Trade, Global Value Chains and Inclusive Growth in Asia and the Pacific

Sawada, Yasuyuki; Park, Cyn‐Young; Khan, Fahad; Justo, Cindy Jane

doi:10.1002/9781119167402.ch15

Cited by 5 publications

(4 citation statements)

References 30 publications

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“…High R-GVC linkages have not translated into high value-added participation in R-GVCs for the ASEAN. The assertion by many authors that the ASEAN region has largely been a processing destination, the "factory Asia" seems to be correct (Sawada and Khan 2017). The analysis presented in this section and the last also shows that FDI inflows and R-GVC linkages in specific industries have kept pace.…”

Section: Value-added Contribution Of Asean's Leading Partners In Indu...mentioning

confidence: 55%

FDI Inflows and Global Value Chains in the ASEAN in Recent Years

Chatterjee

2023

JMTI

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Section: Value-added Contribution Of Asean's Leading Partners In Indu...mentioning

confidence: 55%

FDI Inflows and Global Value Chains in the ASEAN in Recent Years

Chatterjee

2023

JMTI

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“…There is a relationship between International trade and energy consumption through increased human activities and increased global interconnectedness and interactions. Scholars believed that intensified human demand on the environment have facilitated increasing flow of goods, services and information across economic borders with the aim to promote economic growth and welfare (Nasreen and Anwar, 2014; Sabir and Gorus, 2019; Sawada et al ., 2020). The high energy demand of various economic activities in making goods available in the economy highlights the possible role of international trade in determining the level of energy demand in the economy.…”

Section: Literature Reviewmentioning

confidence: 99%

“…International trade, energy consumption nexus, has gained increasing attention from the energy analysts, researchers and policymakers in the past decades. This subject is gaining prominence as trade openness entails increased human activities through increased global interconnectedness and interactions, which intensifies human demand on the environment by facilitating increasing flow of goods, services and information across economic borders through foreign direct investment, human and non‐human capital flows and transfer of technology with the aim to promote economic growth and welfare (Nasreen and Anwar, 2014; Sabir and Gorus, 2019; Sawada et al ., 2020).…”

Section: Introductionmentioning

confidence: 99%

What drives the energy consumption mix in Nigeria? The role of financial development, population age groups, urbanization and international trade: insight from ARDL Analysis

Okere

Ogbulu

Onuoha³

et al. 2021

OPEC Energy Review

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This study aims to investigate the influence and the direct causal relationship between energy consumption and the selected explanatory variables in the Nigerian economic system. Using ARDL‐VECM over the period of 1972–2014, the results are that financial development exerts negative and significant influence on energy consumption. Trade openness and urbanisation exert positive and significant effect on energy consumption both in the short and long run, the active age (15–64) and old age (65 and >) have different effects on energy consumption. Although the number of the older population (age 65 and above) causes the energy consumption level to fall, the size of the working/active population (age 15–64) causes the energy consumption level to increase. Further results revealed (i) unidirectional causality runs from working population to energy consumption, (ii) uni‐directional causality runs from energy consumption to credit to private sector, (iii) uni‐directional from trade openness to real GDP per capita, (iv) bi‐directional causal relationship is observed between urbanisation and energy consumption, (v) bi‐directional relationship between trade openness and energy consumption. These findings may be a guide to policymakers in evaluating Nigerian economy's energy needs and effective energy policies needed to address environmental issues related to fossil fuel use.

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“…Most discussions are in the context of Asia and the Pacific and, in turn, offer thin analyses and policy implications that may not be specific to the PICs' context. On the one hand, the literature provides macro-level descriptive analyses of the PICs' GVCs, covering issues such as the importance of the services sector in GVCs (Anukoonwattaka, Mikic, and Zhang 2017), the benefits and the drivers of GVC participation (Sawada et al 2020), and connectivity and GVCs (Shepherd 2016;Vickers, Keane, and Palit 2019). On the other hand, Chand (2017) and Angelucci and Conforti (2010) employ case studies at the firm and industry levels to examine the characteristics of garment and food value chains in Fiji and Vanuatu.…”

Section: Introductionmentioning

confidence: 99%

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

Korwatanasakul¹

2023

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This study investigates the patterns of global value chain (GVC) participation of Pacific island countries (PICs) at the country, industry, and firm levels, utilizing UNCTAD-Eora GVC data (1999-2018 and the World Bank's Enterprise Survey data (2009 and 2015). It also uses the survey data to examine the relationship between firm and country characteristics and firm-level GVC participation. At the country level, the study found a limited role of the PICs in global and regional production networks, hindering foreign technological and knowledge transfer, industrialization, and economic development, while, at the industry level, the PICs generally engage in low-value-added activities. The firm-level analysis reveals that the PICs' domestic firms, particularly SMEs, face difficulties joining value chains. Although firm characteristics, i.e., labor productivity and quality certification, are essential for firms to engage in GVCs initially, they are insufficient to deepen the GVC participation level. The analysis also emphasizes the significance of macro-level business-enabling environment factors, including good governance, trade openness, and foreign direct investment.

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Trade, Global Value Chains and Inclusive Growth in Asia and the Pacific

Cited by 5 publications

References 30 publications

FDI Inflows and Global Value Chains in the ASEAN in Recent Years

FDI Inflows and Global Value Chains in the ASEAN in Recent Years

What drives the energy consumption mix in Nigeria? The role of financial development, population age groups, urbanization and international trade: insight from ARDL Analysis

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

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