#2721. Human Capital Expansion and Global Value Chain Upgrading: Firm-level Evidence from China

January 2027publication date
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Journal’s subject area:
Economics, Econometrics and Finance (all);
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Abstract:
Firms are actively involved in the production of the global value chain (GVC), which is an important driver of economic development. The results show that industries that are relatively more intensive in human capital experienced a larger increase in GVC position after 20XX than in previous years.
Keywords:
global value chain position; human capital expansion; imported intermediate input effect; innovation effect

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