Back to Search
Start Over
Influence of international industrial transfer on the structural power of global value chain -Empirical evidence from manufacturing in RCEP Countries.
- Source :
- PLoS ONE; 3/7/2024, Vol. 19 Issue 3, p1-17, 17p
- Publication Year :
- 2024
-
Abstract
- International industrial transfer (IIT) has spawned changes in the deep-seated structural power of value-added. We creatively construct an IIT index which includes both scale and direction, and constructs the structural power (SP) of value-added based on added value. Furthermore, based on 15 RECP countries from 1995 to 2018, this study uses a two-fixed-effect regression model to investigate the IIT on the structural power of value-added of RCEP countries. The results show that: (1) IIT can significantly promote the structural power of value-added of RCEP countries, and the benchmark regression conclusion is still valid after a series of robustness tests; (2) Heterogeneity analysis shows that IIT has a more significant promoting effect on the structural power of value-added in developed countries than in developing countries and a more significant promoting effect on the structural power of value-added inward than on the structural power of value-added outward; (3) Intermediary mechanism test shows that IIT mainly affects the structural power of value-added through trade openness and foreign direct investment. The conclusions of this paper provide useful enlightenment for enhancing the structural power of manufacturing value-added in RCEP countries in the context of global value chain division. [ABSTRACT FROM AUTHOR]
Details
- Language :
- English
- ISSN :
- 19326203
- Volume :
- 19
- Issue :
- 3
- Database :
- Complementary Index
- Journal :
- PLoS ONE
- Publication Type :
- Academic Journal
- Accession number :
- 175914898
- Full Text :
- https://doi.org/10.1371/journal.pone.0291973