Outward foreign direct investment and GVC position of manufacturing industry: A perspective on China’s general trade and processing trade structure
Fei Ren,
Dong Le,
Ziyu Hu
Abstract:Depending on the trading modes, the effect of Outward Foreign Direct Investment (OFDI) on the manufacturing industry’s position within the global value chain (GVC) may differ considerably. This paper examines the GVC position of China’s manufacturing industry from 2003 to 2018, specifically focusing on the general trade and processing trade. Drawing upon this premise, this paper analyzes the effect and mechanism by which OFDI influences the GVC position of China’s manufacturing industry. The result demonstrate… Show more
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