We study how technology adoption and changes in global value chain (GVC) integration jointly affect labor shares and business function specialization in a sample of 14 manufacturing industries in 14 European countries in 1999-2011. Our main contribution is to highlight the indirect effect of...

Did multinational production (MP) exacerbate or mitigate the collapse of international trade during the Great Recession? What role did MP and trade links play in propagating economic shocks across countries? I resolve the "Multinationals' Resilience Puzzle" during the Great Recession by...

This paper analyses the effect of offshoring (i.e., the relocation of activities previously performed in-house to foreign countries) on various firm outcomes (domestic employment, production, and productivity). It uses data from the International Sourcing Survey (ISS) 2017 for Germany, linked to...

The coronavirus disease (COVID-19) pandemic has highlighted the crucial role of vaccines in public health management and economic recovery. Its worldwide impact has raised national security concerns and implications on health policies, particularly on Asia Pacific countries' readiness to cope...

We revisit the debate on the role of technological improvement and market share reallocation in determining aggregate productivity gains. Contrary to previous work that neglects dependencies between suppliers in global value chains, we explicitly account for input linkages that impact both...

Geographically dispersed production networks have allowed countries to specialise in different functions of the value chain. By making use of two methodologies for quantifying the magnitude of functional specialisation - one based on trade flows and one based on FDI flows - detailed profiles of...

We develop a quantitative general equilibrium model to examine the impact of multinational production on the within-country wage gap between skilled and unskilled workers. The model predictions are consistent with salient features of multinational firms in the data. Counterfactuals of a...

This review paper is based on the Impact of the Global value chain (GVC) on the performance of Small Medium Enterprises (SMEs) based on five types of research that have been conducted in four countries in Sri Lanka, Viet Nam, Thailand and Indonesia. Each research studied different aspects of the...

Using confidential individual firm data from the Bureau of Economic Analysis survey of U.S. firms' manufacturing operations abroad, we investigate the determinants of capital intensity in affiliate operations. Host country labor cost, the scale of host country production, and the capital...

SME in today act a significant role in a country economy just like the large firms contributing to the GDP, employment and other macro-economic variables in the particular country. Global value chain analysis has a significant impact on the SME to engage in global business. Many researchers...

This dissertation attempt to review the selected five research articles from Enhancing SME Participation in Global Value Chains: Determinants, Challenges, and Policy Recommendations Asian Development Bank which has examined the factors that determine SMEs’ participation in Global Value...

This study assesses the impacts of global value chain (GVC) on the performance of SMEs. A descriptive analysis is done using five related research papers published on the journal of “Enhancing SME Participation in Global Value Chains: Determinants, Challenges, and Policy Recommendations”...

Global value chains (GVCs) have changed the paradigm of global production affecting international trade, the labour market and productivity, and the way policymakers define trade policy and competitiveness. This topic extensively reviews empirical research on the impact of living organisms...

This paper shows that a one standard deviation increase in customer countries realized return is associated with substantial increase in supplier country returns. Thus, network of trade links can transmit relevant economic information

Sustainability in global value chains (GVCs) hinges on the interplay between specialisation, scale, and efficiency effects. This paper reviews different strands of literature which provide evidence on these channels. The evidence that I collect suggests that the sustainability impacts of GVCs...

While countries make use of a wide range of policies to attract multinational firms, identifying the effect of such policies is difficult. Combining firm-level data on both the location of these firms' foreign affiliates and detailed service-specific information from Costa Rica's investment...

Is the emphasis placed in trade and industry policy-making in developing countries on the share of domestic value-added ('value-added ratio') in exports consistent with the objective of achieving economic development through an export-oriented development strategy? This paper examines the...

The practice of sourcing service inputs from overseas suppliers has been growing in response to new technologies that have made it possible to trade in some business and computing services that were previously considered non-tradable. This paper estimates the effects of offshoring on...

Fears that production abroad would cause home country exports and employment to fall have not been confirmed by evidence. Multinational operations have led to a shift by parent firms in the United States toward more capital- intensive and skill- intensive domestic production. However, that type...

Despite the persistent fears that production abroad by U.S. multinationals reduces employment at home, there has, in fact, been almost no aggregate shift of production or employment to foreign countries. Some continuing shifts to foreign locations by U.S. manufacturing firms have been largely...

Global Value Chain (GVC), The full range of activities (design, production, marketing, distribution, and support to the final consumer, etc.) that are divided among multiple firms and workers across geographic spaces to bring a product from its conception to its end use and beyond.Most of the...

We propose a multi-country endogenous growth model to understand the innovation relocation led by multinational production (MP). The model squares with the fact that countries with large net outward (inward) MP tend to specialize in product (process) innovation. The calibrated model shows that...

This study examines the impacts of the integration of Global Value Chains (GVCs) through backward and forward linkages on employment in Turkey. This study is based on the world input-output data (WIOD) table of 2016. The study analyzes the trends of GVCs participation indicators from 2000 to...

In this paper we examine the main transformations that are affecting European automotive industry and which challenges, in particular due to the transition to new forms of propulsion, the industry is going to face. The automotive industry is central to the European economy and the nature of the...

This study investigates the performance of the Small and Medium Entrepreneurs on participating in GVC. Throughout the study, it shows how the performance of SME s impact when they involve in global value chain by using the data which is gain from the countries Indonesia, Thailand, Vietnam, and...

In the present world international trade is the key functions of most countries’ economic growth and development. With development of the information and communications Technology, global trade transactions have been become close familiar for all traders. The resources have not spread as...

Abstract is this review study is based on the impact of the Global Value Chain on the performance of Small and Medium Enterprises (SMEs). This evaluation is based on a qualitative analysis of the statistical data from five nations. Based on the findings, it was discovered that there is a link...