Trade Facilitation and Global Value Chain Participation: Cross-country Analysis

IF 1.1 Q4 BUSINESS
Ketan Reddy, Subash Sasidharan
{"title":"Trade Facilitation and Global Value Chain Participation: Cross-country Analysis","authors":"Ketan Reddy, Subash Sasidharan","doi":"10.1177/00157325241239720","DOIUrl":null,"url":null,"abstract":"In this article, we examine the role of trade facilitation in fostering firm participation in global value chains (GVCs). We use cross-sectional data for 115 economies spanning 2006–2018 sourced from World Bank Enterprise Surveys. We employ four trade indicators which are as follows: customs, regulation quality, loans and digitalization proxying for trade facilitation measures and we correct for reverse causality using the instrumental variable approach. Our empirical findings highlight that customs requirements deter GVC participation of the firm. Further, adhering to government regulations, having access to loans and digital communication adoption fosters supply chain integration of the firm. The present study also finds favourable heterogenous effects of trade facilitation on GVC participation of less productive firms and larger firms. Our findings are robust to alternative methods of endogeneity correction and GVC definitions.JEL Codes: F1, F19, F14","PeriodicalId":29933,"journal":{"name":"Foreign Trade Review","volume":"166 1","pages":""},"PeriodicalIF":1.1000,"publicationDate":"2024-04-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Foreign Trade Review","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1177/00157325241239720","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0

Abstract

In this article, we examine the role of trade facilitation in fostering firm participation in global value chains (GVCs). We use cross-sectional data for 115 economies spanning 2006–2018 sourced from World Bank Enterprise Surveys. We employ four trade indicators which are as follows: customs, regulation quality, loans and digitalization proxying for trade facilitation measures and we correct for reverse causality using the instrumental variable approach. Our empirical findings highlight that customs requirements deter GVC participation of the firm. Further, adhering to government regulations, having access to loans and digital communication adoption fosters supply chain integration of the firm. The present study also finds favourable heterogenous effects of trade facilitation on GVC participation of less productive firms and larger firms. Our findings are robust to alternative methods of endogeneity correction and GVC definitions.JEL Codes: F1, F19, F14
贸易便利化与全球价值链参与:跨国分析
本文研究了贸易便利化在促进企业参与全球价值链(GVC)中的作用。我们使用了世界银行企业调查提供的 2006-2018 年 115 个经济体的横截面数据。我们采用了以下四个贸易指标:海关、监管质量、贷款和数字化,作为贸易便利化措施的代理指标,并使用工具变量法修正反向因果关系。我们的实证研究结果表明,海关要求阻碍了企业对全球价值链的参与。此外,遵守政府法规、获得贷款和采用数字通信技术都会促进企业的供应链整合。本研究还发现,贸易便利化对生产率较低的企业和规模较大的企业参与全球价值链具有有利的异质性影响。我们的研究结果对其他内生性校正方法和全球价值链定义都是稳健的:F1, F19, F14
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
CiteScore
2.50
自引率
23.10%
发文量
37
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信