scholarly journals Assessing Participation and Position of Vietnam in Global Value Chains

2021 ◽  
Vol 14 (1) ◽  
pp. 29-39
Author(s):  
Shashi Kant Chaudhary
Keyword(s):  
Labour Force ◽  
Global Value Chains ◽  
Foreign Firms ◽  
Value Chains ◽  
Production Networks ◽  
Global Production Networks ◽  
Industrial Base ◽  
Position Index ◽  
Middle Stream ◽  
Openness To Trade

Vietnam’s policy of openness to trade and investment has made it integrated very quickly with the global production networks, also known as global value chains, which has brought many visible fortunes to it in terms of socio-economic achievements. To have a deeper insight into the prospects and constraints of its integration into global value chains, and also to assess its degree of integration, this paper has employed Koopman et al. (2010) approach to measure the participation index, and position index. The analysis shows that the participation of Vietnam in global value chains has increased significantly in the last two decades based on strengthening FDI-led exports of Vietnam. It also shows that most of the exporting industries are located in the middle-stream in the value curve and are net buyers of intermediate products for exports, which infers the presence of predominant I2E practices in Vietnam. The paper also identifies and assesses the risk I2E practices are prone to. Scenario analysis suggests that Vietnam shall focus on upskilling of its labour force and developing indigenous industrial base. In the meantime, domestic firms shall be encouraged to collaborate with foreign firms and densify into global value chains.

scholarly journals Sustainability in global production networks – Introducing the notion of extended supplier networks

2018 ◽  
Vol 22 (3) ◽  
pp. 255-273 ◽  
Author(s):  
Rachel Alexander
Keyword(s):  
Network Model ◽  
Multiple Scales ◽  
Analytical Framework ◽  
Global Value Chains ◽  
Value Chains ◽  
Production Networks ◽  
Global Production Networks ◽  
Manufactured Products ◽  
Sustainability Challenges ◽  
Supplier Networks

Research considering globalized production as taking place within global production networks and global value chains has potential to provide insights into the challenges of sustainable production. However, studies employing these approaches to look at manufactured products have often concentrated on connections between lead buyers and upper tier suppliers and given insufficient attention to exploring interactions across all stages of production. In this article, the concept of extended supplier networks is introduced to address this gap by explicitly looking at how all stages of production are connected. The extended supplier network model that is presented provides an analytical framework that enables multiple scales of analysis in the study of sustainability challenges.

scholarly journals Capital as Subject: Global Value Chains Analysis and Labour Relations in India’s Auto Industry

2016 ◽  
Vol 7 (3) ◽  
Author(s):  
Tom Barnes ◽  
Krishna Shekhar Lal Das ◽  
Surendra Pratap
Keyword(s):  
Automotive Industry ◽  
Auto Industry ◽  
Global Value Chains ◽  
Value Chains ◽  
Production Networks ◽  
Global Production Networks ◽  
Labour Relations

<strong></strong>It is widely recognised that labour has been downplayed in the literature on global value chains (GVCs) and global production networks (GPNs). While several scholars have tried to bring labour ‘back in’ to GVC research, others suggest this agenda does not go far enough and fails to challenge mainstream political and economic assumptions. This paper takes its cue from claims that labour is ‘co-constitutive’ in the development of GVCs/GPNs, using a case study of India’s rapidly-growing automotive industry. It goes further in arguing for a greater focus on capitalist subjectivity in the structure and organisation of GVCs. While the growing dialogue between global labour studies and GVC scholarship has emphasised labour subjectivity, there has been a tendency to underestimate the role of capital.

scholarly journals Transnational sustainability laws and the regulation of global value chains: comparison and a framework for analysis

2019 ◽  
Vol 26 (5) ◽  
pp. 602-627
Author(s):  
Jaakko Salminen ◽  
Mikko Rajavuori
Keyword(s):  
Value Chain ◽  
Analytical Framework ◽  
Global Value Chains ◽  
Value Chains ◽  
Global Value Chain ◽  
Corporate Disclosure ◽  
Production Networks ◽  
Global Production Networks ◽  
The Social ◽  
Lead Firm

