Dynamic Impacts of Global Value Chains Participation on Asian Developing Economies
Dynamic Impacts of Global Value Chains Participation on Asian Developing Economies
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DOI：
10.1177/0015732514543586
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发表时间：
2014-11
影响因子：
1.3
通讯作者：
Hiroyuki Taguchi
中科院分区：
文献类型：
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作者：
Hiroyuki Taguchi
本文旨在通过研究以亚洲发展中国家为重点的增值贸易模式，研究全球价值链（以下简称 GVC）参与的动态经济影响。我们的主要发现如下。首先，一个经济体参与制造业部门的全球价值链使得出口的绝对国内增加值能够对GDP增长做出贡献。其次，全球价值链参与经济体国内增加值对出口的贡献遵循“微笑曲线”发展路径，底部为人均GDP 5651美元。第三，微笑曲线的拐点根据制造业的不同而不同：机械、电气和运输设备行业达到拐点的人均GDP高于食品、纺织和木制品行业。这些观察结果暗示了全球价值链影响的动态过程，全球价值链参与的初始阶段减少了国内增加值对出口的贡献，但在全球价值链参与升级国内生产能力的后期，这一贡献得到恢复。尤其是机械、电气和运输设备等高价值行业的复苏需要更长的时间。
This article aims to investigate the dynamic economic impacts of global value chains (hereafter GVCs) participation by examining value-added-trade patterns focusing on Asian developing countries. Our main findings were as follows. First, an economy’s participation in GVCs in manufacturing sectors has allowed an absolute domestic value added for exports to contribute to GDP growth. Second, the development paths of domestic value added contribution to exports in a GVCs participating economy have followed ‘smile curve’ with the bottom being 5,651 US dollars in per capita GDP. Third, the turning points of smile curves differed according to manufacturing sectors: the sectors of machinery, electrical and transport equipment reach the turning point at higher per capita GDP than those of food, textile and wood products. These observations imply the dynamic process of GVCs impacts, where the initial stage of GVCs participation has reduced domestic value added contribution to exports, but it has been recovered at a later stage of GVCs involvement with upgrading domestic productive capacities. In particular, this recovery has taken a longer time for such high-value sectors as machinery, electrical and transport equipment.