This paper analyses the transformation of Suzhou, known previously for its Sunan model of development into a globalizing foreign direct investment (FDI) and high-technology centre. It is argued that the key to the transformation has been the efforts of states in utilizing global capital, mainly...

Wei Y. H. D., Lu Y. and Chen W. Globalizing regional development in Sunan, China: does Suzhou Industrial Park fit a neo-Marshallian district model?, Regional Studies. This paper analyses the transformation of Suzhou, known previously for its Sunan model of development into a globalizing foreign...

Recent studies document a decline in the share of labour and a simultaneous increase in the share of residual (‘factorless') income in national GDP. We argue the need for study of factor incomes in cross-border production to complement country studies. We define a GVC production function that...

Recent studies document a decline in the share of labour and a simultaneous increase in the share of residual ('factorless') income in national GDP. We argue the need for study of factor incomes in cross-border production to complement country studies. We define a GVC production function that...

This research constructs a simple dynamic model to illustrate the micro-mechanism of industrial upgrading along the global value chains. Our model demonstrates the following results. (1) Firms in the value chains manage to upgrade from downstream to upstream stages by acquiring higher...