Study on the Impact of Upstream Monopoly on GVC Division Position of Chinese Manufacturing Enterprises
Based on micro-data for manufacturing enterprises,this paper systematically analyzes the differential effects of various forms of upstream monopolies on the position in the global value chain(GVC)of manufacturing enterprises and examines the regulatory effects of facilitating intermediate goods trade.The research shows that,on average,an upstream monopoly significantly inhibits the rise of manufacturing enterprises in the GVC by hindering technological innovation and reducing the quality of intermediate products.Specifically,an upstream technology monopoly is conducive to the rise of enterprises'position in the GVC,while an upstream administrative monopoly is obviously not conducive to this improvement in GVC positioning.Heterogeneity analysis shows that upstream monopoly has a greater negative impact on the GVC position of private,small and medium-sized,and capital-intensive enterprises.An upstream technology monopoly is more conducive to improving the GVC position of large and capital and technology-intensive enterprises;an upstream administrative monopoly is obviously more detrimental to the rise in the GVC position of labor-and capital-intensive enterprises.In addition,the trade facilitation of intermediate goods intensifies the inhibitory effect of upstream monopoly on the rise of GVC division position in manufacturing enterprises.