Global value chains, labour markets and productivity

João Amador, Sónia Cabral

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Global value chains (GVCs) have deeply changed the paradigm of world production,
strongly affecting labour market and productivity developments. This chapter broadly surveys the empirical research on the impacts of GVCs on employment, wages and productivity. Most papers conclude that the rise of GVCs accounts for a relevant part of the increase in the relative demand for skilled labour in developed countries, but the overall effect on the level of employment is small. As for productivity, the literature suggests a positive impact of participation in GVCs.
Original languageEnglish
Title of host publicationThe Age of Global Value Chains: Maps and Policy Issues
EditorsJoão Amador, Filippo di Mauro
Place of PublicationLondon
PublisherCEPR Press
Pages107-120
ISBN (Electronic)978-1-907142-91-8
Publication statusPublished - 2015

Publication series

NameA VoxEU.org eBook
PublisherCEPR

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  • Cite this

    Amador, J., & Cabral, S. (2015). Global value chains, labour markets and productivity. In J. Amador, & F. di Mauro (Eds.), The Age of Global Value Chains: Maps and Policy Issues (pp. 107-120). (A VoxEU.org eBook). London: CEPR Press.