Evolution of the manufacturing industry's status in the global value chain division of labor driven by the digital economy
Abstract
With the high-speed growth of new-generation information technology, the digital economy has had a profound impact on the global value chain(GVC) division of labor status in the manufacturing. Based on country-industry panel data from 2008 to 2018, our research explore the factors influenced by the digital economy on the manufacturing GVC division of labor. It is found that the digital economic growth dramatically contributes to the enhancement of manufacturing GVC division of labor status , and influences by promoting the production link to climb up to the R&D end, enhancing the inter-industry linkage, and reducing the cost of inter-country trade. Heterogeneous factors such as foreign digital resource inputs, higher national income levels, and industry capital-technology intensity reinforce the value chain status -enhancing effect of the digital economy. The results of the study are instructive for the policy making on the digital economy and manufacturing industry development.
Fields of Study & Subjects
Digital Economy and Transformation
Digitalization and Economic Development in Agriculture
Economic and Technological Systems Analysis
Publication details
- Journal / source
- International Review of Economics & Finance
- Publisher
- Elsevier BV
- Volume
- 106
- Pages
- 104930–104930
- Publication date
- 20 January 2026
- Language
- EN