Contemporary Finance & Economics ›› 2022, Vol. 0 ›› Issue (9): 100-112.

• Industry & Trade • Previous Articles     Next Articles

Regional Technological Progress and the Embedding of Domestic and International Dual Value Chains

HE Ya-xing, YU Jie   

  1. Southwestern University of Finance and Economics, Chengdu 611130, China
  • Received:2022-04-21 Online:2022-09-15 Published:2022-09-19

Abstract: Technological progress is an important impetus for economic growth, and it is essential for it to play a role in promoting the embedding of dual value chains in the process of building a new development pattern. This paper analyzes the impact of technological progress on the embeddedness of dual value chain both theoretically and empirically.The findings show that, firstly, technological progress has promoted the domestic value chain through the singledomestic value chain division of labor and the dual division of labor in the integrated domestic value chain and the global value chain. Secondly, the impact of technological progress has regional and sectoral heterogeneity. The technological progress in the western region is conducive to inhibiting its embedding in the shallow global value chain; and the technological advances in the eastern region have the same effect on the embedding of domestic value chains as the full sample. Technological progress in the high-tech manufacturing sector has not made it more deeply embedded in the value chain division of labor, especially the most complex dual division of labor.The technological progress in other sectors is conductive to inhibiting its embedding in the shallow global value chain, promoting it to participate more deeply in the division of labor of the domestic value chain. Thirdly, the growth of technical efficiency is the main way that technological progress affects the division of labor in the dual value chain.

Key words: technological progress, domestic value chain, global value chain

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