Determinants of Global Value Chain Participation : Cross-Country Evidence

Fernandes, Ana ; Kee, Hiau Looi ; Winkler, Deborah

World Bank, Washington, DC

关键词: GLOBAL VALUE CHAIN;    FACTOR ENDOWMENTS;    TRADE POLICY;    FOREIGN DIRECT INVESTMENT;   

DOI  :  10.1596/1813-9450-9197
RP-ID  :  WPS9197

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

The past decades witnessed big changesin international trade with the rise of global value chains.Some countries, such as China, Poland, and Vietnam, rode thetide, while other countries, many in the Africa region,faltered. This paper studies the determinants ofparticipation in global value chains, based on empiricalevidence from a panel data set covering more than 100countries over the past three decades. The evidence showsthat factor endowments, geography, political stability,liberal trade policies, foreign direct investment inflows,and domestic industrial capacity are very important indetermining participation in global value chains. Thesefactors affect participation in global value chains morethan traditional exports.