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Sharing economy is an emerging economic platform believed to bring a major change due to its potential to resolve market inefficiency issues. The concept is presumably related to the Islamic microeconomic concepts, particularly huquq (multi interest) and maslahah (greatest benefit). Therefore, the study aims to determine the demand of sharing-based transportation services in Indonesia and subsequently examine the influence of socio-religious preference (constructed based the aforementioned Islamic consumer values) on such demand. This study uses quantitative approach and collects primary data from 1209 respondents. The data obtained are analyzed by using Factor Analysis and inferential statistics. Preliminary result indicates trust, service quality and tariff as key factors influencing demand for online transportation services. It is also found that there is a different preference between users in religious group and less religious groups. More religious consumers are more concerned about environment compared to the counterpart. However, in other aspects, no significant difference is found between the two groups. Overall, the results of this study are expected to enrich the literature in sharing-based economy studies and become input for sharing-based transportation service providers, government, academics and other related parties.

We analyse the value‐added creation effect of global value chain (GVC) participation activities of APEC member economies, using a fixed‐effects regression model analysis based on country–industry data from Organisation for Economic Co‐operation and Development (OECD) Inter‐country Input–Output Tables. We find that forward participation in GVCs is more desirable than backward participation for creating domestic value‐added and that the industry position in the middle stages of the production line creates higher domestic value‐added per output unit. These results hold regardless of the application of standard Ordinary Least Squares (OLS) or fractional logit for panel data and of the characteristics of the interconnected countries in GVCs (APEC member vs. non‐APEC member economies, Asian APEC vs. non‐Asian APEC members, developed vs. developing countries). This implies that the conventional firm‐ or product‐specific U‐shaped ‘smile curve hypothesis’ is not applicable at the economy‐wide, country–industry level. This finding suggests that depending on the product type, manufacturing industries can be a major driving force for less‐developed APEC member economies to climb the development ladder. Since GVC participation gains are diversified across industries and upgrading country–industry positions in GVCs are challenging for APEC member economies, we strongly recommend that they construct effective domestic value chains and coordinate with other members while upgrading their GVC participation.

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