Global value chains, technological sophistication and economic complexity: panel data for 58 economies from 2006 to 2015
Abstract In the 21st century, the intensification of global production networks has made it important to understand the implications for the productive structures of countries important. This study aims to investigate whether participation in global value chains (GVCs) can change the degree of techn...
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Universidade Estadual de Campinas
2025-01-01
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| Series: | Economia e Sociedade |
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| Online Access: | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0104-06182025000100308&lng=en&tlng=en |
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| _version_ | 1832592457768894464 |
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| author | Raul Costa Cavalcanti Manso Camila do Carmo Hermida |
| author_facet | Raul Costa Cavalcanti Manso Camila do Carmo Hermida |
| author_sort | Raul Costa Cavalcanti Manso |
| collection | DOAJ |
| description | Abstract In the 21st century, the intensification of global production networks has made it important to understand the implications for the productive structures of countries important. This study aims to investigate whether participation in global value chains (GVCs) can change the degree of technological sophistication of exports and a country’s economic complexity, considering a sample of 58 countries and a subsample consisting only of developing countries, from 2006 to 2015. We estimate dynamic models by difference and system GMM considering two dependent variables: an export sophistication index (‘q’) and the economic complexity index. We find a positive and significant relationship between participation in GVCs and degree of sophistication of the export basket, measured by the ‘q’ index. However, considering a broader measure of economic complexity (the ECI index), the effects were negative and not significant for developing countries. |
| format | Article |
| id | doaj-art-7c24e6a7306441f5a94b00ff195bb1c8 |
| institution | Kabale University |
| issn | 1982-3533 |
| language | English |
| publishDate | 2025-01-01 |
| publisher | Universidade Estadual de Campinas |
| record_format | Article |
| series | Economia e Sociedade |
| spelling | doaj-art-7c24e6a7306441f5a94b00ff195bb1c82025-01-21T07:44:16ZengUniversidade Estadual de CampinasEconomia e Sociedade1982-35332025-01-0134110.1590/1982-3533.2025v34n1.266660Global value chains, technological sophistication and economic complexity: panel data for 58 economies from 2006 to 2015Raul Costa Cavalcanti Mansohttps://orcid.org/0000-0002-6147-2066Camila do Carmo Hermidahttps://orcid.org/0000-0002-7206-5132Abstract In the 21st century, the intensification of global production networks has made it important to understand the implications for the productive structures of countries important. This study aims to investigate whether participation in global value chains (GVCs) can change the degree of technological sophistication of exports and a country’s economic complexity, considering a sample of 58 countries and a subsample consisting only of developing countries, from 2006 to 2015. We estimate dynamic models by difference and system GMM considering two dependent variables: an export sophistication index (‘q’) and the economic complexity index. We find a positive and significant relationship between participation in GVCs and degree of sophistication of the export basket, measured by the ‘q’ index. However, considering a broader measure of economic complexity (the ECI index), the effects were negative and not significant for developing countries.http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0104-06182025000100308&lng=en&tlng=enValue addedStructural changeGlobalizationExportsDynamic panel |
| spellingShingle | Raul Costa Cavalcanti Manso Camila do Carmo Hermida Global value chains, technological sophistication and economic complexity: panel data for 58 economies from 2006 to 2015 Economia e Sociedade Value added Structural change Globalization Exports Dynamic panel |
| title | Global value chains, technological sophistication and economic complexity: panel data for 58 economies from 2006 to 2015 |
| title_full | Global value chains, technological sophistication and economic complexity: panel data for 58 economies from 2006 to 2015 |
| title_fullStr | Global value chains, technological sophistication and economic complexity: panel data for 58 economies from 2006 to 2015 |
| title_full_unstemmed | Global value chains, technological sophistication and economic complexity: panel data for 58 economies from 2006 to 2015 |
| title_short | Global value chains, technological sophistication and economic complexity: panel data for 58 economies from 2006 to 2015 |
| title_sort | global value chains technological sophistication and economic complexity panel data for 58 economies from 2006 to 2015 |
| topic | Value added Structural change Globalization Exports Dynamic panel |
| url | http://www.scielo.br/scielo.php?script=sci_arttext&pid=S0104-06182025000100308&lng=en&tlng=en |
| work_keys_str_mv | AT raulcostacavalcantimanso globalvaluechainstechnologicalsophisticationandeconomiccomplexitypaneldatafor58economiesfrom2006to2015 AT camiladocarmohermida globalvaluechainstechnologicalsophisticationandeconomiccomplexitypaneldatafor58economiesfrom2006to2015 |