「 The impact of aid for
trade on developing countries' participation in global value chains 」
●저자 : Kyunglim
Shin, Moonsung Kang
●학술지명 : Journal of
International Trade and Industry Studies
●권호 : 25(3)
●게재년월 : 2020년 9월 30일
[초록]
With
the fragmentation of global production, developing countries are increasingly
tapping into the global trading system through their participation in global
value chains (GVCs). However, they often face constraints that hamper their
integration into GVCs. This paper analyzes the role of Aid for Trade (AfT) as
one of the critical factors in the promotion of developing countries’ GVC
participation. Based on a panel dataset of 128 countries over the period
2002–2016 using the UNCTAD-Eora GVC database, our empirical results show that
AfT facilitates the backward GVC participation of developing countries that
import foreign intermediate inputs and process them for exports. In particular,
the aid aimed at optimizing trade policy and regulation has a significant and
positive impact on backward participation. The results also indicate that AfT
has differing effects depending on developing countries’ income levels. Our
findings suggest that AfT can aid in the promotion of the backward GVC
participation of developing countries, and can be effectively tailored to their
economic circumstances and optimally implemented with the aim of encouraging
their GVC integration.