SBEJ-D-16-00439_R2 June 14 2017.pdf (2.89 MB)
Opening and linking up: firms, GVCs, and productivity in Latin America
journal contribution
posted on 2023-06-09, 08:18 authored by Pierluigi Montalbano, Silvia Nenci, Carlo PietrobelliThis work explores the relationship between exports, global value chains (GVCs)’ participation and position, and firms’ productivity. To this aim, we combine the most recent World Bank Enterprise Survey in Latin American and Caribbean (LAC) countries with the Organisation for Economic Co-operation and Development and World Trade Organization trade in value-added data. To explore the above relationship, we adopt an extended version of the standard Cobb- Douglas output function including indicators of export performance and GVCs. We control for heterogeneity among firms (by country, region, and industry), sample selection, firms’ characteristics, and reverse causality. Our empirical outcomes confirm the presence of a positive relationship between participation in international activities and firm performance. They also show that both participation in GVCs and position within GVCs matter. These findings have strong policy implications and may help policymakers in choosing the best policy options to enhance the link between GVCs’ integration and firms’ productivity.
History
Publication status
- Published
File Version
- Accepted version
Journal
Small Business EconomicsISSN
1573-0913Publisher
SpringerExternal DOI
Issue
4Volume
50Page range
917-935Department affiliated with
- Economics Publications
Full text available
- Yes
Peer reviewed?
- Yes
Legacy Posted Date
2017-10-16First Open Access (FOA) Date
2018-07-29First Compliant Deposit (FCD) Date
2017-10-16Usage metrics
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