Research on the Impact of Digital Trade Development on The Resilience of Manufacturing Global Value Chain

Xing Ming

doi:10.54097/b62d3h47

Authors

Xing Ming

DOI:

https://doi.org/10.54097/b62d3h47

Keywords:

Digital trade, Manufacturing, Global value chain resilience

Abstract

As the core element of modern digital economy, digital trade plays an important role in the toughness of the global value chain of manufacturing industry and the high-quality development of manufacturing industry. This paper makes an empirical study on the impact of digital trade on the resilience of manufacturing global value chain. Firstly, according to the theoretical connotation of Digital Trade and global value chain resilience, the development level of digital trade is measured from four dimensions: digital innovation, digital trade capacity, infrastructure environment and trade potential; From the two aspects of security and stability, this paper constructs the manufacturing global value chain toughness index, calculates and analyzes the manufacturing global value chain toughness of various countries. Secondly, we use a variety of econometric methods to empirically test the impact of digital trade on the length of the global value chain and its mechanism, to investigate how digital trade affects the division of labor in the global value chain, and further explore the impact on the toughness of the global value chain. Finally, according to the research conclusion, from the perspective of digital trade, this paper puts forward policy suggestions to promote the resilience of the manufacturing global value chain.

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