Inter-and intra-Asian regional value chains: Identifying country characteristics

Xian-nan Cheng, Shu-hui Wen, Na Ma and Qin Xiao

The Journal of International Trade & Economic Development, 2024, vol. 33, issue 2, 223-253

Abstract: Based on the decomposition of trade-related production activities in the global value chain, we analyze the characteristics of Asian countries from inter- and intra- Asian regional value chain (ARVC) perspectives between 2009 and 2019. Then, we investigate how Asian countries’ inter- and intra-ARVC positions influence their gross output in the global value chain. The results illustrate that the inter-ARVC position is positively correlated to the gross output for countries with large economies of scale. Furthermore, the inter-ARVC position is employed as the threshold variable to evaluate Asian countries’ performance in the intra-ARVC. When their inter-ARVC position is below the threshold value, increasing the intra-ARVC position cannot increase their gross output for all Asian countries. Countries with large economies of scale could benefit through intra-ARVC with a higher threshold value of inter-ARVC position compared with countries with small economies of scale.

Date: 2024
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DOI: 10.1080/09638199.2023.2169745

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