Global Manufacturing Trade Networks and Division of Global Value Chain Participation:From the Perspective of Added-Value
Based on the trade value-added decomposition framework and the Social Network Analysis(SNA),this paper systematically constructs a com-prehensive global manufacturing value-added trade network.We further explore its structure and dynamic evolution trends,empirically assessing the influence of network characteristics on the participation of Global Value Chain(GVC).We find that,firstly,there has been a noticeable trend to-wards the concentration of trade networks,with the center of manufacturing and high-tech manufacturing network gradually moving toward East A-sia.Secondly,the attributes of trade networks have a substantial influence on the extent of GVC participation.In particular,the impact of network out-degree centrality exhibits a more pronounced enhancing effect on GVC in low-tech,medium-tech manufacturing and developing countries,which predominantly affects GVC forward participation.However,the impact of network in-degree centrality is stronger in high-tech manufacturing and de-veloped countries,which primarily affects GVC backward participation.The network strength exerts a stronger influence in developed countries,while network heterogeneity is more obvious in non-high-tech manufacturing and developing countries.Furthermore,after the financial crisis out-break,there is a notable weakening effect of network strength on GVC participation.Thirdly,the attributes of trade networks facilitate involvement in GVC participation mainly through three channels as competition effect,industrial linkage effect and scale effect.This article provides empirical support and policy insights to guide China's efforts in expanding high-level openness and achieving advancements in GVC.