G2TT
来源类型Discussion paper
规范类型论文
来源IDDP13220
DP13220 New Technologies, Global Value Chains, and Developing Economies
Dani Rodrik
发表日期2018-10-05
出版年2018
语种英语
摘要Many of the exports of developing countries are channeled through global value chains (GVCs), which also act as conduits for new technologies. However, new capabilities and productive employment remain limited so far to a tiny sliver of globally integrated firms. GVCs and new technologies exhibit features that limit the upside and may even undermine developing countries’ economic performance. In particular, new technologies present a double whammy to low-income countries. First, they are generally biased towards skills and other capabilities. This bias reduces the comparative advantage of developing countries in traditionally labor-intensive manufacturing (and other) activities, and decreases their gains from trade. Second, GVCs make it harder for low-income countries to use their labor cost advantage to offset their technological disadvantage, by reducing their ability to substitute unskilled labor for other production inputs. These are two independent shocks that compound each other. The evidence to date, on the employment and trade fronts, is that the disadvantages may have more than offset the advantages.
主题Development Economics ; International Trade and Regional Economics
关键词Gvc International trade Economic growth
URLhttps://cepr.org/publications/dp13220
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/542028
推荐引用方式
GB/T 7714
Dani Rodrik. DP13220 New Technologies, Global Value Chains, and Developing Economies. 2018.
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