국제무역
Global Value Chains and Industrial Development: Participation, Upgrading, and Connectivity
Despite a significant rise in geopolitical risks, participation in global value chains (GVCs) is still regarded as a promising and unavoidable gateway to economic development that helps to upgrade countries’ industrial structures for sustainable economic growth. We present a series of empirical findings related to factors that facilitate GVC participation and industrial upgrading, with explicit emphasis on the role of maritime and aviation connectivity and technological intensity of exports.
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