Cargando…

Impacts of digital business on global value chain participation in European countries

As the first empirical study of the nonlinear effects of digital business on global value chains (GVC), we provide insight into the nonlinear effects of digital business on the global value chain (GVC) values. We employ four indicators, including the value of online selling, sales through E-commerce...

Descripción completa

Detalles Bibliográficos
Autor principal: Ha, Le Thanh
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer London 2022
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9288586/
https://www.ncbi.nlm.nih.gov/pubmed/35872965
http://dx.doi.org/10.1007/s00146-022-01524-w
_version_ 1784748495124561920
author Ha, Le Thanh
author_facet Ha, Le Thanh
author_sort Ha, Le Thanh
collection PubMed
description As the first empirical study of the nonlinear effects of digital business on global value chains (GVC), we provide insight into the nonlinear effects of digital business on the global value chain (GVC) values. We employ four indicators, including the value of online selling, sales through E-commerce, and customer relationship management (CRM) usage, to capture the prevalence of digital business in the economy. By testing a sample of 25 European countries that have been analyzed using various econometric techniques over the period 2012–2019, our estimation results confirm that GVC values are a U-shaped function of digitalization. That is, an increase in digitalization pervasiveness initially induces more significant risks and uncertainties, hindering European countries from getting involved in or scale-up within the GVC. However, a rise in digitalization pervasiveness goes beyond a specific threshold, which facilitates GVC activities as more opportunities are created. Furthermore, our findings suggest that digital business contributes significantly to reducing the adverse influences of global uncertainty on the GVC values, while the marginal effects of digital business on GVC values become more pronounced in countries with the most advanced institutional structure.
format Online
Article
Text
id pubmed-9288586
institution National Center for Biotechnology Information
language English
publishDate 2022
publisher Springer London
record_format MEDLINE/PubMed
spelling pubmed-92885862022-07-18 Impacts of digital business on global value chain participation in European countries Ha, Le Thanh AI Soc Open Forum As the first empirical study of the nonlinear effects of digital business on global value chains (GVC), we provide insight into the nonlinear effects of digital business on the global value chain (GVC) values. We employ four indicators, including the value of online selling, sales through E-commerce, and customer relationship management (CRM) usage, to capture the prevalence of digital business in the economy. By testing a sample of 25 European countries that have been analyzed using various econometric techniques over the period 2012–2019, our estimation results confirm that GVC values are a U-shaped function of digitalization. That is, an increase in digitalization pervasiveness initially induces more significant risks and uncertainties, hindering European countries from getting involved in or scale-up within the GVC. However, a rise in digitalization pervasiveness goes beyond a specific threshold, which facilitates GVC activities as more opportunities are created. Furthermore, our findings suggest that digital business contributes significantly to reducing the adverse influences of global uncertainty on the GVC values, while the marginal effects of digital business on GVC values become more pronounced in countries with the most advanced institutional structure. Springer London 2022-07-17 /pmc/articles/PMC9288586/ /pubmed/35872965 http://dx.doi.org/10.1007/s00146-022-01524-w Text en © The Author(s), under exclusive licence to Springer-Verlag London Ltd., part of Springer Nature 2022 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Open Forum
Ha, Le Thanh
Impacts of digital business on global value chain participation in European countries
title Impacts of digital business on global value chain participation in European countries
title_full Impacts of digital business on global value chain participation in European countries
title_fullStr Impacts of digital business on global value chain participation in European countries
title_full_unstemmed Impacts of digital business on global value chain participation in European countries
title_short Impacts of digital business on global value chain participation in European countries
title_sort impacts of digital business on global value chain participation in european countries
topic Open Forum
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9288586/
https://www.ncbi.nlm.nih.gov/pubmed/35872965
http://dx.doi.org/10.1007/s00146-022-01524-w
work_keys_str_mv AT halethanh impactsofdigitalbusinessonglobalvaluechainparticipationineuropeancountries