DOI QR코드

DOI QR Code

GVC 참여가 제조업과 서비스업 수출경쟁력에 미치는 영향 비교분석

A Comparative Analysis on the Effect of GVC Participation on the Export Competitiveness of Manufacturing and Service Industry

  • Hye-Jin Oh (Department of International Trade, Chungnam National University) ;
  • Rui-Hui Yu (Department of International Trade, Chungnam National University) ;
  • Hee-Cheol Moon (Department of International Trade, Chungnam National University)
  • 투고 : 2020.07.31
  • 심사 : 2020.08.28
  • 발행 : 2020.08.31

초록

This study compares and analyzes the effects of GVC participation on export competitiveness in manufacturing and service industry in 36 OECD countries and 28 non-OECD countries. According to the statistical analysis result, the GVC participation had a negative impact on export competitiveness in manufacturing industry, while it had a positive impact in the service industry. In the case of the manufacturing industry, participation toward the backward GVC had a positive impact on export competitiveness before the financial crisis, besides, participation toward the forward GVC had a positive impact on export competitiveness. In the case of the service industry, export competitiveness through forward GVC participation has increased since the financial crisis has occurred, and backward GVC participation was estimated to have a negative impact on export competitiveness. The results of this study implies that, to secure export competitiveness, a converged approach of the manufacturing and service industries to upgrade the global value chain is needed.

키워드

과제정보

This paper was supported by the Ministry of Education of Republic of Korea and National(NRF-2018S1A5B8070344)

