Influence of international industrial transfer on the structural power of global value chain -Empirical evidence from manufacturing in RCEP Countries

Yu Zhang, Lee Joohyeong, Minjian Qiao and Minglong Kou

PLOS ONE, 2024, vol. 19, issue 3, 1-17

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.

Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://journals.plos.org/plosone/article?id=10.1371/journal.pone.0291973 (text/html)
https://journals.plos.org/plosone/article/file?id= ... 91973&type=printable (application/pdf)

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:plo:pone00:0291973

DOI: 10.1371/journal.pone.0291973

Access Statistics for this article

More articles in PLOS ONE from Public Library of Science
Bibliographic data for series maintained by plosone ().