This paper studies how upstreamness and downstreamness affect industry returns in global value chains. Up- and downstreamness measure the average distance from final consumption and primary inputs, respectively, and are computed from world input-output tables. We show that downstreamness is a...

There exist a plethora of developing country value chain studies based on a variety of methodological approaches, both in the academic literature and through policy reports. However, there has been little systematic synthesis of the findings and approaches taken in these studies. This study...

This study investigates how a financial market mechanism, auditing, shapes a firm's engagement in global value chains and product choice. We examine the effect of the Public Company Accounting Oversight Board's (PCAOB) inspections on non-U.S. auditors, which induce higher reporting quality of...

The paper investigates whether production networks are an important channel for the propagation of monetary policy shocks to the stock market in the Euro-area. To do so, it exploits a new comprehensive dataset on a time-series of input-output connections between European country-industries...

On March 22, 2018, Trump proposed to impose tariffs on up to $50 billion of Chinese imports leading to a significant concern over the "Trade War" between the US and China. We evaluate the market responses to this event for firms in both countries, depending on their direct and indirect exposures...

Much of the global economy is now dominated by global production networks that span countries and continents and connect producers and buyers in global supply chains. This complex and dynamic structure of economic activity has rapidly brought the productive capacity of developing countries...

The rise of private food standards has brought forth an ongoing debate about whether they work as a barrier for smallholders and hinder poverty reduction in developing countries. This paper uses a global value chain approach to explain the relationship between value chain structure and agrifood...

Purpose - The main purpose of this article is to identify some emergent issues when sustainability is introduced into global value chains. These issues deal with the conditions under which a sustainable global value chain might gain international competitiveness. Design/methodology/approach - An...

This paper examines the impacts of the COVID-19 pandemic on resilience. We argue that resilience is not a one-dimensional concept but has different meanings at the levels of the firm (operational efficiency), global value chains (appropriate governance), and the nation-state (national security)....