Position of Domestic Value Chain Division Benefits and Industrial Chain Decomposition


2021-07-07 01:31

Yu Lili,Peng Shuijun
Economic Science

Abstract: This paper analyzes the determinants of the position of domestic value chain division and its relationship with value-added benefits.It also examines the transferred value-added at different production stages,and identifies the key “demand-supply”chains of value-added benefits and the inter-regional transferred value-added.The findings are as follows: (1) China's domestic value chain is gradually expanding and deepening,which is conducive to the inter-regional economic linkage,but there is not necessarily a clear correlation between the position of division and the rate of return on value added; (2) The upstreamness is mainly determined by production activities to meet other provinces' final demand,while the downstreamness is determined by the combination of its own intermediate input and domestic imported intermediates; (3) The key paths of value-added benefits come from the self-production caused by the developed provinces' final demand. The industrial chain of the inter-regional transferred value-added is more complex and hidden,mainly manifested in the final demand for construction, service,food manufacturing and tobacco processing industries in developed eastern regions,which leads to the production of nonmetal minerals processing,metal smelting and processing,and agricultural industries in provinces such as Hebei and Henan.

Keywords: national value chain; division position; value-added benefits; industrial chain

The Chinese version appeared in Economic Science, 2021(03).



2021-07-07 09:31
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