Pub Date : 2023-09-29DOI: 10.1007/s40812-023-00281-1
Nida Rahman, Mohd Nayyer Rahman, Muganda Munir Manini, Krishan Sharma
Globally, the share of Global Value Chain (GVC) trade currently accounts for around 70% of total trade. In Regional Comprehensive Economic Partnership (RCEP) region, around 46% of the total trade involves GVC trade. Besides, RCEP is the first agreement between China, Japan and South Korea. Given the important positioning of RCEP member countries like Japan, China, South Korea and Vietnam in factory Asia and prominent GVC assembly hubs, this paper examines the determinants of GVC participation in RCEP bloc by employing fixed effects regression method over a period of 1995–2018. The paper also explores the impact of the level of development of the member countries on GVC participation. Latest GVC measures provided by OECD Tiva, 2021 edition are used. The degree of openness to trade and economic freedom positively impacts backward participation rate whereas FDI inflows exerts negative influence on forward participation rate of RCEP countries. However, the developing countries within RCEP appears to have benefitted from FDI inflows, as it significantly affects their forward participation rate in positive direction in relation to their developed counterparts. Similarly, the positive impact of trade openness on backward participation is more pronounced in RCEP member countries with a developing country status relative to developed countries.
{"title":"Determinants of global value chain participation in regional trade agreements: the case of Regional Comprehensive Economic Partnership (RCEP)","authors":"Nida Rahman, Mohd Nayyer Rahman, Muganda Munir Manini, Krishan Sharma","doi":"10.1007/s40812-023-00281-1","DOIUrl":"https://doi.org/10.1007/s40812-023-00281-1","url":null,"abstract":"Globally, the share of Global Value Chain (GVC) trade currently accounts for around 70% of total trade. In Regional Comprehensive Economic Partnership (RCEP) region, around 46% of the total trade involves GVC trade. Besides, RCEP is the first agreement between China, Japan and South Korea. Given the important positioning of RCEP member countries like Japan, China, South Korea and Vietnam in factory Asia and prominent GVC assembly hubs, this paper examines the determinants of GVC participation in RCEP bloc by employing fixed effects regression method over a period of 1995–2018. The paper also explores the impact of the level of development of the member countries on GVC participation. Latest GVC measures provided by OECD Tiva, 2021 edition are used. The degree of openness to trade and economic freedom positively impacts backward participation rate whereas FDI inflows exerts negative influence on forward participation rate of RCEP countries. However, the developing countries within RCEP appears to have benefitted from FDI inflows, as it significantly affects their forward participation rate in positive direction in relation to their developed counterparts. Similarly, the positive impact of trade openness on backward participation is more pronounced in RCEP member countries with a developing country status relative to developed countries.","PeriodicalId":38200,"journal":{"name":"Journal of Industrial and Business Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135200320","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This article investigates the links between the technological evolution and the importance of informal economic activities. We examine the influences of internet usage on the shadow economy in a global sample between 2002 and 2015. With this purpose, we mobilize the panel fixed-effects estimate and the panel corrected standard errors estimate (as a robustness check) for the analysis of 114 economies (and three sub-samples including high-income economies (HIEs), upper-middle-income economies (UMEs), and lower-middle-income economies (LMEs)). Our results indicate that the use of the internet generally has a negative impact on the shadow economy. This influence of internet is consistent across all institutional environments. Interestingly, technology is not spread through the shadow economy in the same way everywhere since we observe a U-shaped relationship between internet usage and the shadow economy. Our research shows that technology might also have a negative influence on official activities if its implementation is not combined with an appropriate institutional policy allowing policy-makers to avoid the technology-side effects.
{"title":"Digitalization and informal economy: a global evidence of internet usage","authors":"Canh Phuc Nguyen, Christophe Schinckus, Quang Binh Nguyen, Duyen Thuy Le Tran","doi":"10.1007/s40812-023-00278-w","DOIUrl":"https://doi.org/10.1007/s40812-023-00278-w","url":null,"abstract":"This article investigates the links between the technological evolution and the importance of informal economic activities. We examine the influences of internet usage on the shadow economy in a global sample between 2002 and 2015. With this purpose, we mobilize the panel fixed-effects estimate and the panel corrected standard errors estimate (as a robustness check) for the analysis of 114 economies (and three sub-samples including high-income economies (HIEs), upper-middle-income economies (UMEs), and lower-middle-income economies (LMEs)). Our results indicate that the use of the internet generally has a negative impact on the shadow economy. This influence of internet is consistent across all institutional environments. Interestingly, technology is not spread through the shadow economy in the same way everywhere since we observe a U-shaped relationship between internet usage and the shadow economy. Our research shows that technology might also have a negative influence on official activities if its implementation is not combined with an appropriate institutional policy allowing policy-makers to avoid the technology-side effects.","PeriodicalId":38200,"journal":{"name":"Journal of Industrial and Business Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136307953","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-09-14DOI: 10.1007/s40812-023-00279-9
Hanh-Hong Le, Binh Thanh Nguyen, Nguyen Nhan Thien
Abstract This study investigates the herding behavior in the cryptocurrency market during the period of the Russia and Ukraine conflict using intraday cryptocurrency price data of the five largest cryptocurrencies in terms of market capitalization. The empirical results indicate an anti-herding behavior during the whole period of the conflict, especially after the conflict officially happens. The research contributes to the growing literature on herding behavior in the cryptocurrency market by using intraday data and examining the Russia–Ukraine conflict period.
