Global Value Chains in the Pacific Island Countries: Patterns and Structure

Korwatanasakul, Upalat

doi:10.56506/xdzz8844

Cited by 2 publications

(2 citation statements)

References 10 publications

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“…One factor that requires consideration from the standpoint of structural change is the slow expansion of the percentage of manufacturing value added to GDP. Due to the concentration of Indonesia's manufacturing activities at lower production levels, which only require a small number of imported inputs and foreign technology, the high share of domestic value added in the country is concerning (Korwatanasakul & Purbantina, 2021). In other words, despite being an active participant, Indonesia appears to be falling short of maximizing GVC's growth.…”

Section: Discussionmentioning

confidence: 99%

Analysis of Trade, Investment, and Global Value Chain on the Gross Domestic Product of Fisheries Sector in Indonesia

Sulistijowati¹,

Yuliati²,

Komariyah³

et al. 2023

J. Professional Business Review

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Purpose: This study aims to analyze the indicators that play a role in the Indonesian marine and fisheries sector's development (investment in the fisheries sector, trade openness, fisheries net exports, global value chain (GVC) and fish production) towards the gross domestic product (GDP) of the fisheries sector. Theoretical framework: The theoretical framework builds on the New Trade Theory (NTT), a sustainable ocean economy, and global value chains. Design/methodology/approach: The panel vector autoregressive (PVAR) method is used to achieve the research gols. The data used is panel data for groups of provinces in Indonesia. Findings: The results of the estimated PVAR show that the investment of the fisheries sector has a negative and significant impact on the GDP of the fisheries sector, and GVC and fish production has a positive and significant impact on fisheries GDP. Whereas, Net-export and Trade openness have an insignificant impact on the GDP of fisheries. Research, Practical & Social implications: There is a need for an effective maritime policy to reduce the environmental impact of the development of coastal resources and preserve the diversity of fish production to face future threats. This is due to the constraints of international trade in the form of information or communication, technology, and regulations. Originality/value: Research related to the effect of investment in the fisheries sector, trade openness, fisheries net exports, GVC, and fish production on the GDP fishery in Indonesia and the data used is panel data for groups of provinces in Indonesia have never been done by other researchers.

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Section: Discussionmentioning

confidence: 99%

Analysis of Trade, Investment, and Global Value Chain on the Gross Domestic Product of Fisheries Sector in Indonesia

Sulistijowati¹,

Yuliati²,

Komariyah³

et al. 2023

J. Professional Business Review

View full text Add to dashboard Cite

show abstract

“…Foreign-owned and joint venture firms have greater financial resources and technological capacity that contribute to higher capital investment, technological development, and, in turn, labour productivity improvement. On the contrary, being an SME negatively impacts labour productivity since SMEs face constraints regarding economies of scale, access to finance and information, and technological capacity (Korwatanasakul & Intarakumnerd 2020;Korwatanasakul 2019). These constraints hinder SMEs from boosting labour productivity.…”

Section: Impact Of Gvcs Participation On Labour Productivitymentioning

confidence: 99%

Global Value Chain Participation and Labour Productivity among Manufacturing Firms in Vietnam

Hue,

Korwatanasakul

2023

IJIE

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This study assesses the state of global value chain (GVC) participation by manufacturing firms in Vietnam and examines the impact of GVC participation on labour productivity. Utilising firm-level data from the Vietnam Technology and Competitiveness Survey and Vietnam Enterprise Survey from 2009 to 2018, we employ panel fixed-effect regression to analyse the dynamics. The findings show that Vietnam’s GVC participation has been driven mainly by backward rather than forward linkages, signifying a reliance on foreign inputs for exports. The study found a positive impact of backward and forward GVC participation on labour productivity. However, the results show a stark contrast when considering the degree of GVC participation (i.e. GVC participation index). While forward GVC participation positively impacts labour productivity, backward GVC participation demonstrates a negative effect. The results partly reject the learning-to-learn hypothesis while supporting the notion that productivity improvements in Vietnam are associated with learning-by-exporting and learning-by-supplying. We suggest that the prioritisation of forward GVC participation should be accompanied by well-designed backward participation strategies to promote labour productivity. The study concludes with a few policy implications.

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Global Value Chains in the Pacific Island Countries: Patterns and Structure

Cited by 2 publications

References 10 publications

Analysis of Trade, Investment, and Global Value Chain on the Gross Domestic Product of Fisheries Sector in Indonesia

Analysis of Trade, Investment, and Global Value Chain on the Gross Domestic Product of Fisheries Sector in Indonesia

Global Value Chain Participation and Labour Productivity among Manufacturing Firms in Vietnam

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