The Effect of the Regional Comprehensive Economic Partnership on Taiwan’s Global Value Chain of the Electronic Information Industry
Cheyuan Liu,
Jianrui Zhou,
Wen Wen,
Fangzhou Liu (),
Liuyin Ji () and
Chunyu Zhang ()
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Cheyuan Liu: School of Economics and Management, Guangxi Normal University, Guilin 541004, China
Jianrui Zhou: School of Economics and Management, Guangxi Normal University, Guilin 541004, China
Wen Wen: School of Politics and Public Administration, Guangxi Normal University, Guilin 541004, China
Fangzhou Liu: School of Economics and Management, Guangxi Normal University, Guilin 541004, China
Liuyin Ji: School of Economics and Management, Guangxi Normal University, Guilin 541004, China
Chunyu Zhang: School of Economics and Management, Guangxi Normal University, Guilin 541004, China
Sustainability, 2025, vol. 17, issue 1, 1-16
Abstract:
Taiwan (China) is a global leader in the electronic information industry. However, previous studies have paid limited attention to the impact of international trade policies on Taiwan’s electronic information sector. This study aims to examine the effects of the Regional Comprehensive Economic Partnership (RCEP) on the global value chain (GVC) of Taiwan’s electronic information industry. Using the GTAP 10.0 database, this study applies the GVC-CGE model to measure the GVC participation and position index of the electronic information industry in Taiwan (China), Mainland China, and other RCEP member economies. The results show that, in the short term, the RCEP does not have a significant impact on Taiwan’s electronic information industry’s participation or position in the global value chain. However, in the long term, it is likely to negatively affect Taiwan’s forward participation and position. Economies within the RCEP that possess technological or resource advantages are expected to see improvements in their electronic information industry’s value chain position. As a result, Taiwan’s electronic information industry faces the risk of being displaced in the global division of labor. These findings offer valuable insights into the position of the electronic information industry of Taiwan (China) within the global value chain, highlight the importance of regional economic cooperation, and provide crucial information for the development of this industry. This study reveals how the Regional Comprehensive Economic Partnership contributes to the regional reconfiguration of global value chains and its potential impacts on Taiwan’s electronic information industry. We suggest that Taiwan should engage more actively in East Asian regional economic cooperation to mitigate these potential negative effects as much as possible.
Keywords: Regional Comprehensive Economic Partnership; global value chains; Taiwan; GVC-CGE model; electronic information industry (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:17:y:2025:i:1:p:281-:d:1559108
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