Several corporate disclosure and due diligence laws related to the social and environmental impacts of globalized production have been enacted across the world over the last decade. While the emergence, operation and impact of such ‘transnational sustainability laws’ have already been extensively analysed, their legal operability remains poorly understood. This a significant omission because transnational sustainability laws form a novel and increasingly important attempt to conceptualize and govern the new logic of global production networks—global value chains—and their regulatory infrastructure. Against this backdrop, this article deploys a comparison of eleven recent transnational sustainability laws and develops an analytical framework to probe legally-operative conceptualizations of global value chains. By analysing how transnational sustainability laws conceptualize the value chain, the lead firm and adequate value chain governance, we argue, these instruments emerge as proxies for a legally-operative framework that better delineates the emerging law of global value chains. Thus, our analysis contributes to growing literature on the potential and limits of transnational sustainability laws as well as to the development of nascent ‘global value chain law’.

scholarly journals Participating to Compete: Do Small Firms in Developing Countries Benefit from Global Value Chains?

Economies ◽  
2021 ◽  
Vol 9 (1) ◽  
pp. 12
Author(s):  
Mauro Boffa ◽  
Marion Jansen ◽  
Olga Solleder
Keyword(s):  
Value Chain ◽  
Small Firms ◽  
Probit Model ◽  
Global Value Chains ◽  
Value Chains ◽  
Large Firms ◽  
Production Networks ◽  
Global Production Networks ◽  
Reverse Causality ◽  
Trade Theory

Standard trade theory suggests that the profile of exporting firms is characterized by large firms which dominate domestic productivity distribution. Large manufacturing multinationals have increased their productivity by participating, creating and shaping global production networks. In recent decades, trade flows have become increasingly dominated by trade-in-tasks within global production networks. Given the importance of pro-competitive effects in establishing the gains from trade following trade liberalizations, it is important to look at the link between participation in global value chains and a firm’s competitiveness. The paper does so by using the International Trade Centre’s competitiveness index, for small, medium-sized and large firms, coupled with global value chain participation measures extracted from multi-regional input-output tables, and together forming a panel dataset at country and firm category level. The main finding establishes that the gains from integration into value chains are greater for small firms than for large firms. In particular, at the sample median, an increase of participation by 2.5% reduces the competitiveness gap between small and large firms by 1.25%. In addition, the analysis suggests that it is the use of foreign inputs that drives the result. In contrast, the domestic value in intermediate goods matters only in cases where value chains respond to domestic demand needs. The identification strategy relies on a fractional probit model allowing for unobserved effects, and a causal framework using the depth of trade agreements as instrument, in order to mitigate potential reverse causality.

Determinants of SME integration into global value chains

2017 ◽  
Vol 14 (3) ◽  
pp. 313-331 ◽  
Author(s):  
Chandra Mouli V.V. Kotturu ◽  
Biswajit Mahanty
Keyword(s):  
Manufacturing Industry ◽  
Global Value Chains ◽  
Value Chains ◽  
Production Networks ◽  
Global Production Networks ◽  
Key Factors ◽  
Automotive Component ◽  
Content Type ◽  
Factors Influencing ◽  
Component Manufacturing

Purpose In recent years, due to intense competition, small and medium-sized enterprises (SMEs) are unable to meet performance expectations and find difficulty in fulfilling the needs of the original equipment manufacturers (OEMs). Consequently, the growth of the SMEs has slowed down considerably. Constrained by their infrastructural resources, SMEs’ participation in global value chains (GVCs) has the potential to bring significant benefits, such as enhancing technological learning and innovation and generating positive contributions to the development of the SMEs. The purpose of this paper is to explore competitive priorities, key factors, and causal relationships influencing SMEs to enter GVCs. Design/methodology/approach In this paper, the GVC framework is adopted and qualitative feedback loop analysis is used to identify the key factors influencing the competitive factors. A questionnaire survey was carried out with the automotive component manufacturers of a transnational corporation in India. Findings The survey in the automotive component manufacturing industry reveals product quality standards as the most important priority for joining global production networks, followed by price competitiveness, timely delivery, innovativeness, manufacturing flexibility, service, and dependability. The qualitative findings reveal continuous personnel training, capacity expansion, research development, and others as key factors influencing competitiveness. Practical implications To retain SMEs’ role in economic development and to accelerate the growth of global production networks in India, thereby realizing opportunities from the emerging GVCs, support is needed for SMEs regarding the aspects identified in this study. Originality/value The study explores the dynamics of each competitive priority of SMEs in Indian automotive component manufacturing industry to enter the GVCs. No study has explored the dynamics of SMEs competitiveness to enter GVCs in the automotive manufacturing industry.

Sign in / Sign up

Export Citation Format

Share Document