The Impact of Digital Trade Barriers on the Participation of Countries in Global Value Chains

Deng Lianhaohua (2021) The Impact of Digital Trade Barriers on the Participation of Countries in Global Value Chains. Külkereskedelmi Kar.

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① With the rapid development of digital technology, the world economy has ushered in the 4th wave of globalization with the digital economy as its main part. Digital trade, as an important product of the globalization of the digital economy, is driving profound changes in international trade. Digital trade is a new driving force for countries to participate in the GVCs, and it is also a new way to help emerging economies such as China to escape from the dilemma of "low-end locking" in the GVCs. However, the rapid development of digital trade is accompanied by new types of digital trade risks and a series of digital trade barriers have further evolved. These domestic restrictive policies may inhibit the development of digital trade and the digital economy, and thus hinder the upgrading of GVCs position of emerging economies. In view of this, this paper tries to explore the impact of digital trade barriers on GVCs from the following aspects.② First, this paper analyses the development status of digital trade, GVCs, and the impact mechanism of digital trade on GVCs. In summary, it is concluded that digital trade has a positive impact on the development of international trade to different degrees at the national level, industry level, and enterprise level. In terms of impact mechanisms, digital trade can contribute to the GVCs through both the reduction of transaction costs and the provision of productive services. However, the current division of GVCs is characterized by a slowdown, "multi-polarization" and "regionalization". Therefore, this paper proposes the idea that "digital trade barriers have a dampening effect on GVCs" to explain the current slowdown in the proliferation of GVCs.③ Secondly, this thesis sorts out digital trade barriers to make up for the lack of a unified classification standard for digital trade barriers in the current international context. It also introduces the classification of digital trade barriers in conjunction with the international trade rules. Next, the mature experiences in the digital trade rules of the US and EU are summarized, and the current status and problems of China's digital trade rules are compared and analyzed. Finally, the OECD-DSTRI measurement indicator is introduced, and the conclusion is drawn through quantitative analysis: the current international digital trade barriers are increasingly restrictive, and the strength of trade barriers in emerging economies represented by China is high.④ Again, based on Long et al. (2004), this paper constructs a theoretical model of digital trade barriers and the development of GVCs. Four scenarios are compared and analyzed, a closed economy, free trade in goods, free trade in goods and digital services, and a situation where digital trade barriers exist. The core proposition of this paper is finally argued: the existence of digital trade barriers hinders the division of labor in GVCs; digital trade barriers generally hinder the division of labor in GVCs in developing countries more than in developed countries.⑤ The research in this paper has implications for synergistically promoting the development of digital trade in China and globally. For China, analyzing the impact mechanism of digital trade barriers will help to enhance China's institutional discourse in the digital trade rule system and guide Chinese industries and enterprises that can participate more effectively in the GVCs. Ultimately, this paper puts forward four recommendations related to digital trade barriers, taking into account China's national conditions and development stage: First, strengthen the construction of digital infrastructure and promote interconnection. Second, improve trade policies and domestic regulations related to digital trade. Third, increase the implementation of trade facilitation measures. Fourth, actively participate in digital trade regulation negotiations and strengthen international cooperation in Digital Trade Governance.

Intézmény

Budapesti Gazdasági Egyetem

Kar

Külkereskedelmi Kar

Tanszék

Nemzetközi Gazdaságtan Tanszék

Tudományterület/tudományág

NEM RÉSZLETEZETT

Szak

Nemzetközi Gazdaság és Gazdálkodás (angol)

Mű típusa: diplomadolgozat (NEM RÉSZLETEZETT)
Kulcsszavak: digital economic, digital trade, digital trade barrier, digital trade rules, Global Value Chain
SWORD Depositor: Archive User
Felhasználói azonosító szám (ID): Archive User
Rekord készítés dátuma: 2022. Már. 08. 09:06
Utolsó módosítás: 2022. Okt. 14. 09:28

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