Exporting independently or entering the global market as a contract manufacturer?
| العنوان: | Exporting independently or entering the global market as a contract manufacturer? |
|---|---|
| المؤلفون: | NGUYEN, Xuan, XING, Yuqing, Department of Economics, Deakin University, 政策研究大学院大学 / National Graduate Institute for Policy Studies |
| المصدر: | GRIPS Discussion Papers. |
| بيانات النشر: | GRIPS Policy Research Center, 2022. |
| سنة النشر: | 2022 |
| مصطلحات موضوعية: | South, North, oligopoly, Global value chain, export |
| الوصف: | Why do some firms in developing countries (South) choose to be contract manufacturers of multinational corporations in developed countries (North) instead of independently developing home-grown products to compete with the latter? In this paper, we provide an explanation through the lens of global value chains (GVCs). To this end, we develop an international duopoly model in which a Southern firm seeks to enter a global market dominated by a Northern conglomerate, either by having a competing product or participating in the GVC managed by the latter. We show that in a broad range of parameterizations, the North-South GVC arrangement yields a win-win solution for the firms, and hence it can justify the active involvement of Southern firms in the GVCs led by Northern conglomerates as a means to boost exports from the South, even though firms from the South have low productivity. JEL Classification Codes: F12,L13 https://www.grips.ac.jp/list/jp/facultyinfo/xing_yuqing/ |
| وصف الملف: | application/PDF |
| اللغة: | English |
| URL الوصول: | https://explore.openaire.eu/search/publication?articleId=jairo_______::4e2f37ed0cb78088ee87f8ee82d3b08a http://id.nii.ac.jp/1295/00001876/ |
| حقوق: | OPEN |
| رقم الأكسشن: | edsair.jairo.........4e2f37ed0cb78088ee87f8ee82d3b08a |
| قاعدة البيانات: | OpenAIRE |
| الوصف غير متاح. |