Izvorni znanstveni članak
https://doi.org/10.1080/1331677X.2022.2108474
Does regional value chain participation affect global value chain positions? Evidence from China
Lina Yu
Yaxiu Sun
Xinran Liu
Tao Wang
Sažetak
Does participation in the ASEAN-China regional value chain (RVC)
affect China’s manufacturing enterprises’ global value chain (GVC)
positions in the context of the establishment of the ASEAN-China
Free Trade Area (ACFTA)? In this paper, we discuss the theoretical
mechanisms and impacts of RVC participation on GVC positions and
use an input-output model to decompose the gross exports of
China by different sources and destinations. The model measures
China’s manufacturing industries’ total, upstream and downstream
participation within the ASEAN-China regional value chain. Using
panel data from the OECD for 2005 to 2015, the empirical results
show that (1) the participation of China’s manufacturing industries
in the RVC is conducive to improvement in their GVC positions, (2)
moving to more upstream can indeed promote the GVC positions
of enterprises, and (3) in contrast to labour-intensive and capitalintensive
manufacturing, knowledge-intensive manufacturing in
upstream activities of the RVC contributes the most to GVC positions.
It is suggested that China should develop knowledge-oriented
industries and move to more upstream of the ASEAN-China RVC to
raise manufacturing industries’ positions in the GVC.
Ključne riječi
Regional value chain; global value chain; China; manufacturing; regional integration; ACFTA
Hrčak ID:
306644
URI
Datum izdavanja:
30.4.2023.
Posjeta: 237 *