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The impact of regulatory distance from global standards on a country’s centrality in global value chains

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  • Inui, Tomohiko
  • Ikeuchi, Kenta
  • Obashi, Ayako
  • Yang, Qizhong

Abstract

We examine whether and how a country’s centrality in global value chains (GVCs) is dependent upon the extent to which its regulatory regime differs from the global norm, using country and sector-level data from OECD and UNCTAD. We find that the more similar a country’s regulatory regime is to global standards the more likely the country is to play a dominant role in GVCs. Our findings suggest that a country could enhance its centrality in GVCs by harmonising a set of technical regulations to the global standards.

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  • Inui, Tomohiko & Ikeuchi, Kenta & Obashi, Ayako & Yang, Qizhong, 2021. "The impact of regulatory distance from global standards on a country’s centrality in global value chains," International Economics, Elsevier, vol. 166(C), pages 95-115.
    • Handle: RePEc:eee:inteco:v:166:y:2021:i:c:p:95-115
    DOI: 10.1016/j.inteco.2021.03.001
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    Cited by:

    1. Jihyun Eum, 2023. "Non‐tariff measures along global value chains: evidence from ASEAN countries," Asian-Pacific Economic Literature, The Crawford School, The Australian National University, vol. 37(2), pages 27-53, November.

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    More about this item

    Keywords

    Non-tariff measure; Regulatory distance; Centrality in global value chains;
    All these keywords.

    JEL classification:

    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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