Multinational and Domestic Firms' Participation in Food Global Value Chains: Does Institutional Quality Matter?
利用OECD的AMNE数据库和面板引力模型，研究了制度质量如何影响食品、饮料和烟草行业中跨国公司与国内企业的全球价值链参与，发现制度质量越低，两者参与差距越大，尤其在发展中国家。
ABSTRACT This study provides empirical evidence on the role of institutional quality in driving countries' participation in Global Value Chains (GVC) by distinguishing domestic from multinational firms (MNEs). Drawing on the Analytical Activities of MNEs (AMNE) database of OECD, we use a panel gravity framework to assess whether institutional quality improves GVC firms' participation in the food, beverages, and tobacco industry and whether the responsiveness to changes in institutional quality differs between domestic and multinational firms. A key finding is that the lower the institutional quality the greater the gap in participation between multinational and domestic firms. In developing countries, where institutions are relatively weak, domestic firms' GVC participation is correspondingly low relative to that of multinational firms.