NEM异质性、上下游嵌入与东道国GVC分工地位

NEM Heterogeneity, Upstream or Downstream Embedding and Host Country's GVC Division Status

在全球价值链(GVC)分工日益深化的背景下,国际非股权形式(NEM)逐渐成为企业参与GVC分工的重要形式。本文借鉴Antràs和Chor(2013)的不完全契约产权模型,分析NEM异质性对东道国GVC分工地位的影响机制,并对具体影响途径进行了分解。同时,运用2000—2014年43个经济体的跨国面板数据进行实证检验。研究结果表明:模块型和关联型NEM提高GVC前向参与,促进东道国GVC分工地位提升;俘获型NEM则降低GVC前向参与,抑制东道国GVC分工地位提升;NEM异质性对GVC分工地位的影响取决于前向参与和后向参与的净效应,且前向参与效应大于后向参与效应。本文在此基础上提出了有助于促进模块型和关联型NEM发展的政策建议。

With the increasing division of GVC, international Non-Equity Modes （NEM） have gradually become an important form for enterprises to participate in GVCs. Based on the Incomplete Contracts Property-Rights Model of Antas and Chor （2013）, this paper analyzes the influence mechanism of NEM heterogeneity on GVC division status, and decomposes the specific impact path. This paper makes an empirical test by using the international panel data of 43 economies from 2000 to 2014. The results show that Modular and Relational NEMs improve forward participation in the GVC and thus promote host countries＇ GVC division status. Captive NEMs reduce forward participation and restrain host countries＇ GVC division status. The impact of NEM heterogeneity on GVC division status depends on the net effect of forward and backward participation. Based on the findings, this paper puts forward policy suggestions to promote the development of Modular and Relational NEM.