A Study on the Influence of Digitalization Level on the Network Status of Global Value Chain
Based on the data of 56 industries in 42 countries of the world input-output database,this paper explores the influence of digitalization level on the central position of global value chain network.The results show that the improvement of digitalization level contributes to the enhancement of forward and backward centrality in the global value chain network.Heterogeneity analysis shows that the effect of digitalization on the centrality of global value chain network in developing countries is greater than that in developed coun-tries.It plays a greater role in promoting the manufacturing industry than in the service industry and natural resources industry.The more technology-intensive the industry,the stronger the catalytic role played by digitalization.Mechanism analysis manifests that digi-talization has significantly optimized the efficiency of resource allocation and reduced trade costs,thereby enhancing the position of the global value chain network.Further analysis reveals that digitalization has a significant promoting effect on the centrality both inside and outside the global value chain network.This study has important implications for stabilizing and promoting China's position in the glob-al value chain network in the new era.
DigitalizationGlobal Value ChainNetwork CentralityFactor ResourcesTrade Cost