A microeconometric analysis of factors affecting global value chain participation in Zimbabwe
Using firm-level data, this study explores the microeconomic factors affecting global value chain (GVC) participation in Zimbabwe. GVCs are important as a result of the fragmentation of global production across countries. As expected, firm size and credit financing are important determinants in fos...
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| Format: | Article |
| Language: | English |
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Cogent OA
2021
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| Online Access: | https://www.tandfonline.com/doi/pdf/10.1080/23322039.2019.1682746?needAccess=true http://hdl.handle.net/11408/4403 |
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| author | Masunda, Stein Mupaso, Norman |
| author_facet | Masunda, Stein Mupaso, Norman |
| author_sort | Masunda, Stein |
| collection | DSpace |
| description | Using firm-level data, this study explores the microeconomic factors
affecting global value chain (GVC) participation in Zimbabwe. GVCs are important as a result of the fragmentation of global production across countries. As expected, firm size and credit financing are important determinants in fostering GVC participation. However, and quite surprising, foreign-owned firms in Zimbabwe participate less in GVCs when compared to domestically owned firms. Using data for 549 firms, this study postulates that if firm participation in GVCs is to be enhanced, access to credit for firms should be frictionless and firm growth-enabling environment and policies should be established. Summarily, the study postulates positive trade and financial linkages. Thus, access to credit and firm size are important in promoting intra-firm trade. |
| format | Article |
| id | ir-11408-4403 |
| institution | My University |
| language | English |
| publishDate | 2021 |
| publisher | Cogent OA |
| record_format | dspace |
| spelling | ir-11408-44032022-06-27T13:49:06Z A microeconometric analysis of factors affecting global value chain participation in Zimbabwe Masunda, Stein Mupaso, Norman global value chain trade microeconometric probit logit Using firm-level data, this study explores the microeconomic factors affecting global value chain (GVC) participation in Zimbabwe. GVCs are important as a result of the fragmentation of global production across countries. As expected, firm size and credit financing are important determinants in fostering GVC participation. However, and quite surprising, foreign-owned firms in Zimbabwe participate less in GVCs when compared to domestically owned firms. Using data for 549 firms, this study postulates that if firm participation in GVCs is to be enhanced, access to credit for firms should be frictionless and firm growth-enabling environment and policies should be established. Summarily, the study postulates positive trade and financial linkages. Thus, access to credit and firm size are important in promoting intra-firm trade. 2021-06-08T10:56:25Z 2021-06-08T10:56:25Z 2019 Article 2332-2039 https://www.tandfonline.com/doi/pdf/10.1080/23322039.2019.1682746?needAccess=true http://hdl.handle.net/11408/4403 en Cogent Economics & Finance;Vol.7 ; No.1 open Cogent OA |
| spellingShingle | global value chain trade microeconometric probit logit Masunda, Stein Mupaso, Norman A microeconometric analysis of factors affecting global value chain participation in Zimbabwe |
| title | A microeconometric analysis of factors affecting global value chain participation in Zimbabwe |
| title_full | A microeconometric analysis of factors affecting global value chain participation in Zimbabwe |
| title_fullStr | A microeconometric analysis of factors affecting global value chain participation in Zimbabwe |
| title_full_unstemmed | A microeconometric analysis of factors affecting global value chain participation in Zimbabwe |
| title_short | A microeconometric analysis of factors affecting global value chain participation in Zimbabwe |
| title_sort | microeconometric analysis of factors affecting global value chain participation in zimbabwe |
| topic | global value chain trade microeconometric probit logit |
| url | https://www.tandfonline.com/doi/pdf/10.1080/23322039.2019.1682746?needAccess=true http://hdl.handle.net/11408/4403 |
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