scholarly journals Domestic value chains as stepping stones to global value chain integration

World Economy ◽  
2019 ◽  
Vol 42 (5) ◽  
pp. 1467-1494 ◽  
Author(s):  
Cosimo Beverelli ◽  
Victor Stolzenburg ◽  
Robert B. Koopman ◽  
Simon Neumueller
Keyword(s):  
Value Chain ◽  
Value Chains ◽  
Global Value Chain ◽  
Stepping Stones

The Invisible Networks of Global Production: Re-Imagining the Global Value Chain in Legal Research

2020 ◽  
Vol 16 (1) ◽  
pp. 95-117
Author(s):  
Anna Beckers
Keyword(s):  
Value Chain ◽  
Value Chains ◽  
Global Value Chain ◽  
Commodity Chain ◽  
Production Network ◽  
Production Networks ◽  
Global Production Networks ◽  
Legal Research ◽  
Legal Rules ◽  
Global Production Network

AbstractReviewing the burgeoning legal scholarship on global value chains to delineate the legal image of the global value chain and then comparing this legal image with images on global production in neighbouring social sciences research, in particular the Global Commodity Chain/Global Value Chain and the Global Production Network approach, this article reveals that legal research strongly aligns with the value chain image, but takes less account of the production-centric network image. The article then outlines a research agenda for legal research that departs from a network perspective on global production. To that end, it proposes that re-imagining the law in a world of global production networks requires a focus in legal research on the legal construction of global production and its infrastructure and a stronger contextualization of governance obligations and liability rules in the light of the issue-specific legal rules that apply to said infrastructure.

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 Competitive Conditions in Global Value Chain Networks: An Assessment Using Entropy and Network Analysis

Entropy ◽  
2020 ◽  
Vol 22 (10) ◽  
pp. 1068 ◽  
Author(s):  
Georgios Angelidis ◽  
Evangelos Ioannidis ◽  
Georgios Makris ◽  
Ioannis Antoniou ◽  
Nikos Varsakelis
Keyword(s):  
Value Chain ◽  
Value Added ◽  
Value Chains ◽  
Global Value Chain ◽  
Degree Centrality ◽  
Sector Structure ◽  
Input Output ◽  
Weighted Degree ◽  
The World ◽  
Weighted Degree Centrality

We investigated competitive conditions in global value chains (GVCs) for a period of fifteen years (2000–2014), focusing on sector structure, countries’ dominance and diversification. For this purpose, we used data from the World Input–Output Database (WIOD) and examined GVCs as weighted directed networks, where countries are the nodes and value added flows are the edges. We compared the in-and out-weighted degree centralization of the sectoral GVC networks in order to detect the most centralized, on the import or export side, respectively (oligopsonies and oligopolies). Moreover, we examined the in- and out-weighted degree centrality and the in- and out-weight entropy in order to determine whether dominant countries are also diversified. The empirical results reveal that diversification (entropy) and dominance (degree) are not correlated. Dominant countries (rich) become more dominant (richer). Diversification is not conditioned by competitiveness.

scholarly journals The financialisation–offshoring nexus and the capital accumulation of US non-financial firms

2019 ◽  
Vol 43 (5) ◽  
pp. 1183-1218 ◽  
Author(s):  
Tristan Auvray ◽  
Joel Rabinovich
Keyword(s):  
Financial Markets ◽  
Value Chain ◽  
Capital Accumulation ◽  
Global Value Chains ◽  
Value Chains ◽  
Global Value Chain ◽  
Financial Assets ◽  
Financial Firms ◽  
Productive Activities ◽  
Panel Regressions

Abstract The financialisation of non-financial corporations has drawn the attention of many scholars who have identified two main channels through which financialisation occurs: a higher proportion of financial assets compared to non-financial ones and a higher amount of resources diverted to financial markets. A consequence of this process is a decrease in investment. Parallel to financialisation, many non-financial corporations have also engaged in an internationalisation of their productive activities, organising them under global value chains. Though offshoring may also explain the decrease in the level of investment of non-financial firms, the intersections between the literature on financialisation and the literature on global value chain remain surprisingly underdeveloped. This paper contributes to fill this gap using panel regressions for US non-financial corporations between 1995 and 2011. We find evidence that both offshoring and financialisation are determinants to the decrease in investment and that financialisation occurs mainly among firms belonging to sectors prone to offshoring.

