Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/228151
Authors: 
Iliopoulos, Panagiotis
Galanis, Giorgos
Kumar, Ashok
Popoyan, Lilit
Year of Publication: 
2020
Series/Report no.: 
LEM Working Paper Series No. 2020/12
Abstract: 
Power is one of the key components in understanding and analyzing global production and is central to the analytical frameworks of both GVCs and GPNs. By focusing on firms' power within GPNs, we are able to draw a novel analytical link between the governance structures of GVCs and network configuration presented in recent versions of GPNs. Using global input-output data, we show that the network structure of global production helps determine the distribution of power among firms in different economic sectors and, consequently, it influences the governance structures of supply networks. More specifically, we find a very high correlation between the distribution of profits and a sector's position in global production, captured by its (total strength) centrality. Based on this, we are able to provide a quantitative measure of power within global production and its governance structures.
Subjects: 
Global production networks
global value chains
power relations
network theory
JEL: 
C67
D57
D85
L11
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.