scholarly journals When Linder meets Hirschman: inter-industry linkages and global value chains in business services

2019 ◽  
Vol 28 (6) ◽  
pp. 1555-1586 ◽  
Author(s):  
Javier López González ◽  
Valentina Meliciani ◽  
Maria Savona
Keyword(s):  
Empirical Support ◽  
Global Value Chains ◽  
Emerging Countries ◽  
Value Chains ◽  
Business Services ◽  
Emerging Country ◽  
The World ◽  
Traditional Manufacturing ◽  
The Relationship ◽  
Backward And Forward Linkages

Abstract This article looks at the determinants of a country’s participation in business services (BS) global value chains (GVCs). BS GVCs are comparatively less explored than traditional manufacturing ones, and there is a gap in the literature on the relative positions of countries in BS GVCs and the opportunities they might open for development. This article puts forward and finds empirical support to the conjecture that the domestic structure of backward and forward linkages à la Hirschman, alongside the domestic representative demand for BS à la Linder, are of high importance. The results, based on the World Input-Output Database, suggest that the presence of strong domestic backward-linked industries to BS makes an emerging country more likely to create domestic value within BS GVC. Our findings contribute to the debate on a “premature de-industrialization” in emerging countries and on the relationship between levels of development and engagement in BS GVCs.

Upgrading the Global Value Chains After COVID-19

2021 ◽  
pp. 191-210
Author(s):  
Osman Seraceddin Sesliokuyucu
Keyword(s):  
Supply Chains ◽  
Production System ◽  
World Trade ◽  
Production Capacity ◽  
Global Value Chains ◽  
Value Chains ◽  
Economic Shocks ◽  
Supply Shock ◽  
The World ◽  
Backward And Forward Linkages

The COVID-19 pandemic-related economic lockdowns and restrictions have caused socio-economic uncertainties in the world since 2020. The pandemic-induced economic shocks affected world trade, especially the reactions in fragile markets. As a result of the strict rules taken by the countries, the decrease in the supply of intermediate goods inputs used in industries worldwide, supply shock has caused global supply chains and economic problems to spread through supply chains. Due to the increase in demand exceeding the current supply and production capacity, the fragmented production system, which spread throughout the world, led to the risks related to global value chains (GVC). In this context, discussion of the uplift processes within the chain, which expresses the upgrading perspective, has come to the fore again. The solutions in chains, which are applied by industries in the pandemic process, emphasize the importance of backward and forward linkages in the chain.

Assessment of the positions of the exporting countries of agri-food products on the world market according to their role in global value chains

2021 ◽  
pp. 8-14
Author(s):  
Elena Yu. Frolova ◽  
Keyword(s):  
Raw Materials ◽  
Action Plan ◽  
Value Added ◽  
Global Value Chains ◽  
World Market ◽  
Point Of View ◽  
Value Chains ◽  
Agricultural Exports ◽  
Export Policy ◽  
The World

The place in the rankings of agricultural exporting countries in world trade is estimated in terms of the volume of imports and exports of raw materials and food. However, to assess the efficiency of agricultural exports, it is important to analyze the value added of exported goods produced in the country. The position of the exporting country in global value chains is derived from the type of agricultural production, which in turn depends on the level of development of the national economy, the availability and breadth of use of modern high technologies. The article examines the concept of the development of world agriculture from the point of view of the formation of global value chains, set out in the report of the UN World Food Organization [1] in comparison with the political decisions of such countries as India and the People’s Republic of China in the development of agricultural and food exports. The paper analyzes the risks associated with the consolidation of developing countries as suppliers of agricultural raw materials, as well as the conditions and action plan that allow the country-exporter of agricultural raw materials to move to higher levels in the global value chains on the world market. This experience should be considered to make comprehensive and effective decisions on the formation of the export policy of agricultural products and food of the Russian Federation, considering the food security of the country.

scholarly journals CADEIAS GLOBAIS DE VALOR (CGV): A FRAGMENTAÇÃO DO PROCESSO PRODUTIVO CONFORME A ORGANIZAÇÃO MUNDIAL DO COMÉRCIO

2019 ◽  
Vol 4 (57) ◽  
pp. 399
Author(s):  
Joana STELZER ◽  
Silvano Denega SOUZA ◽  
Adrielle Betina I. OLIVEIRA
Keyword(s):  
World Trade Organization ◽  
World Trade ◽  
Global Value Chains ◽  
Value Chains ◽  
Commodity Chain ◽  
Economic Policies ◽  
The World ◽  
Productive Process ◽  
Fragmentation Of Production ◽  
Economy Globalization

