Global Value Chains: A Survey of Drivers and Measures

Amador, João; Cabral, Sónia

doi:10.1111/joes.12097

Cited by 174 publications

(116 citation statements)

References 141 publications

(207 reference statements)

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…1 For a survey of GVCs drivers, see Amador and Cabral (2014 share of the purchase of intermediaries over total sales; sh_int_abr: share of the purchase of intermediaries from abroad over total sales; share w/ university degree: share of employees with a university degree; share in training: share of employees in training; product innovation: dummy equal to one if the firm carried out product innovations; process innovation: dummy equal to one if the firm carried out process innovations; National group: dummy equal to one if the firms belongs to a national group; Foreign group: dummy equal to one if the firms belongs to a foreign group. …”

Section: Discussionmentioning

confidence: 99%

Value Chains and the Great Recession: Evidence from Italian and German Firms

Accetturo

Giunta²

2016

SSRN Journal

View full text Add to dashboard Cite

Section: Discussionmentioning

confidence: 99%

Value Chains and the Great Recession: Evidence from Italian and German Firms

Accetturo

Giunta²

2016

SSRN Journal

View full text Add to dashboard Cite

Section: Long-run Modelmentioning

confidence: 99%

“…Such necessary raw materials may have to be imported. Alternatively, firms choose to create production chains in which different stages of producing a particular commodity are done in different countries (see Spencer, 2005;Baldwin, 2012;Amador and Cabral, 2014). The desire to explore and diversify investments may also cause investors to seek investment opportunities outside their home countries (see Ndikumana, 2000;Ghirmay, 2004;Mak et al, 2012).…”

Section: Globalization and Private Investmentmentioning

confidence: 99%

“…This creates economies of scale and causes increased domestic competition which eventually drives private investment. The paper notes that Spencer (2005), Baldwin (2012), and Amador and Cabral (2014 indicate globalization increases private investment.Also in Model 1, the coefficient of the exchange volatility variable ( ERV ) is negative and statistically significant at 1 per cent level. Exchange rate volatility therefore reduces private investment.…”

mentioning

confidence: 99%

See 1 more Smart Citation

Democracy, Globalization and Private Investment in Ghana

Obeng

Akoto

Acquah³

2017

Global Business Review

View full text Add to dashboard Cite

The paper examines the effect of democracy and globalization on private investment in Ghana for the period 1980-2012, using the Autoregressive Distributed Lag (ARDL) bounds test for cointegration and the Error Correction Model (ECM). Two models are used. In Model 1, democracy is proxy by an index for institutional quality (Polity2) while Model 2 uses an index for civil liberties as proxy for democracy. The results for model 1 shows globalization and public investment increase private investment while exchange rate volatility and trade openness decrease private investment in both the long-and short-run. In addition, economic growth and interest rate reduce private investment in the short-run. In the case of model 2, credit to the private sector and public investment increase private investment while exchange rate volatility and trade openness decrease private investment in both the long-and short-run. Finally, economic growth and interest rate reduce private investment in the short-run. The findings and policy recommendations of the paper provide vital information for policy implementation in Ghana.Keywords: democracy, globalization, private investment, ARDL, ECM 1 Corresponding Author: Department of Economics, Kwame Nkrumah University of Science and Technology (KNUST), Kumasi, Ghana, Email: sammyatom2007@yahoo.com Tel. +233 (0) 246 219421 2 Department of Economics, Kwame Nkrumah University of Science and Technology (KNUST), Kumasi, Ghana, Email: akotol@ymail.com 3 Records and Archives Department, National Investment Bank (N.I.B.) Ltd., P.O. Box GP 3726, Accra. Email: feliciaacquah88@yahoo.com IntroductionPrivate investment is considered the engine of economic growth (Frimpong and Marbuah, 2010). This is because the private sector is deemed relatively more efficient in allocating resources compared to the public sector. In addition, there is less wastage in the private sector. Also, due to constant monitoring and evaluation, productivity in the private sector is assured. Finally, competition arises from the desire to maximize profits which eventually leads to increased consumer welfare (see Nickell, 1996;Porter, 1998Porter, , 2000Rodrik, D, 2006). It is therefore not surprising that most notable industrializations in history have been led by the private sector (McDade and Spring, 2005).Private investment is mostly viewed to be determined by factors such as interest rates, exchange rate volatility, economic growth, public investment, inflation, trade openness, among others. Recently, however, democracy and globalization are becoming important determinants of private investment. Interestingly, it is easier to assume and argue a positive effect of democracy on private investment even though this is more likely to be a desired outcome which may differ from evidence provided by an empirical investigation of the relationship between democracy and private investment. However, the effect of globalization on private investment largely remains unclear as it can be positive or negative (see Mamman et al., 2009). It ...

show abstract

“…Numbers thus have to be taken with a grain of salt, see, for instance, Sturgeon (2013) and the survey by Amador and Cabral (2016) on measurement issues. While high with approx.…”

mentioning

confidence: 99%

International Competition Intensified: Job Satisfaction Sacrificed?

Dluhosch

Horgos

2018

Soc Indic Res

View full text Add to dashboard Cite

Standard-Nutzungsbedingungen:Die Dokumente auf EconStor dürfen zu eigenen wissenschaftlichen Zwecken und zum Privatgebrauch gespeichert und kopiert werden.Sie dürfen die Dokumente nicht für öffentliche oder kommerzielle Zwecke vervielfältigen, öffentlich ausstellen, öffentlich zugänglich machen, vertreiben oder anderweitig nutzen.Sofern die Verfasser die Dokumente unter Open-Content-Lizenzen (insbesondere CC-Lizenzen) zur Verfügung gestellt haben sollten, gelten abweichend von diesen Nutzungsbedingungen die in der dort genannten Lizenz gewährten Nutzungsrechte. Terms of use: Documents in Zusammenfassung / AbstractThere has been an intense debate as to the effects of offshoring and global value chains on labor, with the debate centering around possible negative employment and income effects for the low(er) skilled in advanced economies. Although sociological and psychological research has shown that income falls far too short when it comes to subjective well-being (SWB), the globalization's impact on SWB has been surprisingly under-researched. This applies in particular to job satisfaction, including of those negatively affected by seeing their real income depressed. Against this backdrop, we develop a trade model that is capable of capturing job satisfaction in conjunction with the income and distributional effects of offshoring. Contrary to a great many beliefs, our theoretical considerations suggest that those remaining employed may be more satisfied with their jobs, even if suffering from increased competition and from more tasks being offshored. Running a cross-section logistic regression model that combines information on offshoring and job satisfaction, lends support to our theoretical explanations. Accordingly, job satisfaction is on average rated higher in countries with comparatively high offshoring activities. More disaggregated regressions get to the heart of the matter, which is a change in the characteristics of the remaining jobs. Our results stand up to extensive robustness checks with respect to different specifications, measures of globalization, and even when controlling for many of the usually suspected variables with reference to SWB.JEL-Klassifikation / JEL-Classification: F66, I31

show abstract

Global Value Chains: A Survey of Drivers and Measures

Cited by 174 publications

References 141 publications

Value Chains and the Great Recession: Evidence from Italian and German Firms

Value Chains and the Great Recession: Evidence from Italian and German Firms

Democracy, Globalization and Private Investment in Ghana

International Competition Intensified: Job Satisfaction Sacrificed?

Contact Info

Product

Resources

About