Global Value Chain, GVC、biased technological change and reginal total factor productivity differences

Xiongfeng Pan and Jiahong Yuan

Technological Forecasting and Social Change, 2024, vol. 206, issue C

Abstract: We discuss the link between global value chains (GVC) and the widening differences in total factor productivity (TFP) across regions. Firstly, the empirical evidence from China indicates that differences in technological bias may be a vital factor in TFP differences. Further, we test the connection between GVC and regional TFP differences, providing a new explanation from the perspective of technological bias. Due to different speeds of factors mobility, GVC can intensify regional factor cost disparities, thereby expanding technological bias differences. As a result, it impedes regional TFP convergence. Finally, we have tested the above mechanism using data from China.

Keywords: Global value chain; Technological bias; TFP differences; Regional inequalities (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0040162524003342
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:tefoso:v:206:y:2024:i:c:s0040162524003342

DOI: 10.1016/j.techfore.2024.123538

Access Statistics for this article

Technological Forecasting and Social Change is currently edited by Fred Phillips

More articles in Technological Forecasting and Social Change from Elsevier
Bibliographic data for series maintained by Catherine Liu ().