Digital Trade Restriction and the China's Manufacturing Global Value Chain Status
Based on the data of China's manufacturing GVC,this paper analyzes the impact of digital trade restrictions on the division in China's manufacturing GVC.The results show that digital trade restrictions significantly inhibit the improvement of the division of GVC.The heterogeneity analysis shows that the restrictions in the infrastructure sector have the greatest negative impact on the division of GVC,followed by the restrictions on electronic transactions,intellectual property rights and other restrictions,and the restrictions on the payment system are not significant.Technology-intensive industries and high-tech industries are most inhibited by digital trade barriers.The extended analysis shows that with the continuous improvement of the level of servitization and digitalization of the manufacturing industry,the division of labor in the global value chain of the manufacturing industry is more and more negatively affected by the restrictions of digital trade.Based on this,it is necessary to moderately relax digital trade restrictions,strengthen the construction of digital infrastructure,and help improve the division of labor in the global value chain of China's manufacturing industry.
digital trade restrictionmanufacturing industryglobal value chain status
NETL
NSTL
万方数据