Global Value Chains, Industrial Hubs, and Economic Development in the Twenty-first Century

2020 ◽  
pp. 1048-1068
Author(s):  
Gary Gereffi ◽  
Xinyi Wu
Keyword(s):  
Value Chain ◽  
Raw Materials ◽  
The United States ◽  
First Century ◽  
Value Chains ◽  
Supply Side ◽  
Global Value Chain ◽  
Demand Side ◽  
Trade War ◽  
Athletic Footwear

This chapter uses the global value chain (GVC) framework to analyse the shifting strategies of key lead firms and first-tier suppliers in the athletic footwear and electronics industries. Growing cost pressures for labour and raw materials, as well as the potential political disruption from the escalating ‘trade war’ between the United States and China and the accelerating technological disruption sparked by the digital economy on both the demand side (e.g. e-commerce) and the supply side (e.g. automation) of GVCs, are encouraging brand leaders and major suppliers in both GVCs (such as Adidas and Nike in footwear, and Apple and Foxconn in electronics) to pursue automation in select factories in their supply chains. However, the industrial hubs where athletic footwear and electronics production is concentrated remain overwhelmingly labour-intensive, both in China and elsewhere in Asia (such as Vietnam and Indonesia) where big suppliers are moving to diversify their options.

scholarly journals Global Value Chain Governance in the MNE: A Dynamic Hierarchy Perspective

2022 ◽  
pp. 000812562110685
Author(s):  
Paul Ryan ◽  
Giulio Buciuni ◽  
Majella Giblin ◽  
Ulf Andersson
Keyword(s):  
Value Chain ◽  
Multinational Enterprise ◽  
Global Value Chains ◽  
Value Chains ◽  
Global Value Chain ◽  
Global Efficiency ◽  
Supply Line ◽  
Severe Shock ◽  
Crisis Conditions ◽  
Managerial Response

The pandemic crisis caused a severe shock to global value chains and led to supply shortages for complex medical goods such as respiratory ventilators. What followed were calls to reshore production for security, and the loss of efficiencies from foreign global value chain (GVC) operations for the multinational enterprise. This article merges internalization and GVC theory to demonstrate a dynamic hierarchy managerial response to these crisis conditions. An optimally configured GVC under hierarchy governance can resiliently eliminate global supply line ruptures yet maintain the benefits of global efficiency.

scholarly journals The New Triangular Relationship between the US, China, and Latin America: The Case of Trade in the Autoparts-Automobile Global Value Chain (2000–2019)

2021 ◽  
pp. 186810262110246
Author(s):  
Enrique Dussel Peters
Keyword(s):  
Latin America ◽  
Value Chain ◽  
Structural Changes ◽  
Value Chains ◽  
Future Research ◽  
Global Changes ◽  
Global Value Chain ◽  
The Us ◽  
The Caribbean ◽  
Triangular Relationship

During 2000–2019, the autoparts-automobile global value chain (AAGVC) underwent significant structural changes from a number of perspectives: micro, meso, or inter-firm relations, macroeconomic, and territorial shifts. This document will focus on recent trade debates on the “new triangular relationship” between the US–China and Latin America and the Caribbean (LAC), and Mexico, and specifically on trade in the AAGVC during 2000–2019. In addition to the discussion on global value chains (GVCs) and its implications, the document analyses in detail qualitative and quantitative global changes in the AAGVC and specifically in US imports during 2000–2019, highlighting the performance of Mexico and China in trade, tariffs, and transportation costs. Conclusions include a set of future research topics.

