Abstract

We use the 2000–2007 Chinese firm-level data to measure firms' embeddedness in the global value chain (GVC), and employ the entropy balance (EB) method to investigate the effect of GVC participation on enterprise productivity. The results show that China's manufacturing enterprises experience significant productivity improvement effects from GVC embeddedness. Specifically, this effect is obvious in capital-intensive, technology-intensive, and general trading enterprises, whereas the effect is unclear in processing trade and labor-intensive enterprises. R&D intensity can strengthen the GVC productivity effect for foreign-owned, general trade, and technology-intensive enterprises, while government subsidy intensity can strengthen the same for private and technology-intensive enterprises.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.