GVCs Embeddedness and Its Effects on Industrial Productivity: Evidence from Turkish Manufacturing Industries

Fatih Cemil Özbuğday () and Shahid Mahmood Waqar
Additional contact information
Fatih Cemil Özbuğday: Department of Economics, Dumlupinar Mah, Ankara Yildirim Beyazit University, Esenboga Merkez Kulliyesi Block B, Esenboga, Ankara, Türkiye
Shahid Mahmood Waqar: ��Department of Economics, Nangarhar University, Jalalabad, Afghanistan

Journal of International Commerce, Economics and Policy (JICEP), 2024, vol. 15, issue 03, 1-31

Abstract: This study examines the impact of global value chain (GVC) embedding degree and position on productivity in Turkish manufacturing industries from 2003 to 2018 using a two-step system generalized method of moments (GMM). It explores variations in these effects between low-tech and high-tech industries. Results indicate a significant positive productivity effect for low-tech industries and an insignificant effect for high-tech and overall manufacturing industries. Furthermore, our findings suggest that embedding position has limited effects in all three contexts. This study reveals a statistically significant productivity impact of FDI, financial development, subsidies, and openness for overall manufacturing industries, with significant positive effects observed only for FDI and trade openness in low-tech and high-tech industries.

Keywords: GVC; embedding degree; embedding position; TFP; low-tech; high-tech; system GMM; Türkiye (search for similar items in EconPapers)
JEL-codes: D24 F14 F21 O14 O19 O33 (search for similar items in EconPapers)
Date: 2024
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.worldscientific.com/doi/abs/10.1142/S1793993324500170
Access to full text is restricted to subscribers

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:wsi:jicepx:v:15:y:2024:i:03:n:s1793993324500170

Ordering information: This journal article can be ordered from

DOI: 10.1142/S1793993324500170

Access Statistics for this article

Journal of International Commerce, Economics and Policy (JICEP) is currently edited by Ramkishen S. Rajan

More articles in Journal of International Commerce, Economics and Policy (JICEP) from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().