RESUMOObjetivo: O artigo visa identificar a aparição e a abordagem das CGV (Cadeias Globais de Valor) no âmbito da Organização Mundial do Comércio (OMC), tendo em vista a aparente alteração na plasticidade do comércio internacional e, por consequência, na economia mundial. A globalização nos tempos atuais pode ser compreendida como uma fragmentação da produção, em que o processo produtivo de uma mercadoria (ou serviço) é concebido em etapas, porém, executadas em diversos Estados.Metodologia: A metodologia utilizada é dedutiva com abordagem qualitativa e a pesquisa desenvolve-se por meio de bibliografias.  Resultados: O destaque do principal resultado é a possibilidade de identificar características distintas entre Cadeias de Commodities, passando pela Cadeia de Commodities Global, até se alcançar as Cadeias Globais de Valor. Revela, também, que o avanço das CGV tem-se mostrado positivo, mormente no que tange às repercussões observadas nas políticas comerciais e econômicas dos Estados.Contribuições: Como principal contribuição, o artigo apresenta uma análise do cenário internacional no que tange ao comércio e sua nova forma de transacionar, sobretudo com Estados não desenvolvidos. Partindo-se da análise do CGV e sua relação com a Organização Mundial do Comércio,  a revelação desse emergente modelo foi flagrada, ademais, na insistente inserção dos termos CGV e Global Value Chains nos documentos e relatórios da Organização Mundial do Comércio, especialmente com maior intensidade a partir de 2014.PALAVRAS-CHAVES: Tributo; responsabilidade tributária; terceiros.  ABSTRACTObjective: To identify the appearance and approach of GVCs (Global Value Chains) within the World Trade Organization (WTO), in view of the apparent change in the plasticity of international trade and, consequently, in the world economy. Globalization in the present times can be understood as a fragmentation of production, in which the productive process of a commodity (or service) is conceived in stages, but executed in several States.Methodology: The methodology used is deductive with qualitative approach and the research is developed via bibliographies.Results: The highlight of the main result is the ability to identify distinct characteristics between Commodity Chains, going through the Global Commodity Chain, until reaching Global Value Chains. It also reveals that the advancement of GVCs has been positive, especially regarding the repercussions observed in the commercial and economic policies of the States.Contributions: As the main contribution, the article presents an analysis of the international scenario regarding trade and its new way of trading, especially with undeveloped States. Based on the analysis of the GVC and its relationship with the  World Trade Organization, the revelation of this emerging model was also caught in the insistent insertion of the terms GVC and Global Value Chains in World Trade Organization documents and reports, especially with greater emphasis. Intensity as of 2014.KEYWORDS: Tax; tax liability; third parties.

scholarly journals The similarity of global value chains: A network-based measure

2018 ◽  
Vol 6 (4) ◽  
pp. 607-632 ◽  
Author(s):  
ZHEN ZHU ◽  
GREG MORRISON ◽  
MICHELANGELO PULIGA ◽  
ALESSANDRO CHESSA ◽  
MASSIMO RICCABONI
Keyword(s):  
Global Value Chains ◽  
Value Chains ◽  
Input Output ◽  
The World ◽  
Average Similarity ◽  
Node Similarity ◽  
Node Attributes ◽  
Measure Of Similarity ◽  
Increasing Trends ◽  
Over Time

AbstractInternational trade has been increasingly organized in the form of global value chains (GVCs). In this paper, we provide a new method for comparing GVCs across countries and over time. First, we use the World Input–Output Database (WIOD) to construct both the upstream and the downstream global value networks. Second, we introduce a network-based measure of node similarity to compare the GVCs between any pair of countries for each sector and each year available in the WIOD. Our network-based similarity is a better measure for node comparison than the existing ones because it takes into account all the direct and indirect relationships between the country–sector pairs, is applicable to both directed and weighted networks with self-loops, and takes into account externally defined node attributes. As a result, our measure of similarity reveals the most intensive interactions among the GVCs across countries and over time. From 1995 to 2011, the average similarity between sectors and countries have clear increasing trends, which are temporarily interrupted by the recent economic crisis. This measure of the similarity of GVCs provides quantitative answers to important questions about dependency, sustainability, risk, and competition in the global production system.

Regional Trade Agreements with Global Value Chains

FEDS Notes ◽  
2021 ◽  
Author(s):  
François de Soyres ◽  
◽  
Julien Maire ◽  
Guillaume Sublet ◽  
◽  
...  
Keyword(s):  
Trade Agreements ◽  
Global Value Chains ◽  
Regional Trade Agreements ◽  
Value Chains ◽  
Regional Trade ◽  
The World

This FEDS Note looks at the effect of Regional Trade Agreements on trade between the agreement zone and the rest of the world. Global Value Chains are associated with an increase in outflow. Hence, RTAs can be a stumbling block for multilateralism.

