The Impact of Digital Infrastructure Construction on the Upgrading of Global Value Chains:Empirical Tests from the Belt and Road Partner Countries
Digital infrastructure construction is an important basic guarantee for the Belt and Road partner coun-tries to upgrade their global value chains by relying on digital elements.Based on the relevant data of 92 sample coun-tries along the Belt and Road Initiative from 2010 to 2020,the empirical study using dynamic factor analysis and transnational panel model shows that digital infrastructure construction can indeed significantly improve the global val-ue chain position of the Belt and Road partner countries,and this conclusion is always valid after a variety of robustness tests and endogenous treatment.Heterogeneity analysis shows that the improvement effect is more obvious in the samples of high-income,high-tech and non-manufacturing and service industries along the Belt and Road partner countries.
Digital Infrastructure ConstructionGlobal Value Chain Positionthe Belt and Road Partner Coun-triesDynamic Factor Analysis