Setembro 2017 vol. 4 num. 2 - II Encontro Nacional de Economia Industrial e Inovação
Artigo Completo - Open Access.
Do international fragmentation of production and the participation in Global Value Chains lead to higher growth rates?
Do international fragmentation of production and the participation in Global Value Chains lead to higher growth rates?
HERMIDA, Camila do Carmo ; XAVIER, Clésio Lourenço ; SILVA, Guilherme Jonas Costa da ;
Artigo Completo:
Este artigo desenvolve uma abordagem empírica pioneira sobre a relação entre comércio e crescimento econômico de longo prazo a partir da compreensão das novas configurações de comércio expressas na fragmentação internacional da produção e na formação das Cadeias Globais de Valor. Para tanto, utilizou-se uma nova metodologia de decomposição das exportações brutas em medidas de valor adicionado, desenvolvida por Koopman et al. (2010; 2014), e indicadores estimados a partir de dados provenientes da matriz de insumo-produto global - WIOT. Duas hipóteses gerais foram testadas para uma amostra de 40 países no período de 2003 a 2011 via painel dinâmico (Difference GMM e System GMM). As evidências econométricas apresentadas corroboram a hipótese de que a fragmentação e a participação em CGV asseguram maiores taxas de crescimento para os países, mas também denota que a posição dos países nas CGV se faz relevante: países especializados em atividades a montante em setores de alta tecnologia e serviços tendem a crescer mais que países localizados a montante em setores primários.
Artigo Completo:
This paper develops a pioneering empirical approach on the relationship between trade and long-run economic growth from the understanding of the new trade setups expressed in the international fragmentation of production and the formation of Global Value Chains. Therefore, we used a new methodology for decomposition of gross exports in value-added measures, developed by Koopman et al. (2010; 2014), and indicators estimated from data of the global input-output matrix - WIOT. Two general hypotheses were tested for a sample of 40 countries from 2003 to 2011 through a dynamic panel (Difference GMM and System GMM). The econometric evidences presented supports the hypothesis that the fragmentation and participation in GVC ensure higher growth rates for countries, but also denotes that the position of countries in the GVC is relevant: countries specializing in upstream activities in high-tech sectors and services tend to grow faster than countries located upstream in primary sectors.
Palavras-chave: Fragmentação, Cadeias Globais de Valor, especialização vertical, valor adicionado, crescimento econômico,
Palavras-chave: Fragmentation, Global Value Chain, vertical specialization, value added, economic growth,
DOI: 10.5151/enei2017-42
Referências bibliográficas
- [1] Arellano, M. and Bond, S. (1991). “Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations.” Review of Economic Studies, Vol. 58, pp. 277-297.
- [2] Baldwin, R. (2013) “Global supply chains: why they emerged, why they matter and where are they going.” Elms, D. and Low, P. Global Value Chains in a Changing World. Fung Foundation, Temasek Foundation and World Trade Organization. Geneva, Switzerland, pp. 13-59.
- [3] Blundell, R. and S. Bond. (1998) “Initial conditions and moment restrictions in dynamic panel data models.” Journal of Econometrics, Vol. 87 No.1, pp. 115-14
- [4] Dalle, D., Fossati, V. and Lavopa, F. (2014) “Industrial Policy and development space; The missing piece in the GVC debate.” VOX CEPR's Policy Portal, 13 April, pp. 1-
- [5] Dedrick, J., .Kraemer, K.L and Linden, G. (2008) “Who Profits From Innovation in Global Value Chains? A Study of the iPod And Notebook PCs.” Industrial and Corporate Change, Vol. 19 No. 1, pp. 81-116.
- [6] Foster, N., De Vries, G. and Stehrer, R. (2012) “Offshoring and the Skill Structure of Labour Demand”, Working Paper 86, The Vienna Institute for International Economic Studies (wiiw), Viena, June.
- [7] Foster, N., Stehrer, R. and Timmer, M. (2013) “International fragmentation of production, trade and growth: Impacts and prospects for EU member states.” European Economy. Economic Papers 484, Brussels, Belgium.
- [8] Gereffi, G. (1999) “International trade and industrial upgrading in the apparel commodity chain.” Journal of international economics, Vol. 48, pp. 37-70.
- [9] Gereffi, G., Humphrey, J. and Sturgeon, T. (2005) “The governance of global value chains.” Review of International Political Economy, Vol. 12. No. 1, pp. 78-104.
- [10] Hummels, D., J. Ishii and YI, K. (2001) “The Nature and Growth of Vertical Specialization in World Trade.” Journal of International Economics Vol. 54, pp. 75–96.
- [11] Kaminski, B. and NG, F. (2001) “Trade and production fragmentation: Central European economies in European Union networks of production and marketing.” Policy Research Working Paper Series 2611, The World Bank, June.
- [12] Kaplinsky, R. and Morris, M. (2002) A Handbook for Value Chain Research. Institute of Development Studies, pp.1-109.
- [13] Kawakami, M. and Sturgeon, T.J. (2010) “Global value chains in the electronics industry: was the crisis a window of opportunity for developing countries?” Policy Research Working Papers. World Bank group, September.
- [14] Koopman, R, W. Powers, Z. Wang, Usitc and S.Wei. (2010) Give Credit Where Credit Is Due: Tracing Value Added in Global Production Chains. NBER Working 16426, NBER, September.
- [15] Koopman, R. Wang W. and Wei, S.J. (2014) Tracing Value-Added and Double Counting in Gross Exports. American Economic Review, Vol. 104, No. 2, pp. 459-94.
- [16] Lemoine, F., and Unal-Kesenci, D. (2004) “Assembly trade and technology transfer: The case of China.” World Development, Vol. 32, No. 5, pp. 829-850.
- [17] OECD (2013) “Interconnected economies: benefiting from global value chains.” Synthesis Report, 272p.
- [18] OECD-WTO (2012) Trade in Value-Added: Concepts, Methodologies and Challenges, 2012.
- [19] Quast, B.A. and Kummritz, V. (2015) “decompr: Global Value Chain decomposition in R.” CTEI Working Papers, vol. 1.
- [20] UNCTAD (2013) “Global Value Chains: Investment and Trade for Development.” World Investment Report 2013. United Nations: New York/Geneva, pp.1-264.
Como citar:
HERMIDA, Camila do Carmo; XAVIER, Clésio Lourenço; SILVA, Guilherme Jonas Costa da; "Do international fragmentation of production and the participation in Global Value Chains lead to higher growth rates?", p. 756-775 . In: .
São Paulo: Blucher,
2017.
ISSN 2357-7592,
DOI 10.5151/enei2017-42
últimos 30 dias | último ano | desde a publicação
downloads
visualizações
indexações