Position in global value chains and wages in Central and Eastern European countries

2022 ◽  
pp. 095968012110537
Author(s):  
Sabina Szymczak ◽  
Aleksandra Parteka ◽  
Joanna Wolszczak-Derlacz
Keyword(s):  
Value Chain ◽  
Global Value Chains ◽  
Final Demand ◽  
European Countries ◽  
Value Chains ◽  
Eastern European ◽  
Micro Data ◽  
Eastern European Countries ◽  
The Relationship ◽  
Import Intensity

This paper examines the relationship between the relative position of industries in Global Value Chains (GVC) and wages in 10 Central and Eastern European countries. We combine GVC measures of global import intensity of production, upstreamness and the length of the value chain with micro-data on workers. We find that the wages of Central and Eastern European countries workers are higher when their industry is at the beginning of the chain or at the end than in the middle. Secondly, wage changes depend on the interplay between upstreamness and GVC intensity. In sectors close to final demand, greater production fragmentation is associated with lower wages.

scholarly journals National industrial competence and global added value chains: methodological instrumentarium of macroeconomic analysis

2021 ◽  
pp. 40-52
Author(s):  
Sergey A. Tolkachev ◽  
◽  
Artyom Y. Teplyakov ◽  
Keyword(s):  
Industrial Development ◽  
Manufacturing Industry ◽  
Global Value Chains ◽  
Added Value ◽  
Value Chains ◽  
High Tech ◽  
Macroeconomic Analysis ◽  
The World ◽  
Manufacturing Activity ◽  
Production Value

In the context of the developing global economic crisis, it is important to have an adequate methodological toolkit for the global positioning of the manufacturing industry in different countries of the world in the production value chains. In this work, the authors made an attempt to further develop their own concept that solves this problem. A methodology for calculating indices reflecting the dynamics of national industrial competence “in the context” of the integration of the country’s manufacturing industries into global value chains is presented. The calculations and conclusions are based on the OECD TiVA statistical database (2018). The tendencies of industrial development of thirty economies of the world, including the Russian one, were identified, taking into account their “embedding” in global value chains. So, if the manufacturing industry of Russia, participating in the international division of labor, manages to maintain an average level of general national industrial competence, then its strategic positions associated with the development of high-tech industries can be qualified as “outsider”. The author’s methodology seems promising in terms of assessing the global economic positioning of countries and formulating recommendations for national regulators of manufacturing activity.

Effects of Cross-border Merger and Acquisition on the Operational Risk of US and Canadian Companies

2020 ◽  
pp. 097215091989509
Author(s):  
Bruno Lopes de Paula ◽  
Daiana Paula Pimenta ◽  
Ricardo Limongi França Coelho ◽  
Jaluza Maria Lima Silva Borsatto ◽  
Rafael Manoel de Oliveira
Keyword(s):  
Decision Making ◽  
Panel Data ◽  
Mergers And Acquisitions ◽  
Emerging Economies ◽  
Operational Risk ◽  
Merger And Acquisition ◽  
Emerging Countries ◽  
Cross Border ◽  
The World ◽  
The Relationship

The integration of the world economies is responsible for an increase in the number of cross-border mergers and acquisitions (M&A), together with the growing participation of companies from emerging countries in this type of investment. However, the area studies focus their analyses on the determinants, antecedents and profitability of the companies, leaving the effects of this type of business on the operational risk of the companies involved as a gap to be explored. To fill it, we used panel data regressions to identify the relationship between cross-border M&A and the operational risk of companies. The results indicate that acquiring companies based in emerging economies are the ones that suffer the most significant impacts on this type of business. As the implication, this study serves as a basis for the decision-making of the managers of the acquiring companies, being able to identify the risks of this activity and the ways of preventing them.

Made in the World? Global Value Chains in the Midst of Rising Protectionism

2020 ◽  
Vol 57 (2) ◽  
pp. 195-222 ◽  
Author(s):  
Sébastien Miroudot ◽  
Håkan Nordström
Keyword(s):  
Global Value Chains ◽  
Value Chains ◽  
The World ◽  
Made In

Structure of International Service Trade in Global Value Chains: Forward and Backward Linkages of Russia’s Participation

2020 ◽  
Vol 26 (1) ◽  
pp. 100-111
Author(s):  
K. S. Nefedov
Keyword(s):  
Least Squares Method ◽  
Generalized Least Squares ◽  
Global Value Chains ◽  
Service Industries ◽  
Innovation Activity ◽  
Value Chains ◽  
Service Trade ◽  
International Service ◽  
Different Types ◽  
The Relationship

Intensive globalization of production processes along with active internationalization of companies have created new opportunities for developing countries to participate in global value chains (GVC). Participation in GVCs makes it possible to analyze the contribution of individual industries to world trade at the level of countries and sectors.Aim. This paper aims to assess the growth of Russia’s participation in international service trade over the past years in a number of non-material sectors of the economy from the perspective of upgrading in GVCs and the associated positive dynamics in value adding processes.Objectives. The author examines the dynamics of Russia’s participation in service industries; analyzes the relationship between innovation activity and different types of participation in GVCs; identifies the current trends in the dynamics of Russia’s participation in the GVCs of non-material industries.Methods. This study uses the generalized least squares method to perform a regression analysis of panel data form 10 service industries for 2005–2015 and analyze the relationship between different types of Russia’s participation in the GVCs of service industries and innovation activity.Results. The relationship between innovation activity and different types of participation in GVCs is statistically proven. There was identified a general upward trend in Russia’s participation in international service trade. At the same time, the results of the analysis emphasize the importance of additional stimulation of innovation activity in order to increase Russia’s forward participation in international service trade and enable further upgrading in GVCs.

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