{"title":"Herding behavior in the cryptocurrency market: the case of the Russia–Ukraine conflict","authors":"Hanh-Hong Le, Binh Thanh Nguyen, Nguyen Nhan Thien","doi":"10.1007/s40812-023-00279-9","DOIUrl":"https://doi.org/10.1007/s40812-023-00279-9","url":null,"abstract":"Abstract This study investigates the herding behavior in the cryptocurrency market during the period of the Russia and Ukraine conflict using intraday cryptocurrency price data of the five largest cryptocurrencies in terms of market capitalization. The empirical results indicate an anti-herding behavior during the whole period of the conflict, especially after the conflict officially happens. The research contributes to the growing literature on herding behavior in the cryptocurrency market by using intraday data and examining the Russia–Ukraine conflict period.","PeriodicalId":38200,"journal":{"name":"Journal of Industrial and Business Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-09-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134913122","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-31DOI: 10.1007/s40812-023-00276-y
Douglas J. Cumming, Zachary Glatzer, O. Guedhami
{"title":"Institutions, digital assets, and implications for economic and financial performance","authors":"Douglas J. Cumming, Zachary Glatzer, O. Guedhami","doi":"10.1007/s40812-023-00276-y","DOIUrl":"https://doi.org/10.1007/s40812-023-00276-y","url":null,"abstract":"","PeriodicalId":38200,"journal":{"name":"Journal of Industrial and Business Economics","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2023-07-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88427523","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-21DOI: 10.1007/s40812-023-00277-x
J. Sánchez-Cartas
{"title":"Platform acquisitions, product imitation and openness","authors":"J. Sánchez-Cartas","doi":"10.1007/s40812-023-00277-x","DOIUrl":"https://doi.org/10.1007/s40812-023-00277-x","url":null,"abstract":"","PeriodicalId":38200,"journal":{"name":"Journal of Industrial and Business Economics","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2023-07-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"89934439","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-21DOI: 10.1007/s40812-023-00275-z
T. Pereira, M. Sousa
{"title":"Business group affiliation and product market competition","authors":"T. Pereira, M. Sousa","doi":"10.1007/s40812-023-00275-z","DOIUrl":"https://doi.org/10.1007/s40812-023-00275-z","url":null,"abstract":"","PeriodicalId":38200,"journal":{"name":"Journal of Industrial and Business Economics","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2023-07-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"78364019","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-12DOI: 10.1007/s40812-023-00274-0
C. Nguyen, Binh Nguyen Quang, Thanh Dinh Su
{"title":"Institutional frameworks and the shadow economy: new evidence of colonial history, socialist history, religion, and legal systems","authors":"C. Nguyen, Binh Nguyen Quang, Thanh Dinh Su","doi":"10.1007/s40812-023-00274-0","DOIUrl":"https://doi.org/10.1007/s40812-023-00274-0","url":null,"abstract":"","PeriodicalId":38200,"journal":{"name":"Journal of Industrial and Business Economics","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2023-07-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90887792","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-07-06DOI: 10.1007/s40812-023-00273-1
Xuan Zhang
{"title":"The impact of digital finance on corporate labor productivity: evidence from Chinese-listed companies","authors":"Xuan Zhang","doi":"10.1007/s40812-023-00273-1","DOIUrl":"https://doi.org/10.1007/s40812-023-00273-1","url":null,"abstract":"","PeriodicalId":38200,"journal":{"name":"Journal of Industrial and Business Economics","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2023-07-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"80875390","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-12DOI: 10.1007/s40812-023-00272-2
Valter Di Giacinto, Andrea Sechi, Alessandro Tosoni
{"title":"The performance of Italian Industrial districts in and out of the 2008–2012 crisis","authors":"Valter Di Giacinto, Andrea Sechi, Alessandro Tosoni","doi":"10.1007/s40812-023-00272-2","DOIUrl":"https://doi.org/10.1007/s40812-023-00272-2","url":null,"abstract":"","PeriodicalId":38200,"journal":{"name":"Journal of Industrial and Business Economics","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-06-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"136261167","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2023-06-03DOI: 10.1007/s40812-023-00271-3
M. Brienen, L. H. Lambert, D. Lambert, John Schoeneman
{"title":"A social network analysis approach to estimate export disruption spread in the US during the Covid-19 pandemic: how policy response and industry ties relate","authors":"M. Brienen, L. H. Lambert, D. Lambert, John Schoeneman","doi":"10.1007/s40812-023-00271-3","DOIUrl":"https://doi.org/10.1007/s40812-023-00271-3","url":null,"abstract":"","PeriodicalId":38200,"journal":{"name":"Journal of Industrial and Business Economics","volume":null,"pages":null},"PeriodicalIF":4.6,"publicationDate":"2023-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73593592","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：