Geo-economic Character of GVC in the Global Reproductive Process System

DOI

10.2991/aebmr.k.210710.009How to use a DOI?

Keywords

GVC, TiVA, Production Potential, Reproduction Process, Coating Coefficient, Food and Chemical Industry, Regression analysis, intermediate consumption

Abstract

Today there are at least two ways to analyze the world economy: the first one is to look at it through the prism of growth and institutional changes in developed and developing economies, within the international division of the production process. The second way is to look at it through the prism of Global Value Chains (GVC), which are crossing national borders and form a complex network goods, services, capital and technology flows. Both approaches are important and complementing each other. Each country, through its participation in international trade system and transnationalization of capital, is directly involved in the global reproduction process. However, the degree of effectiveness is determined by a country’s involvement in the GVC level, as this system reflects the amount of value added, created in a country. It is this volume, that determines the quality of economic growth and generates the national wealth of a country. The aim of our study is to determine the importance of a country in GVC, in terms of its’ geo-economic component and the quality of value added dynamics. The paper deals with the geo-economic aspects of the global value chains. Based on the analysis of value added indicators and final consumption by sectors of the Azerbaijani economy, the specifics of the country’s participation in GVC have been determined.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Anar Rzayev
AU  - Farid Dilavarov
AU  - Ganira Ibrahimova
PY  - 2021
DA  - 2021/07/14
TI  - Geo-economic Character of GVC in the Global Reproductive Process System
BT  - Proceedings of the 3rd International Conference Spatial Development of Territories (SDT 2020)
PB  - Atlantis Press
SP  - 50
EP  - 55
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210710.009
DO  - 10.2991/aebmr.k.210710.009
ID  - Rzayev2021
ER  -