Global Value Chains and Spatial Spillovers of Economic Growth—Based on the Perspective of Participation and Status Index in Global Value Chain

Keping Men, Hui Sun () and Minglong Kou
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Keping Men: Center for Innovation Management Research of Xinjiang, Xinjiang University, Urumqi 830046, China
Hui Sun: Center for Innovation Management Research of Xinjiang, Xinjiang University, Urumqi 830046, China
Minglong Kou: Center for Innovation Management Research of Xinjiang, Xinjiang University, Urumqi 830046, China

Sustainability, 2022, vol. 14, issue 23, 1-18

Abstract: This paper mainly analyzed the spillover effect of GVC participation on economic growth and deconstructed it from the spatial perspective. It used the spatial Durbin model to study the impact of GVC participation on economic growth in 42 countries through empirical analysis, using the World Bank, WIOD, UIBE and other databases. The results are as follows: the improvement of a country’s GVC participation can effectively drive the development of its own economy and have a significant spillover effect on the economic development of its neighboring countries; The improvement of a country’s GVC status not only has a great promotion effect on its own economic development, but also has a relatively obvious promotion effect on the economic development of neighboring countries.

Keywords: spatial spillover; global value chain participation index; global value chain status index (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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