Conceptual Aspects of Global Value Chains

Pol Antras

No 26539, NBER Working Papers from National Bureau of Economic Research, Inc

Abstract: I offer an overview of some key conceptual aspects associated with the rise of global value chains (GVCs). I outline a series of alternative interpretations and definitions of what the rise of GVCs entails, and I trace the implications of these alternative conceptualizations for the measurement of the phenomenon, as well as for elucidating the key determinants and implications of GVC participation, both at the country level and at the firm level. In the process, I offer some speculative thoughts about the future of GVCs in light of the advent of an array of new technologies.

JEL-codes: D5 F1 F2 F4 F6 (search for similar items in EconPapers)
Date: 2019-12
New Economics Papers: this item is included in nep-int and nep-ore
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Citations: View citations in EconPapers (6)

Published as Pol Antràs, 2020. "Conceptual Aspects of Global Value Chains," The World Bank Economic Review, vol 34(3), pages 551-574.

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Working Paper: Conceptual Aspects of Global Value Chains (2019)
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