Global Value Chain Participation and Firm Exit During COVID-19: Evidence from Emerging Countries

被引：0
|
作者：
Doan, Ngoc Thang [1 ]
机构：
[1] Banking Acad Vietnam, Fac Int Business, 12 Chua Boc, Hanoi 100000, Vietnam
来源：
DEVELOPING ECONOMIES | 2024年
关键词：
Firm exit; GVC participation; COVID-19; Export; International trade; Entrepreneurship; FINANCIAL CONSTRAINTS; BARGAINING POWER; LEVEL EVIDENCE; TRADE; PRODUCTIVITY; INNOVATION; DETERMINANTS; SURVIVAL; PATTERNS; CREDIT;
D O I：
10.1111/deve.12411
中图分类号：
F0 [经济学]; F1 [世界各国经济概况、经济史、经济地理]; C [社会科学总论];
学科分类号：
0201 ; 020105 ; 03 ; 0303 ;
摘要：
This paper uncovers the nexus between global value chain participation and firm exit during COVID-19 using merged data from World Bank Enterprises Survey and the Enterprise Survey Follow-Up on COVID-19. Empirical results suggest that participation in global value chain could positively extend firm survival and is robust to several specifications, including alternative measures of firm exit and global value chain participation. Further analysis indicates that global value chain participation helps a firm to improve productivity, enhance bargaining power, and mitigate financial constraints, thereby lifting the firm survival. Our paper contributes to understanding how global value chain participation influences firm exit, suggesting several policy and managerial implications.
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页数：25
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