Upgrading China's Position in the Value Chains by Direct Investment in Countries Along the"Belt and Road"——From the Perspective Value-Added Trade Accounting
Based on the TiVA(2018)database,we used the value-added accounting method to calculate the position of Chinese value chains(GVCs)by comparing it with the world average.The results show that China's export rate of domestic value added increased from 73.7％to 83.3％from the year of 2005 to 2016,and that its position in the value chains has been improved in the period.In the study,the panel data of 49 countries along the"Belt and Road"from 2005 to 2014 were collected to empirically test the theoretical mechanism.The results show that:China's direct investment in the countries along the"Belt and Road"has a significant role of on improving China's value chain position;among them,industrial transfer,demand growth and marketing promotion all play a significant positive role;marketing promotion has a relatively large enhancement role,and the reverse technology spillover manifests negative effect.
global value chainsthe Belt and Roadvalue-added trademarketing promotionreverse technology spillover
万方数据
