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Financialization and the upgrading of export enterprises:A global value chain perspective

Bo Cao and Long Wang

Applied Economics Letters, 2025, vol. 32, issue 7, 901-907

Abstract: In recent years, the financialization of enterprises has been increasing. The impact of financialization on exporters’ upgrading was studied in this article from a global value chain (GVC) perspective with the data of listed companies from 2007 to 2013. A remarkable negative impact is found from financialization on firms’ export upgrading in our paper. And it also provides helpful insights for enhancing export competitiveness.

Date: 2025
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DOI: 10.1080/13504851.2023.2291092

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