scholarly journals Global Value Chain Resilience: Understanding the Impact of Managerial Governance Adaptations

2022 ◽  
pp. 000812562110666
Author(s):  
Liena Kano ◽  
Rajneesh Narula ◽  
Irina Surdu
Keyword(s):  
Value Chain ◽  
Structural Changes ◽  
Lessons Learned ◽  
Value Chains ◽  
Global Value Chain ◽  
Short Term ◽  
Initial Shock ◽  
Lead Firm ◽  
The Impact

While COVID-19 has caused significant short-term disruptions in global value chains (GVCs), in the longer run, the pandemic will not be the primary catalyst in GVC evolution. As GVCs recover from the initial shock, managers will make GVC restructuring decisions guided by long-term strategic considerations. This article describes barriers that lead firm managers may encounter when rethinking location/control decisions for value chain activities and suggests that, in addition to structural changes, managerial governance adaptations are instrumental in enhancing GVCs’ long-term resilience. Lessons learned from responding to the pandemic can help managers enhance GVC efficiency in the increasingly uncertain global environment.

scholarly journals Exercising associational and networked power through the use of digital technology by workers in global value chains

2020 ◽  
pp. 102452942090328
Author(s):  
Nicole Helmerich ◽  
Gale Raj-Reichert ◽  
Sabrina Zajak
Keyword(s):  
Value Chain ◽  
Information Exchange ◽  
Production Management ◽  
Digital Technologies ◽  
Global Value Chains ◽  
Digital Tools ◽  
Value Chains ◽  
Global Value Chain ◽  
Power Resources ◽  
Footwear Industry

While there are heated debates about how digitalization affects production, management and consumption in the context of global value chains, less attention is paid to how workers use digital technologies to organize and formulate demands and hence exercise power. This paper explores how workers in supplier factories in global value chains use different digital tools to exercise and enhance their power resources to improve working conditions. Combining the global value chain framework and concepts from labour sociology on worker power, the paper uses examples from the garment industry in Honduras and the footwear industry in China to show how workers used old and new digital tools to create and enhance associational and networked powers. Digital tools were used by workers and their allies in the global value chain to lower costs of communication, increase information exchange and participate in transnational campaigns during labour struggles vis-à-vis firms and governments in structurally and politically repressive environments. The paper contributes to our understanding of how workers use of digital technologies to exercise and combine different resources of power in online and offline actions in global value chains, as well as how they are confronted by new dimensions of constrains which include digital surveillance and control by the state.

scholarly journals The intensification of foreign trade in post-socialist countries and their role in global value chains

2016 ◽  
Vol 66 (3) ◽  
pp. 465-487 ◽  
Author(s):  
Ewa Cieślik ◽  
Jadwiga Biegańska ◽  
Stefania Środa-Murawska
Keyword(s):  
Foreign Trade ◽  
Value Chain ◽  
Global Value Chains ◽  
Value Chains ◽  
Special Focus ◽  
Global Value Chain ◽  
Western European ◽  
Pass Through ◽  
Complex Methods ◽  
The Eu

This article presents the transformation of foreign trade in 10 post-socialist countries, current members of the EU. Special focus is given to the more significant role these countries began to play in global value chains (GVCs) as a result of liberalisation processes and integration within the EU. In addition, the article evaluates their place in global vertical specialisation. To locate each country on a global value chain and to compare them with selected countries, more complex methods of measuring the level of participation of European post-socialist countries in GVCs were employed. These methods allow the position of a country downstream or upstream in GVCs to be established. We concluded that (a) post-socialist countries differ in the levels of their participation in GVCs. Countries that have stronger links with Western European countries, especially with Germany, are more integrated; (b) a large share of post-socialist countries’ exports pass through Western European GVCs; (c) most exporters in Central and Eastern Europe are positioned in downstream segments of production rather than upstream markets.

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