Taavi Unt and Andres Võrk from CITIS finished a report on the location of Estonian companies in the global and local value chain commissioned by Estonian Parliament’s Foresight Center. The analysis uses company annual reports, VAT declarations and export data on all.
CITIS analysts used company network data extracted from transactions declared in VAT declarations to compute upstreamness and downstreamness values for companies showing their distance from raw materials and end-clients. The resulting position in the global and local value chain allows to see how profitability is related to how close companies are to the end-customer with their products. The analysis gives input into policies designed to help companies in value creation and increasing profitability. Full report can be found here.