Peer Effects in Productivity and Differential Growth: A Global Value-Chain Perspective

IF 2.8 4区管理学 Q2 BUSINESS

Industrial and Corporate Change Pub Date : 2023-06-07 DOI:10.1093/icc/dtad022

Philipp Mundt, Ivan Savin, Uwe Cantner, Hiroyasu Inoue, Simone Vannuccini

引用次数: 0

Abstract

Abstract Using multinational input–output data, we analyze how the productivity of countries adjusted for participation in global value chains affects their output growth in manufacturing sectors. Based on parametric and non-parametric methods, we find that value-chain linkages are critical to the productivity–growth nexus and help to explain cross-country differences in sectoral output growth rates compared to the situation where these linkages are ignored. Our results have implications for macroeconomics, where they point to peer effects in productivity as drivers of growth, and for economic development, where they illustrate how the participation in global value chains may outweigh disadvantages in productive performance at the level of individual countries. They may also encourage future empirical tests of replicator dynamics to verify whether global value chains can explain the weak evidence of selection forces at the firm level.

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生产率和差异增长中的同伴效应:全球价值链视角

摘要利用跨国投入产出数据，我们分析了参与全球价值链调整后的国家生产率如何影响其制造业产出增长。基于参数和非参数方法，我们发现价值链联系对生产率-增长关系至关重要，并有助于解释与忽略这些联系的情况相比，部门产出增长率的跨国差异。我们的研究结果对宏观经济学和经济发展具有启示意义，前者指出了生产率作为增长驱动力的对等效应，后者说明了参与全球价值链可能会在个别国家层面上抵消生产绩效方面的劣势。它们还可能鼓励未来对复制因子动力学进行实证测试，以验证全球价值链是否可以解释企业层面上选择力的薄弱证据。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Industrial and Corporate Change Multiple-

CiteScore

5.10

自引率

4.00%

发文量

期刊介绍： The journal covers the following: the internal structures of firms; the history of technologies; the evolution of industries; the nature of competition; the decision rules and strategies; the relationship between firms" characteristics and the institutional environment; the sociology of management and of the workforce; the performance of industries over time; the labour process and the organization of production; the relationship between, and boundaries of, organizations and markets; the nature of the learning process underlying technological and organizational change.