Number of the records: 1
Who benefits from global value chain participation? Does functional specialization matter?
- 1.
SYSNO ASEP 0544505 Document Type J - Journal Article R&D Document Type Journal Article Subsidiary J Článek ve WOS Title Who benefits from global value chain participation? Does functional specialization matter? Author(s) Pleticha, Petr (NHU-C) Source Title Structural Change and Economic Dynamics. - : Elsevier - ISSN 0954-349X
Roč. 58, September (2021), s. 291-299Number of pages 9 s. Language eng - English Country NL - Netherlands Keywords global value chains ; input-output analysis ; technology diffusion Subject RIV AH - Economics OECD category Applied Economics, Econometrics R&D Projects GA17-09628S GA ČR - Czech Science Foundation (CSF) GA17-09628S GA ČR - Czech Science Foundation (CSF) Method of publishing Limited access Institutional support NHU-C - Progres-Q24 UT WOS 000691799100004 EID SCOPUS 85108806713 DOI 10.1016/j.strueco.2021.06.005 Annotation Global value chain (GVC) participation has transformed many lines of business. The benefits it provides in terms of greater specialization and technology diffusion, however, do not spread identically across countries and industries. This paper shows that taking into account the functional specialization helps to explain how the benefits of GVC participation are distributed. Using data for 35 industries in 40 countries in 2000-2011, we estimate the impact of GVC participation on value added within a production function framework. The results indicate that there is heterogeneity in the effects of GVC participation, according to the functional specialization of the respective industry and its GVC partners. Participating in R&D-related GVCs is especially profitable for fabrication-oriented industries and low-developed countries. It follows that any GVC participation analysis will be incomplete if it fails to take the functional specialization of the GVC participants into consideration. Workplace Economics Institute - CERGE Contact Tomáš Pavela, pavela@cerge-ei.cz, Tel.: 224 005 122 Year of Publishing 2022 Electronic address https://doi.org/10.1016/j.strueco.2021.06.005
Number of the records: 1