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

  • Published In: Journal of International Commerce, Economics & Policy, 2024, v. 15, n. 3. P. 1 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Özbuğday, Fatih Cemil; Waqar, Shahid Mahmood 3 of 3

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. [ABSTRACT FROM AUTHOR]

Additional Information

  • Source:Journal of International Commerce, Economics & Policy. 2024/10, Vol. 15, Issue 3, p1
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2024
  • ISSN:1793-9933
  • DOI:10.1142/S1793993324500170
  • Accession Number:181553490
  • Copyright Statement:Copyright of Journal of International Commerce, Economics & Policy is the property of World Scientific Publishing Company and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

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