Revisiting international knowledge spillovers: the role of GVCs

IF 2.8 4区管理学 Q2 BUSINESS

Industrial and Corporate Change Pub Date : 2023-09-01 DOI:10.1093/icc/dtad046

Michele Delera, Neil Foster-McGregor

引用次数: 0

Abstract

The diffusion of knowledge is an important determinant of economic development. International trade has been established as a key mechanism in facilitating diffusion. The rise of global value chains (GVCs) has transformed trade in recent years. Yet the role of GVCs in giving rise to knowledge spillovers remains under-explored. In this paper, we study the elasticity of industry-level total factor productivity (TFP) to technology that is imported through intermediate trade in GVCs. To do so, we combine novel input–output decomposition methods with recent insights from the literature on the factor content of trade. We focus on a panel of 32 countries and 39 sectors over the 2000–2014 period using WIOD and OECD data. We find that domestic TFP is elastic to knowledge flows arising from GVCs and that the magnitude of this effect is larger relative to all other knowledge flows. We also find that GVC participation is particularly conducive to technology upgrading in countries that are far away from the technology frontier, and that GVC-related spillovers persist over large geographical distances.

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重新审视国际知识溢出:全球价值链的作用

知识的传播是经济发展的一个重要决定因素。国际贸易已被确立为促进扩散的关键机制。近年来，全球价值链的兴起改变了贸易。然而，全球价值链在产生知识溢出方面的作用仍然没有得到充分探讨。在本文中，我们研究了产业水平全要素生产率（TFP）对全球价值链中通过中间贸易进口的技术的弹性。为此，我们将新颖的投入产出分解方法与最近关于贸易要素含量的文献中的见解相结合。我们使用WIOD和经合组织的数据，重点研究了2000-2004年期间由32个国家和39个部门组成的小组。我们发现，国内全要素生产率对全球价值链产生的知识流动具有弹性，并且这种影响的幅度相对于所有其他知识流动都更大。我们还发现，全球价值链的参与特别有利于远离技术前沿的国家的技术升级，而且全球价值链相关的溢出效应在很大的地理距离上持续存在。

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.