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Analysis of Global Value Chain Participation and Competitiveness of Manufacturing Industries in Different Countries : Based on Export Decomposition Mode

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주제분류경영학

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This paper used the latest WIOD(2016) input-output table data, combined with the export production decomposition model (WWZ) proposed by Wang et al. and accordingly conducts a comparative analysis of the global value chain participation and manufacturing international competitiveness of a total of six countries in developed (America, German and Japan) and developing (China, Brazil and India) countries from 2000-2014, the results show that: (1) The degree of a country's participation in GVCs is not directly related to the type of country, but is closely related to the country's industrial structure; (2) GVC forward participation is generally higher in developed countries than in developing countries, indicating that the industrial structure of developed countries is more oriented towards trade in intermediate goods; (3) The level of GVC backward participation is also not directly related to the type of country, developed countries with manufacturing as the backbone and developing countries with primary industry as the base is much higher; (4) Developed countries generally have a revealed comparative advantage in Mid-High technology types of manufacturing, and developing countries generally have a revealed comparative advantage in low technology types of manufacturing; (5) The export decomposition model has obvious limitations when dealing with countries with a large number of outsourcing factories (China) and countries with serious industrial hollowing out (the United States), where the value added that actually belongs to the U.S. is wrongly added to the final producer China, leading to common sense problems in the results. The production decomposition model is recommended in future studies to calculate the new revealed comparative advantage index for the above countries

Abstract

This paper used the latest WIOD(2016) input-output table data, combined with the export production decomposition model (WWZ) proposed by Wang et al. and accordingly conducts a comparative analysis of the global value chain participation and manufacturing international competitiveness of a total of six countries in developed (America, German and Japan) and developing (China, Brazil and India) countries from 2000-2014, the results show that: (1) The degree of a country's participation in GVCs is not directly related to the type of country, but is closely related to the country's industrial structure; (2) GVC forward participation is generally higher in developed countries than in developing countries, indicating that the industrial structure of developed countries is more oriented towards trade in intermediate goods; (3) The level of GVC backward participation is also not directly related to the type of country, developed countries with manufacturing as the backbone and developing countries with primary industry as the base is much higher; (4) Developed countries generally have a revealed comparative advantage in Mid-High technology types of manufacturing, and developing countries generally have a revealed comparative advantage in low technology types of manufacturing; (5) The export decomposition model has obvious limitations when dealing with countries with a large number of outsourcing factories (China) and countries with serious industrial hollowing out (the United States), where the value added that actually belongs to the U.S. is wrongly added to the final producer China, leading to common sense problems in the results. The production decomposition model is recommended in future studies to calculate the new revealed comparative advantage index for the above countries

참고문헌 (37)

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