scholarly journals Conceptual Aspects of Global Value Chains

2020 ◽  
Vol 34 (3) ◽  
pp. 551-574 ◽  
Author(s):  
Pol Antràs
Keyword(s):  
New Technologies ◽  
Global Value Chains ◽  
Value Chains ◽  
Firm Level ◽  
Country Level ◽  
The Future

Abstract This article offers an overview of some key conceptual aspects associated with the rise of global value chains (GVCs). It outlines a series of alternative interpretations and definitions of what the rise of GVCs entails, and it traces the implications of these alternative conceptualizations for the measurement of the phenomenon, as well as for elucidating the key determinants and implications of GVC participation, both at the country level and at the firm level. In the process, it offers some speculative thoughts about the future of GVCs in light of the advent of an array of new technologies.

Central and Eastern European states in global production linkages: country-level and sector-level analysis

2017 ◽  
pp. 38-60 ◽  
Author(s):  
Ewa Cieślik
Keyword(s):  
Global Value Chains ◽  
Jel Classification ◽  
European Countries ◽  
Value Chains ◽  
Eastern European ◽  
Large Share ◽  
Country Level ◽  
Western European ◽  
Eastern European Countries ◽  
Level Analysis

The paper evaluates Central and Eastern European countries’ (CEEs) location in global vertical specialization (global value chains, GVCs). To locate each country in global value chains (upstream or downstream segment/market) and to compare them with the selected countries, a very selective methodology was adopted. We concluded that (a) CEE countries differ in the levels of their participation in production linkages. Countries that have stronger links with Western European countries, especially with Germany, are more integrated; (b) a large share of the CEE countries’ gross exports passes through Western European GVCs; (c) most exporters in Central and Eastern Europe are positioned in the downstream segments of production rather than in the upstream markets. JEL classification: F14, F15.

A Portrait of Global Value Chain Linkages of Indian Manufacturing

2021 ◽  
Vol 3 (2) ◽  
pp. 235-250
Author(s):  
Ketan Reddy ◽  
Subash Sasidharan
Keyword(s):  
Value Chain ◽  
Global Value Chains ◽  
Value Chains ◽  
Global Value Chain ◽  
Value Addition ◽  
Jel Codes ◽  
Country Level ◽  
Forward Integration ◽  
Shed Light

This article provides an overview of India’s participation in global value chains (GVCs). Using multiple databases at the aggregate and industry levels, this article documents the trends in GVC participation of India during the last three decades. Authors further differentiate between India’s backward and forward integration at the country level before evaluating the industry-specific dynamics of GVCs in India. In this study, authors also shed light upon the rising servicification of Indian manufacturing, and highlight the importance of services’ value addition in promoting GVC integration of India. JEL Codes: F1, F15, D57

scholarly journals Internalizing Global Value Chains: A Firm-Level Analysis

2019 ◽  
Vol 127 (2) ◽  
pp. 508-559 ◽  
Author(s):  
Laura Alfaro ◽  
Pol Antràs ◽  
Davin Chor ◽  
Paola Conconi
Keyword(s):  
Global Value Chains ◽  
Value Chains ◽  
Firm Level ◽  
Level Analysis

scholarly journals Globally Trading Firms in Canada: Productivity and Global Value Chains

2021 ◽  
Vol 22 (1) ◽  
pp. 1-24
Author(s):  
Ram C. Acharya
Keyword(s):  
Economic Performance ◽  
Productivity Growth ◽  
Labour Productivity ◽  
Global Value Chains ◽  
Value Chains ◽  
Business Sector ◽  
Firm Level ◽  
Labour Productivity Growth ◽  
Level Data ◽  
Capital Intensive

Using firm-level data in Canada from 2002 to 2008, I compare the economic performance of three types of firms: those that both export and import (called globally trading firms—GTFs), exporters-only, and importers-only. The results show that GTFs are more productive, larger, more capital intensive, pay higher wages, trade more goods, and trade with more countries than both types of one-way traders. These premia for GTFs were found even before they turned into GTFs (self-selection). Moreover, even after turning into GTFs, the productivity growth of a subset of them was faster than that of one-way traders. The higher the involvement in global value chains (GVCs), the higher was the performance of the “learning-by-turning GTFs”. The GTFs with higher productivity growth were the ones that imported from multiple countries, not those that imported only from China. By another measure, they were both-in-both GTFs—those that traded both final and intermediate goods, and in both directions (exports and imports). Even though they employed only 10% of Canada’s business sector workforce, they contributed 60% of its labour productivity growth.

Artificial Intelligence (AI) and the future of international trade

2020 ◽  
pp. 71-79
Author(s):  
O. Vikulova ◽  
D. Gornostaeva
Keyword(s):  
Artificial Intelligence ◽  
International Trade ◽  
Global Economy ◽  
Global Value Chains ◽  
Social Consequences ◽  
Value Chains ◽  
The Social ◽  
The Future ◽  
The Impact

Based on the latest foreign sources, the article examines the impact of Artifi cial Intelligence and related robotics and automatization on the global economy, international trade, global value chains, the motivation and activities of companies, especially TNCs, the activities of the WTO, as well as the social consequences of these processes.

