scholarly journals Trade Costs, Global Value Chains and Economic Development

2016 ◽  
Author(s):  
Yuan Zi
Keyword(s):  
Economic Development ◽  
Global Value Chains ◽  
Trade Costs ◽  
Value Chains

scholarly journals Trade costs, global value chains and economic development

2018 ◽  
Author(s):  
Yuan Zi
Keyword(s):  
Developing Countries ◽  
Economic Development ◽  
Value Chain ◽  
Wage Gap ◽  
Global Value Chains ◽  
Trade Costs ◽  
Value Chains ◽  
Trade Frictions ◽  
The Impact ◽  
North And South

Abstract This paper develops a model to study the impact of trade costs on developing countries’ industrialization when sequential production is networked in global value chains (GVCs). In a two-country setting, a decrease in trade costs of intermediates is associated with South joining and moving up the value chain and both North and South experiencing a welfare improvement. The wage gap between North and South first increases and then decreases. Extending the model to a multi-country setting, I show that reduced trade frictions lead to South countries joining GVCs due to wage differentials and low trade costs. This increases the wage in North but may decrease the wages of South countries that are already part of the network. Moreover, South countries that join tend to be regionally clustered. The model provides a first look at GVCs from the development angle, and raises policy questions regarding the governance of GVCs.

Customs regulation of activities on the territory of special economic zones

2021 ◽  
Author(s):  
Veronika Grigoryevna Iordanova ◽  
Andrei Romanovich Bojko
Keyword(s):  
Economic Development ◽  
Russian Federation ◽  
Foreign Investment ◽  
Economic Activity ◽  
Global Value Chains ◽  
Value Chains ◽  
Special Economic Zones ◽  
Socio Economic Development ◽  
The Russian Federation ◽  
Economic Zones

In the article, the authors analyze the functioning of special economic zones in the Russian Federation. Currently, based on the established world practice, special economic zones can act as a catalyst for attracting foreign investment and ensuring effective regional socio-economic development. Therefore, according to the authors, the issues of improving the functioning of the SEZ are of particular importance. The analysis of the results of the functioning of special economic zones in the Russian Federation shows that there is a significant potential for their development. Due to the fact that the functioning of special economic zones is inextricably linked with the conduct of foreign economic activity, and the SEZs themselves are a tool for integrating the country into global value chains, the issues of customs regulation of activities on their territory become important, which acts as an effective way for the state to influence foreign economic activity and have significant opportunities in stimulating the development of special economic zones in the Russia. In this regard, the study of the application of customs regulation measures as important factors in the development of special economic zones in the Russian Federation is very relevant. Special attention was paid to the study of the regulatory framework for the application of customs procedures in respect of goods imported into the territory of special economic zones and exported from such territories. According to the results of the study, it was found that there are significant gaps in the current legislative regulation of this range of legal relations. The article formulates specific measures that can contribute to improving the efficiency of the functioning of special economic zones in the Russian Federation.

Varieties of Compressed Development

2020 ◽  
pp. 113-138
Author(s):  
D. Hugh Whittaker ◽  
Timothy J. Sturgeon ◽  
Toshie Okita ◽  
Tianbiao Zhu
Keyword(s):  
Economic Development ◽  
Developed Countries ◽  
Global Value Chains ◽  
The State ◽  
Value Chains ◽  
Less Developed Countries ◽  
Large Market ◽  
Role Of The State ◽  
Do So

Chapter 5 explores the ways in which less-developed countries experience the era-related effects of compressed development and try to cope with them. Chapter 4 compared late-developer Japan and compressed-developer China, but countries with poor or mixed records of economic development also face the opportunities and constraints of compression, and must do so with institutions, policies, and industries which emerged under prior conditions. Large-market less-developed countries such as Brazil, India, and even China face the era effects of compression, with legacies that are often poorly suited and sometimes antithetical to the demands of global value chains and technology ecosystems. Discontinuities and differences across sectors further complicate the role of the state in the era of compressed development.

scholarly journals Accumulating Trade Costs and Competitiveness in Global Value Chains

2017 ◽  
Author(s):  
Antonia Diakantoni ◽  
Hubert Escaith ◽  
Michael Roberts ◽  
Thomas Verbeet
Keyword(s):  
Global Value Chains ◽  
Trade Costs ◽  
Value Chains

scholarly journals A Study of Lacquerware Industry’s Upgrading and Sustainability Strategies from the Perspective of GVCs—Using China Fuzhou Lacquerware Industry as Example

2021 ◽  
Vol 13 (9) ◽  
pp. 4937
Author(s):  
Jianping Huang ◽  
Chinlon Lin ◽  
Yang Gao ◽  
Chun-liang Chen
Keyword(s):  
Economic Development ◽  
Local Community ◽  
Core Competency ◽  
Global Value Chains ◽  
Value Chains ◽  
Sustainability Strategies ◽  
Development Initiatives ◽  
Upgrading Strategies

To discover how the lacquerware industry realizes its core competency, it is important to explore its upgrading strategies in the global value chains. The purpose of this study is to discuss the upgrading strategies applied during the lacquerware industry’s four economic stages and the approach to realize the industry’s sustainability. Results show that (1) OEM enterprises reach process upgrading with four strategies, ODM enterprises reach product upgrading with five strategies, OBM enterprises reach functional upgrading with four strategies, and OSM enterprises reach chain upgrading with two strategies; (2) the lacquerware industry‘s main elements in SSCM include the long-standing relations, reprocessing of defective products, employing the local community, and participation in regional and transregional development initiatives, wherein the design sector is the main link in the SSCM of the lacquerware. The result and implications provided by this study can serve as a reference for other lacquerware and local traditional handicraft industries that are seeking to upgrade and achieve sustainability during their economic development.

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