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Employment effects of joining global production networks: Does domestic value added matter?

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  • Wannaphong Durongkaveroj

Abstract

Is the emphasis placed in trade and industry policy-making in developing countries on the share of domestic value-added ('value-added ratio') in exports consistent with the objective of achieving economic development through an export-oriented development strategy? This paper examines the rationale behind this policy emphasis, first by revisiting the conventional case for using the value-added ratio as a policy guide, and then by undertaking an input-output (I-O) analysis of manufacturing industry in Thailand with an emphasis on employment generation and equity.

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  • Wannaphong Durongkaveroj, 2021. "Employment effects of joining global production networks: Does domestic value added matter?," WIDER Working Paper Series wp-2021-64, World Institute for Development Economic Research (UNU-WIDER).
  • Handle: RePEc:unu:wpaper:wp-2021-64
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    Cited by:

    1. Eleonora Santos, 2023. "FDI and Firm Productivity: A Comprehensive Review of Macroeconomic and Microeconomic Models," Economies, MDPI, vol. 11(6), pages 1-15, June.

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    Keywords

    global production networks; value added; Exports; Employment; Thailand; Business networks; Production; Input–output;
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