#2538. Global value chains and labour markets–simultaneous analysis of wages and employment

February 2027publication date
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5 total number of authors per manuscript6020 $

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Journal’s subject area:
Economics and Econometrics;
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Abstract:
The article explores the overall impact of global value chains (GVCs) on wages and labor demand. The results show that relative position in the GVC is negatively correlated with wages and employment, and that the effect of GVC participation depends on whether forward or backward linkages are accounted for. Heterogeneity was found both across countries (middle and high income) and across sectors (manufacturing versus services).
Keywords:
employment; Global value chains; input–output analysis; wages

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