Dr. Heiner Mikosch - Seminar Presentation

Date and Time: June 17th, 2019, 4:00 - 6:00pm

Room: A 101 in the Economics Building (Museum)

Abstract

The aim of this paper is to shed some new light on the relationship between financial development and trade in value-added also known as global value chains (GVC). Following the literature emphasizing the channel by which the first factor impacts upon the second one, we consider the position in GVC as being a variable likely to convey this influence in the current context of cross-border sharing activities. Unlike previous papers, we use GVC data developed by the Research Institute for Global Value Chains at University of International Business and Economics and we focus exclusively on landlocked countries. The finding shows that countries without access to ports in Africa tend to participate more in export of value-added when there is a simultaneous effect between financial development and the position in upstreamness. As policy implication, we suggest developing countries geographically disadvantged to develop their financial system and drive their financial loans depending on their position in GVC.

About the Speaker

Mouanda Mouanda recently received his PhD Degree in International Economics from the University of International Business and Economics.