scholarly journals Measuring Global Value Chains

2018 ◽  
Vol 10 (1) ◽  
pp. 207-236 ◽  
Author(s):  
Robert C. Johnson
Keyword(s):  
Multinational Firms ◽  
Bilateral Trade ◽  
Value Added ◽  
Global Value Chains ◽  
Value Chains ◽  
Production Networks ◽  
Input Output ◽  
Firm Level ◽  
Level Data ◽  
Production Stages

Recent decades have seen the emergence of global value chains (GVCs), in which production stages for individual goods are broken apart and scattered across countries. Stimulated by these developments, there has been rapid progress in data and methods for measuring GVC linkages. The macro approach to measuring GVCs connects national input–output tables across borders by using bilateral trade data to construct global input–output tables. These tables have been applied to measure trade in value added, the length of and location of producers in GVCs, and price linkages across countries. The micro approach uses firm-level data to document firms’ input sourcing decisions, how import and export participation are linked, and how multinational firms organize their production networks. In this review, I evaluate progress in these two approaches, highlighting points of contact between them and areas that demand further work. I argue that further convergence between these approaches can strengthen both, yielding a more complete empirical portrait of GVCs.

scholarly journals FDI, Global Value Chains, and Local Sourcing in Developing Countries

2017 ◽  
Vol 17 (284) ◽  
Author(s):  
Vito Amendolagine ◽  
Andrea Presbitero ◽  
Roberta Rabellotti ◽  
Marco Sanfilippo ◽  
Adnan Seric
Keyword(s):  
Global Value Chains ◽  
Value Chains ◽  
Data Sets ◽  
Host Countries ◽  
African Countries ◽  
Firm Level ◽  
Foreign Investors ◽  
Level Data ◽  
Sub Saharan ◽  
Local Sourcing

The local sourcing of intermediate products is one the main channels for foreign direct investment (FDI) spillovers. This paper investigates whether and how participation and positioning in the global value chains (GVCs) of host countries is associated to local sourcing by foreign investors. Matching two firm-level data sets of 19 Sub-Saharan African countries and Vietnam to country-sector level measures of GVC involvement, we find that more intense GVC participation and upstream specialization are associated to a higher share of inputs sourced locally by foreign investors. These effects are larger in countries with stronger rule of law and better education.

scholarly journals Effect of the integration into Global Value Chains on the employment contract in Central and Eastern European countries

Equilibrium ◽  
2020 ◽  
Vol 15 (2) ◽  
pp. 275-294
Author(s):  
Dagmara Nikulin ◽  
Sabina Szymczak
Keyword(s):  
Value Added ◽  
Global Value Chains ◽  
European Countries ◽  
Labor Standards ◽  
Value Chains ◽  
Eastern European ◽  
Decent Work ◽  
Firm Level ◽  
Employment Contract ◽  
Eastern European Countries

Research background: In the era of globalization, there is a need to address decent work deficits in Global Value Chains (GVCs). The forms of working conditions reveal a broad dispersion of contents. The literature review exposes hardly any Europe-focused research assessing the socio-economic impact of global production links and going beyond their pure economic effects assessed in terms of employment, productivity or wages. Purpose of the article: This paper investigates how involvement in GVCs affects labor standards. In particular, we assess how the integration into GVCs impacts the probability of having indefinite type of employment contract, which stands for one of the decent work indicator. Moreover, we draw individual and firm-level characteristics determining the type of employment contract. Methods: We use linked employer-employee data from the Structure of Earnings Survey merged with industry-level statistics on GVCs based on World Input-Output Database — the sample is composed of over 5 million workers from 10 Central and Eastern European countries (CEEC) observed in 2014. The involvement into GVCs is measured using a novel approach based on the concepts of global import intensity (GII). We employ logistic regression with robust standard errors. Findings & Value added: Controlling for individual and firm-level characteristics (sex, age, education level, length of service in enterprise, size of the enterprise) we find that greater integration into GVCs increases the probability of having temporary type of employment contact, mainly in tradable sectors. However, across CEE countries the relation between GVC and employment type is mixed. In this way we expand the existing literature by reporting the effects of GVCs on labor standards in CEEC.

Anatomizing India’s Presence in Automotive Global Value Chains

2021 ◽  
pp. 001573252110399
Author(s):  
Ankita Dash ◽  
Rupa Chanda
Keyword(s):  
State Government ◽  
Structural Equation ◽  
Small And Medium Enterprises ◽  
Principal Component ◽  
Global Value Chains ◽  
Value Chains ◽  
Firm Level ◽  
Jel Codes ◽  
Potential Factors ◽  
Medium Enterprises

Global value chains (GVCs) are the modus operandi of contemporary international trade and production. However, the operational underpinnings of what facilitates or hinders participation of firms in their respective sectoral GVCs are surprisingly understudied. This article attempts to discover the potential factors—ranging from regulatory, institutional, technological, trade-related and financial to sectoral, and input-related elements—affecting GVC participation of automotive firms in India. A firm-level field survey was undertaken to better understand firms’ perceptions regarding these factors. The findings were analysed using principal component analysis (PCA) and partial least squares structural equation modelling (PLS-SEM), which revealed that certain policies such as state government initiatives and the Competition Act, as well as trade facilitation measures like standardisation of procedural requirements and trade agreements were the most significant factors aiding firms’ participation in automotive GVCs, while institutional, technological and input-related aspects were deterrents to such participation. Our findings have important implications for policymaking in the country for encouraging greater GVC participation of firms, especially small and medium enterprises. JEL Codes: F14, F6

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