Publisher：International Economic Journal  

While the past literature on international trade often dealt with the impact of trade policy such as tariffs, and preferential trade agreements, the current fragmented production network highlights the significance of GVCs. We empirically tested the relationship between GVCs participation and the international trade patterns. The results showed that both backward and forward participation in GVCs have positive relationship with the diversification of goods but negative relationship with the growth of incumbent goods.

DOI： 10.1080/10168737.2024.2430568

Web of Science

Scopus

Authorship：Corresponding author   Language：English   Publishing type：Research paper (scientific journal)  

Publisher：World Development  

The COVID-19 pandemic has heavily affected economic activities. In emerging Asia, where small family businesses play central roles in their economies, previous studies found that the sector was particularly hard hit by the pandemic. However, little is known about how households have mitigated the negative shocks on their family business during the pandemic. Using datasets from representative household surveys in seventeen Asian countries from the Association of Southeast Asian Nations (ASEAN) and the Central Asia Regional Economic Cooperation (CAREC) regions, this study investigates the role of business coping strategies and government financial aid in mitigating the adverse impacts of the pandemic on family business conditions in the short run. We find that (i) adoption of coping strategy is associated with a lower probability of both a decline in family business income and family business closure; and (ii) government financial aid is associated with a lower probability of a decline in family business income and a higher probability of adopting coping strategies. This study is one of the first to provide empirical evidence on mitigation mechanisms of family business in emerging Asia. This is important to understand what policies will enable the family business sector to perform better during the future pandemics and other economic crises.

DOI： 10.1016/j.worlddev.2024.106653

Open Access

Web of Science

Scopus

Publisher：International Economic Journal  

Unlike the sound purposes of the NTMs to shape the necessary protection to ensure consumers and environmental safety, the majority of the past literature often addressed the adverse impact of NTMs on international trade. Among the past literature, only a handful of studies dealt with the relationship between non-tariff measures and participation in global value chains. We address two research questions. First, what are the impacts of technical regulations on participation in global value chains? Second, does the impact of technical regulations differ across the sectors? With the recently published non-tariff measures data from UNCTAD-TRAINS, this study constructs the Additional Compliance Requirement Indicator to test whether technical regulations facilitated or sabotaged the backward and forward participation in global value chains. The results indicate that additional burdens for exporters hamper global value chain participation through both backward and forward participation. Moreover, technical regulations in the agriculture sector seem to be more harmonized compared to the manufacturing sector. As technical regulations often serve as sound measures to shape the necessary protection for consumers and environmental safety, harmonization of the technical regulations is preferred rather than mere eradication.

DOI： 10.1080/10168737.2023.2298952

Web of Science

Scopus

Authorship：Lead author  

Language：English   Presentation type：Oral presentation (general)  

Venue：Sunkyunkwan University, South Korea   Country：Korea, Republic of