{"id":14621,"date":"2020-11-09T19:36:25","date_gmt":"2020-11-09T18:36:25","guid":{"rendered":"http:\/\/centrorossidoria.uniroma3.it\/sezione\/catene-globali-del-valore\/"},"modified":"2022-03-21T16:42:47","modified_gmt":"2022-03-21T15:42:47","slug":"global-value-chains","status":"publish","type":"avada_portfolio","link":"https:\/\/centrorossidoria.uniroma3.it\/en\/section\/global-value-chains\/","title":{"rendered":"Global Value Chains"},"content":{"rendered":"
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Since the half of the 90\u2019s \u2013 with growing involvement, intensity, and geographical extent \u2013 the\u00a0manufacture of a good has been fragmented into phases so that it takes the form of a sequence of tasks\u00a0assigned to firms located in very different places. Global value chains (henceforth GVCs) reflect this\u00a0distinctive pattern of the international division of production. The phenomenon involves both firms in\u00a0developing countries, where participation in GVCs is an opportunity to industrialize highly labour-intensive\u00a0tasks, and firms in the developed countries, which frequently operate in what are considered to be the\u00a0most remunerative segments of GVCs, i.e. upstream and downstream to the production of a good.<\/p>\n<\/div><\/div><\/div>

The organization of production in GVCs is a phenomenon of great importance. At the macro level, it has a\u00a0significant impact on the productive specialization of individual countries, which now in large part compete\u00a0on individual phases (for example, R & D, Design, Assembly, Logistics) rather than on final goods. At the micro level, it offers opportunities of various kinds to firms,\u00a0depending on their positioning and the capacity to move along the GVC and settle on more remunerative\u00a0tasks (the so-called upgrading process).<\/p>\n

The Italian economy has been characterized by growing integration into GVCs. In fact, according to the\u00a0index of GVCs participation, Italy ranks equal with Germany and France. At\u00a0micro level, Italian firms seem to be involved in GVCs mainly as intermediate firms: that is, they sell to other\u00a0firms rather than operating in the market for finished goods.<\/p>\n

The research carried out by the Rossi-Doria Centre covers both macro aspects \u2013 the trade in value added- and firms level analyses.<\/p>\n

Economists of the Rossi-Doria Centre are involved in national and international research projects and in various networks connected with the GVCs line of research: Horizon 2020; Italian Trade Study Group; European Trade Study Group; International Agricultural Trade Research Network, Duke Global Value Chain Centre.<\/p>\n

The Rossi-Doria Centre organizes on a regular basis international Workshops focused on GVC.<\/p>\n<\/div><\/div><\/div>