Published January 1, 2020
| Version v1
Journal article
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Implications of participation in global value chains for international trade network
- 1. Gebze Tech Univ, Dept Econ, Gebze, Turkey
- 2. Sci & Technol Res Council Turkey, Informat & Informat Secur Res Ctr, Gebze, Turkey
Description
This paper investigates the relationship between participations of countries in Global Value Chains (GVCs) and their positions in the International Trade Network (ITN). Our estimates indicate that there is a strong relationship between the GVC participation and the network position of a country. We find that forward participation is associated with more clustered but fewer trade links, whereas backward participation is associated with less clustered but more trade links. We then interpret these results by expressing the background of value chains, and this provides us a clear understanding for the nexus between GVCs and ITN.
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