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《China Industrial Economics》 2019-11
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Does the Internet Promote Value Chain Linkages between Two Countries

LIU Bin;GU Cong;China Institute for WTO Studies,UIBE;  
Could the internet, as the "highway" of information circulation, become an important driving force to promote the division of global production? This paper employs the data of bilateral bi-directional network links to measure the impact the internet has on the value chain linkages between two countries. The results show that:generally speaking, the internet has a significant promotion effect on the value chain linkages between two countries, which is mainly achieved by reducing trade costs, shortening delivery time and extending production steps. From the perspective of industry heterogeneity, the impact the internet has on the value chain linkages in service industry and the asset specific industryis more significant. From the perspective of value chain linkages gap,the internet has an obvious "second-mover advantage" effect on value chain linkages. The greater is the gap of value chain linkages existing in the same industry between different economies, the greater is the promotional effect the internet has on the industry value chain linkages. Internet is an important means to promote the continuous refinement of division of global production, which helps build a new pattern of division of global production.Taking the internet as a starting point, this paper provides a new perspective for the study of the influencing factors of global value chain linkages.
【Fund】: 国家自然科学基金面上项目“制造业投入服务化、服务贸易壁垒与国际生产分割”(批准号71973025);; 对外经济贸易大学中央高校基本科研业务费专项资金项目“全球数字贸易治理体系发展趋向及其贸易影响研究”(批准号CXTD9-06);; 中国博士后科学基金特别资助项目“逆全球化背景下跨境电商对全球价值链重构的影响”(批准号2019T120169)
【CateGory Index】: F49;F742
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