참고문헌

  1. Anna, I., R. Faezeh and M. Borislava (2019), "Global Value Chains: What are the Benefits and Why Do Countries Participate?", IMF Working Paper, 19(18), 3-27.
  2. Bhushan, P. J. and A. Vaseen (2019), "Does Participation in Global Value Chain Foster Export Concentration?", Economics Bulletin, 39(4), 2913-2920.
  3. Biswajit, B. and Z. Juraj (2020), "Determinants of Global Value Chain Participation: Cross-country Analysis", NBS Working Paper, 3-22.
  4. Cho, Cheol et al. (2014), "An Analysis of Major Countries' Industrial Characteristics Based on Global Value Chain and Korea's Counter Strategy", KIET Policy Paper.
  5. Choi, Nak-Gyun, Yeong-Gwi Kim, Jeong-Gon Kim and Min-Seong Kim, (2013), "A Study on the Structural Analysis of Global Value Chain and Its Implications for Multilateral Economic Cooperation", KIEP Research Paper.
  6. Choi, Gi-san and Tae-Yoon Jang (2018), "Current Status and Implications of the Global Value Chain", Bank of Korea, 2018(11), 1-19.
  7. David, D., G. Humphrey and Y. Xinding (2015), "Institutions and Participation in Global Value Chains," Journal of Economic Literature, 29(4), 1076-1151.
  8. Gerefii, G., J. Humphrey, R. Kaplinsky and T. J. Sturgeon (2001), "Introduction: Globalisation, Value Chains and Development," IDS Bulletin, 32(3), 1-8.
  9. Gereffi, G. (2014), "A Global Value Chain Perspective on Industrial Policy and Development in Emerging Markets," Duke Journal of Comparative & International Law, 24(.3), 433-458
  10. Humphrey, J. and H. Schmitz (2002), "How Does Insertion in Global Value Chains affect Upgrading in Industrial Clusters?," Regional Studies, 36(9), 1017-1027 https://doi.org/10.1080/0034340022000022198
  11. Humphrey, J. and H. Schmitz (2009), "Governance in Global Value Chains," IDS Bulletin, 32(.3), 19-29. https://doi.org/10.1111/j.1759-5436.2001.mp32003003.x
  12. Jeong, Yeong-Sik, Jeong-Gon Kim, Hyeong-Min Han, Jae-Wan Jung, Jeong-Mi Lee, Jae-Guk Kim and Ji-Hyeon Yoon (2019), "Analysis of Value Chain in New Southern Region and the Expansion and Improvement of Trade", KIEP Issue Paper, 19-14
  13. Kang, Nae-Yeong and Seong-Eun Gang (2020), "Changes in the Service Industry's Status and Implications in the Global Velu Chain Structure", Trade Focus, 2020(9), 1-40.
  14. Kang, Nae-Yeong, Gun-Woo Kim, Gwi-Il Jung and Seo-Gyeong Yoo (2020), "Paradigm Shift in Global Value Chain (GVC) and Future of Trade", The Korea International Trade Association Research Paper, 14-61
  15. Kim, Seog-Min (2019), "An Analysis on Global Value Chains (GVCs) of Korean Manufacturing Industries through the Decomposition of GDP", Journal of International Trade & Commerce, 15(3), 289-309.
  16. Kim, Sei-wan and Moon-Jung Choi (2020), "Effects of Global Value Chains on Economic Growth and Their Changes after Global Financial Crisis", Bank of Korea, 2020(12), 1-54.
  17. Kim, Jae-Deok, Seong-Uk Hong and Geun-Hyeong Park (2018), "Changes in the Global Value Chain (GVC) Structure and Its Impact on Employment", Bank of Korea, 2018(3), 2-38.
  18. Koo, Jong-Soon, Jung-hyun Hwang and Yu-Tong Gai (2013), "An Analysis for the Patent Effect on International Competitiveness in Korean Shipbuilding Industry", The Asian Journal of Shipping and Logistics, 29(3), 497-521. https://doi.org/10.37059/tjosal.2013.29.3.497
  19. Koopman, R., Z. Wang and S. J. Wei (2014), "Tracing Value-Added and Double Counting in Gross Exports", American Economic Review, 104(2), 459-494. https://doi.org/10.1257/aer.104.2.459
  20. Lee, E. and J. Hur (2019), "Complementarity between Global Value Chain Participation and R&D Investment: Evidence from Korea Firm-Level Data", Korea and the World Economy, 20(2), 157-191. https://doi.org/10.46665/kwe.2019.08.20.2.157
  21. Lee, Woo-Gi, In-Gyu Lee and Yeong-eun Hong (2013), "Measurement of Value-Added Trade by Global Value Chain Analysis", Bank of Korea, 2013(1), 1-25.
  22. Li, Jia-En, Yin-Ling and Young-Jun Choi (2019), "Foreign Direct Investment(FDI), GVC Participation and Trade in Value Added", Korea Trade Review, 44(5), 107-125. https://doi.org/10.22659/KTRA.2019.44.5.107
  23. Li, Jia-En and Young-Jun Choi (2019), "Participation in GVCs and Income Inequality", Korea Trade Review, 44(2), 269-285. https://doi.org/10.22659/KTRA.2019.44.2.269
  24. Lund, S., J. Manyika., J. Woetzel., J. Bughin., M. Krishnan., J. Seong and M. Muir (2019), "Globalization in Transition: The Future of Trade and Value Chains", McKinsey Global Institute, Accessed at https://www.mckinsey.com/featured-insights/innovationand-growth/globalization-in-transition-the-future-of-trade-and-value-chains on March 21, 2019.
  25. Oh, Ho-Yeong and Hye-Jeong Sim (2013), "Changes in Export Competitiveness and Implications since the 2008 Global Financial Crisis-Focusing on the U.S. and Chinese Markets-", Trade Focus, 12(16), 1-35.
  26. Park, Mun-su and Dong-Hee Lee (2017), "Current Status and Implications of Linkage between Manufacturing and Service Industry in Major Countries in the Fourth Industrial Revolution", KIET Issue Paper, 2017(424), 1-82.
  27. World Trade Organization (2013), "Global Value Chains in a Changing World," WTO, Geneva, Switzerland.
  28. World Trade Organization (2019), "Global Value Chain Development Report 2019: Technological Innovation, Supply Chain Trade, and Workers in A Globalized World," WTO, Geneva, Switzerland.
  29. Yang, Si-Hwan and Jong-Ho Lee (2017), "The Effect of Global Value Chain on Productivity by Industry", Bank of Korea, 71(7), 55-87.
  30. Zhi, W., W. Shangjin., Y. Xinding and Z. Kunfu (2017), "Measures of Participation in Global Value Chains and Global Business Cycles," National Bureau of Economic Research, 23222, 2-31.