Strengthening the stability of exports through GVC participation

Drawing on the literature that has shown the prevalence of short-lived trade relationships, the aim of this paper is to provide further understanding about this issue by exploring the impact of engaging in Global Value Chains (GVCs) on the chance of export survival at product-country level. We also...

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Detalles Bibliográficos
Autores: Díaz Mora, María del Carmen, Gandoy Juste, Rosario, González Díaz, Belén
Tipo de recurso: artículo
Fecha de publicación:2018
País:España
Institución:Universidad de Castilla-La Mancha
Repositorio:RUIdeRA. Repositorio Institucional de la UCLM
OAI Identifier:oai:ruidera.uclm.es:10578/19891
Acceso en línea:https://doi.org/10.1007/s10290-018-0326-4
http://hdl.handle.net/10578/19891
Access Level:acceso abierto
Palabra clave:Global Value Chains
Export survival
Developing countries
Backward and Forward GVC participation
Discrete-time duration models
Cadenas de valor globales
Supervivencia de las exportaciones
Países en desarrollo
Participación hacia atrás y hacia adelante de GVC
Modelos de duración discreta
Descripción
Sumario:Drawing on the literature that has shown the prevalence of short-lived trade relationships, the aim of this paper is to provide further understanding about this issue by exploring the impact of engaging in Global Value Chains (GVCs) on the chance of export survival at product-country level. We also investigate whether the type of GVC participation (backward or forward) matters for export survival. Furthermore, we consider the level of development of countries with which GVC linkages are established. Our findings endorse the hypothesis that deeper participation in GVCs is a key factor in explaining stability in trade relationships, mainly for developing countries where the trade flows are especially fragile. We also find different effects depending on the type of GVC involvement and on whether the value chain partners are advanced or developing.