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2022
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06
Global Value Chain Embeddedness and Green Growth of China's Manufacturing Industry
Abstract:Using panel data from 17 manufacturing industries from 2000 to 2014, this paper empirically analyzes the impact of GVC embedding and embedding status on green growth in manufacturing (I. e., green total factor productivity GTFP) and its mechanism. It is found that the embedded degree, embedded status and GTFP of manufacturing GVC show different characteristics at different technical levels and different time periods. Improving the embedding degree and embedding status of GVC is conducive to the improvement of GTFP in manufacturing industry, in which the role of GVC embedding status is relatively stronger, but there are significant differences in its mechanism. Improving the degree of GVC embedding is mainly to improve the manufacturing GTFP by improving technical efficiency and promoting technological progress, while improving the status of GVC embedding is mainly to enhance the manufacturing GTFP by promoting technological progress and narrowing the technological gap.
Key words:global value chain; degree of embeddedness; embeddedness status; manufacturing industry; green total factor productivity
Abstract：This paper uses panel data of 17 manufacturing industries from 2000 to 2014, to empirically analyze the effects of both GVC embedding participation and embedding position on manufacturing green growth(that is, green total-factor productivity GTFP) and their mechanisms. The results show that GVC embedding participation, embedding position and GTFP of manufacturing industry show different characteristics in different technology levels and different time periods. Increases in both GVC embedding participation and embedding position are conducive to the improvement of manufacturing GTFP, where GVC embedding position has played a stronger role, but their mechanisms are significantly different. Increase in GVC embedding participation can improve manufacturing GTFP mainly through the improvement of both technological efficiency and technical progress, while increase in GVC embedding position can improve manufacturing GTFP mainly through the improvement of technical progress and the decrease of technology gap.
Key word：global value chain; embedding participation; embedding position; manufacturing industry; green total-factor productivity
Author: Cheng Zhonghua, Li Lian Shui
Author: China Manufacturing Development Institute, Nanjing University of Information Science and Technology
The full text has been published in Scientific Research, No. 5, 2021.
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