Does Vertical Specialization Increase Productivity?

Does Vertical Specialization Increase Productivity?

This paper investigates the impact of global value chain participation on productivity, using data on trade in value added from the World Input-Output Database. The results based on a panel estimation covering 13 sectors in 40 countries over 15 yea...

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Bibliographic Details
Main Authors: Constantinescu, Cristina, Mattoo, Aaditya, Ruta, Michele
Format: Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2017
Subjects:
vertical specialization
global value chains
labor productivity
globalization
Online Access:http://documents.worldbank.org/curated/en/519951487600623263/Does-vertical-specialization-increase-productivity
http://hdl.handle.net/10986/26145
id okr-10986-26145
recordtype oai_dc
spelling okr-10986-261452021-06-14T10:11:38Z Does Vertical Specialization Increase Productivity? Constantinescu, Cristina Mattoo, Aaditya Ruta, Michele vertical specialization global value chains labor productivity globalization This paper investigates the impact of global value chain participation on productivity, using data on trade in value added from the World Input-Output Database. The results based on a panel estimation covering 13 sectors in 40 countries over 15 years suggest that participation in global value chains is a significant driver of labor productivity. Backward participation in global value chains, that is, the use of imported inputs to produce for exports, emerges as particularly important. An increase by 10 percent in the level of global value chain participation increased average productivity by close to 1.7 percent. 2017-02-22T23:12:43Z 2017-02-22T23:12:43Z 2017-02 Working Paper http://documents.worldbank.org/curated/en/519951487600623263/Does-vertical-specialization-increase-productivity http://hdl.handle.net/10986/26145 English en_US Policy Research Working Paper;No. 7978 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic vertical specialization
global value chains
labor productivity
globalization
spellingShingle vertical specialization
global value chains
labor productivity
globalization
Constantinescu, Cristina
Mattoo, Aaditya
Ruta, Michele
Does Vertical Specialization Increase Productivity?
relation Policy Research Working Paper;No. 7978
description This paper investigates the impact of global value chain participation on productivity, using data on trade in value added from the World Input-Output Database. The results based on a panel estimation covering 13 sectors in 40 countries over 15 years suggest that participation in global value chains is a significant driver of labor productivity. Backward participation in global value chains, that is, the use of imported inputs to produce for exports, emerges as particularly important. An increase by 10 percent in the level of global value chain participation increased average productivity by close to 1.7 percent.
format Working Paper
author Constantinescu, Cristina
Mattoo, Aaditya
Ruta, Michele
author_facet Constantinescu, Cristina
Mattoo, Aaditya
Ruta, Michele
author_sort Constantinescu, Cristina
title Does Vertical Specialization Increase Productivity?
title_short Does Vertical Specialization Increase Productivity?
title_full Does Vertical Specialization Increase Productivity?
title_fullStr Does Vertical Specialization Increase Productivity?
title_full_unstemmed Does Vertical Specialization Increase Productivity?
title_sort does vertical specialization increase productivity?
publisher World Bank, Washington, DC
publishDate 2017
url http://documents.worldbank.org/curated/en/519951487600623263/Does-vertical-specialization-increase-productivity
http://hdl.handle.net/10986/26145
_version_ 1764461058353790976

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