILLED PERSONS • TRENDS IN THE INTERNATIONAL TRADE OF GOODS AND SERVICES • INTRA-REGIONAL TRADE • INTERNATIONAL TRADE OF MULTINATIONALS • OTHER ASPECTS OF TRADE GLOBALISATION • ASPECTS OF GLOBALISATION LINKED TO ENVIRONMENT

3. K. TRENDS IN THE INTERNATIONAL TRADE OF GOODS AND SERVICES K.1 TRADE AS A PERCENTAGE OF GDP K.2 TRADE BALANCE AS A PERCENTAGE OF GDP K.3 TOTAL EXPORT MARKET SHARES K.4 WORLD EXPORT MARKET SHARES IN GOODS AND SERVICES K.5 GEOGRAPHICAL DISTRIBUTION OF EXPORT SHARES IN GOODS IN OECD, ACCESSION COUNTRIES AND ENHANCED ENGAGEMENT COUNTRIES (2007 VERSUS 2000) K.6 GEOGRAPHICAL DISTRIBUTION OF EXPORT SHARES IN SERVICES IN AVAILABLE OECD COUNTRIES (2005 vs 2000) K.7 IMPORT PENETRATION OF GOODS AND SERVICES K.8 MERCHANDISE TRADE WITH PARTNERS CHINA AND HONG KONG (CHINA) K.9 TRADE IN GOODS WITH THE REST OF THE WORLD K.10 INTRA-INDUSTRY TRADE K.11 INTERNATIONAL TRADE OF GOODS BY TECHNOLOGY INTENSITY K.12 SENSITIVITY OF TRADE FLOWS TO PRICE AND INCOME CHANGES

4. World export market shares in goods and services Source: OECD Trade Indicators, September 2009 and UNSD National Accounts Main Aggregates database.

5. World export market shares in goods of OECD countries at current prices, in per cent Source: OECD Trade Indicators, September 2009.

6. World export market shares in services of OECD countries at current prices, in per cent Source: OECD Trade Indicators, September 2009.

7. 20 highest exports shares of goods into EU25 among OECD+, in percentage, current prices Note: OECD+ groups OECD, accession countries and enhanced engagement countries (40 countries). Source: OECD ITCS database, and UN Comtrade for non-OECD countries.

8. 20 highest exports shares of goods into the United States among OECD+, in percentage, current prices Note: OECD+ groups OECD, accession countries and enhanced engagement countries (40 countries). Source: OECD ITCS database, and UN Comtrade for non-OECD countries.

9. 20 highest exports shares of goods into Japan among OECD+, in percentage, current prices Note: OECD+ groups OECD, accession countries and enhanced engagement countries (40 countries). Source: OECD ITCS database, and UN Comtrade for non-OECD countries.

10. 20 highest exports shares of goods into China and Hong Kong (China) among OECD+, in percentage, at current prices Note: OECD+ groups OECD, accession countries and enhanced engagement countries (40 countries). Source: OECD ITCS database, and UN Comtrade for non-OECD countries.

11. US merchandise trade with China and Hong Kong (China), US$ billion Source: OECD ITCS database.

12. EU15 merchandise trade with China and Hong Kong (China), US$ billion Source: OECD ITCS database.

13. Japan merchandise trade with China and Hong Kong (China), US$ billion Source: OECD ITCS database.

14. Import elasticity of price, 1970-2006 Source: OECD Annual National Accounts database and World Bank, World Development Indicators database.

15. Export elasticity of price, 1970-2006 Source: OECD Annual National Accounts database and World Bank, World Development Indicators database.

16. L. INTRA-REGIONAL TRADE L.1 SHARE OF INTRA-REGIONAL TRADE IN WORLD TRADE L.2 SHARE OF INTRA-REGIONAL TRADE IN TOTAL REGIONAL TRADE L.3 INTENSITY OF THE REGIONAL TRADE L.4 INTROVERSION OF THE REGIONAL TRADE L.5 REGIONAL TRADE OPENNESS

17. Preferential trade agreements notified to the GATT/WTO and in force, by date of entry into force, 1948-2008 Source: WTO, International Trade Statistics.

18. World trade shares of intra-regional trade, by region Source: WTO, International Trade Statistics.

19. M. INTERNATIONAL TRADE OF MULTINATIONALS M.1 EXPORT AND IMPORT PROPENSITY OF AFFILIATES UNDER FOREIGN CONTROL IN THE MANUFACTURING SECTOR IN SELECTED OECD COUNTRIES M.2 INTRA-FIRM TRADE IN SELECTED OECD COUNTRIES M.3 US TRADE BALANCE AND INTRA-FIRM TRADE IN GOODS BY PARTNER COUNTRY M.4 JAPANESE TRADE BALANCE AND INTRA-FIRM TRADE BY INDUSTRY AND BY PARTNER COUNTRY M.5 INTRA-FIRM IMPORTS OF AFFILIATES UNDER FOREIGN CONTROL IN TOTAL IMPORTS OF SELECTED MANUFACTURING SECTORS

20. Export and import propensity1 of affiliates under foreign control in the manufacturing sector, 2006 • Exports and imports as a percentage of GDP. • Trade in goods only. • Source: OECD, AFA, FATS and STAN databases, 2009.

21. Export and import propensity1 of affiliates under foreign control in the service sector, 2006 • Exports and imports as a percentage of GDP. • Trade in goods only. • Source: OECD, AFA, FATS and STAN databases, 2009.

22. Share of intra-firm exports in total exports of affiliates under foreign control Source: OECD, AFA database, 2009.

23. Share of intra-firm imports in total imports of affiliates under foreign control Note: Data for Poland refer to the manufacturing sector only. Source: OECD, AFA database, 2009.

24. N. OTHER ASPECTS OF TRADE GLOBALISATION N.1 IMPORT CONTENT OF EXPORTS N.2 INDEX OF OUTSOURCING N.3 INDEX OF OUTSOURCING ABROAD OF GOODS AND SERVICES

25. Import content of exports of goods Source: OECD, Input-Output database, 2009.

26. Index of outsourcing abroad, 2005 Source: OECD, Input-Output database, 2009.