Influence of international industrial transfer on the structural power of global value chain -Empirical evidence from manufacturing in RCEP Countries.
PLoS One
; 19(3): e0291973, 2024.
Article
in En
| MEDLINE
| ID: mdl-38451902
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.
Full text:
1
Collection:
01-internacional
Database:
MEDLINE
Main subject:
Commerce
/
Industry
Language:
En
Journal:
PLoS One
Journal subject:
CIENCIA
/
MEDICINA
Year:
2024
Document type:
Article
Affiliation country:
China
Publication country:
EEUU
/
ESTADOS UNIDOS
/
ESTADOS UNIDOS DA AMERICA
/
EUA
/
UNITED STATES
/
UNITED STATES OF AMERICA
/
US
/
USA