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Do international fragmentation of production and the participation in Global Value Chains lead to higher growth rates?

Do international fragmentation of production and the participation in Global Value Chains lead to higher growth rates?

HERMIDA, Camila do Carmo ; XAVIER, Clésio Lourenço ; SILVA, Guilherme Jonas Costa da ;

Artigo Completo:

Este artigo desenvolve uma abordagem empírica pioneira sobre a relação entre comércio e crescimento econômico de longo prazo a partir da compreensão das novas configurações de comércio expressas na fragmentação internacional da produção e na formação das Cadeias Globais de Valor. Para tanto, utilizou-se uma nova metodologia de decomposição das exportações brutas em medidas de valor adicionado, desenvolvida por Koopman et al. (2010; 2014), e indicadores estimados a partir de dados provenientes da matriz de insumo-produto global - WIOT. Duas hipóteses gerais foram testadas para uma amostra de 40 países no período de 2003 a 2011 via painel dinâmico (Difference GMM e System GMM). As evidências econométricas apresentadas corroboram a hipótese de que a fragmentação e a participação em CGV asseguram maiores taxas de crescimento para os países, mas também denota que a posição dos países nas CGV se faz relevante: países especializados em atividades a montante em setores de alta tecnologia e serviços tendem a crescer mais que países localizados a montante em setores primários.

Artigo Completo:

This paper develops a pioneering empirical approach on the relationship between trade and long-run economic growth from the understanding of the new trade setups expressed in the international fragmentation of production and the formation of Global Value Chains. Therefore, we used a new methodology for decomposition of gross exports in value-added measures, developed by Koopman et al. (2010; 2014), and indicators estimated from data of the global input-output matrix - WIOT. Two general hypotheses were tested for a sample of 40 countries from 2003 to 2011 through a dynamic panel (Difference GMM and System GMM). The econometric evidences presented supports the hypothesis that the fragmentation and participation in GVC ensure higher growth rates for countries, but also denotes that the position of countries in the GVC is relevant: countries specializing in upstream activities in high-tech sectors and services tend to grow faster than countries located upstream in primary sectors.

Palavras-chave: Fragmentação, Cadeias Globais de Valor, especialização vertical, valor adicionado, crescimento econômico,

Palavras-chave: Fragmentation, Global Value Chain, vertical specialization, value added, economic growth,

DOI: 10.5151/enei2017-42

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Como citar:

HERMIDA, Camila do Carmo; XAVIER, Clésio Lourenço; SILVA, Guilherme Jonas Costa da; "Do international fragmentation of production and the participation in Global Value Chains lead to higher growth rates?", p. 756-775 . In: . São Paulo: Blucher, 2017.
ISSN 2357-7592, DOI 10.5151/enei2017-42

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