Global value chains in sub-Saharan Africa: The role of business regulations, policies and institutions

Shawkat Hammoudeh, Aviral Tiwari, Emmanuel Abakah and David Adeabah

Emerging Markets Review, 2023, vol. 57, issue C

Abstract: This paper investigates the impact of business regulations, policies and institutions on global value chains (GVCs) in Sub-Saharan Africa (SSA). It uses the latest release of the Eora MRIO IO database to compute the GVC indictors. The World Bank's doing business indicators are used as business regulatory measures and the Country Policy and Institutional Assessment (CPIA) indicators are also used as policies and institutional quality measures. The empirical evidence is based panel data analyses and panel quantile regressions as the estimation techniques. The findings show that business regulations, institutional and policy initiatives are critical factors in determining the level of GVC participation in Africa. The results also provide evidence that Africa countries could enhance their participation in the global value chain through improved business regulations, policies and institutions.

Keywords: Global value chains; Business regulations; Institutional measures; Quantile techniques; GMM (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1566014123000778
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ememar:v:57:y:2023:i:c:s1566014123000778

DOI: 10.1016/j.ememar.2023.101072

Access Statistics for this article

Emerging Markets Review is currently edited by Jonathan A. Batten

More articles in Emerging Markets Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().