EAN: 9789819700202

GLOBAL VALUE CHAINS AND INDUSTRIAL DEVELOPMENT ...

This book aims to investigate the global value chain (GVC) from a viewpoint of industrial
development and examine how GVC participation  upgrading  and connectivity have affected
structural transformation in developing economies. It first reviews the indexes to measure
progresses in GVC participation and upgrading. Then it examines factors affecting these
progresses  using original measures of connectivity  which are computed based on the complex
network theory. Another distinguished feature of the study is its in-depth analyses on the
relationship between economic development and GVC participation based on the hypothesis of
nonlinear relationship which is drawn from authors past studies on Asian economies. Major
findings include (1) inverted-U shaped relationship between backward participation and income
levels  (2) U shaped relationship between forward participation and income level  (3) marginal
but significant impacts of maritime and aviation connectivity on GVC participation  (4)
significant and different roles of basic and advanced education on the upgrading in GVCs  and
(5) the importance of technological intensities in export in sustaining economic growth.

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