Participation in Global Value Chains and Rent Sharing by Small Firms in Viet Nam
It is well documented that firms that participate in global value chains (GVCs) are larger and more productive, maintaining higher profitability compared to those without such connections. This paper asks the novel question of whether higher profits being connected to GVCs are shared with employees...
Saved in:
| Published in | IDEAS Working Paper Series from RePEc |
|---|---|
| Main Authors | , |
| Format | Paper |
| Language | English |
| Published |
St. Louis
Federal Reserve Bank of St. Louis
01.01.2022
|
| Online Access | Get full text |
Cover
Loading…
| Abstract | It is well documented that firms that participate in global value chains (GVCs) are larger and more productive, maintaining higher profitability compared to those without such connections. This paper asks the novel question of whether higher profits being connected to GVCs are shared with employees in the form of better pay. We investigated this rent sharing, using a matched employer–employee dataset of Vietnamese small firms surveyed between 2013 and 2015. We found that positive profits would feed into individual wages after accounting for the firm and employee attributes, as well as firm and employee fixed effects, but this is only found for those small firms without any involvement with GVCs. Rent sharing, on the other hand, is completely absent in GVC firms. We take this as evidence that GVC firms provide both higher wages and insurance against demand fluctuations. |
|---|---|
| AbstractList | It is well documented that firms that participate in global value chains (GVCs) are larger and more productive, maintaining higher profitability compared to those without such connections. This paper asks the novel question of whether higher profits being connected to GVCs are shared with employees in the form of better pay. We investigated this rent sharing, using a matched employer–employee dataset of Vietnamese small firms surveyed between 2013 and 2015. We found that positive profits would feed into individual wages after accounting for the firm and employee attributes, as well as firm and employee fixed effects, but this is only found for those small firms without any involvement with GVCs. Rent sharing, on the other hand, is completely absent in GVC firms. We take this as evidence that GVC firms provide both higher wages and insurance against demand fluctuations. |
| Author | Yamashita, Nobuaki Doan Thi Thanh Ha |
| Author_xml | – sequence: 1 givenname: Nobuaki surname: Yamashita fullname: Yamashita, Nobuaki – sequence: 2 fullname: Doan Thi Thanh Ha |
| BookMark | eNqNi7sKwkAQAK_Qwtc_LFgLQWPQOhitJBhJGza6mpW7vXiPwr9XwQ-wmmJmxmogVmikyhJd4Av3GNgKsMBe2xY11KgjQd4hiweUK5xIAlQdOpY7tC-oDGoNBTvjv1vNFOCIZqqGN9SeZj9O1LzYnfPDonf2GcmH5mGjk49qltk22WRpsk5X_1VvJ7A6IQ |
| ContentType | Paper |
| Copyright | 2022. Notwithstanding the ProQuest Terms and conditions, you may use this content in accordance with the associated terms available at https://research.stlouisfed.org/research_terms.html . |
| Copyright_xml | – notice: 2022. Notwithstanding the ProQuest Terms and conditions, you may use this content in accordance with the associated terms available at https://research.stlouisfed.org/research_terms.html . |
| DBID | 3V. 7WY 7WZ 7XB 87Z 8FK 8FL AAFGM ABLUL ABPUF ABSSA ABUWG ACIOU ADZZV AFKRA AGAJT AGSBL AJNOY AQTIP AZQEC BENPR BEZIV BOUDT CBHQV CCPQU DWQXO FRNLG F~G K60 K6~ L.- M0C PIMPY PQBIZ PQBZA PQCXX PQEST PQQKQ PQUKI PRINS Q9U |
| DatabaseName | ProQuest Central (Corporate) ABI/INFORM Collection ABI/INFORM Global (PDF only) ProQuest Central (purchase pre-March 2016) ABI/INFORM Collection ProQuest Central (Alumni) (purchase pre-March 2016) ABI/INFORM Collection (Alumni Edition) ProQuest Central Korea - hybrid linking Business Premium Collection - hybrid linking ABI/INFORM Collection (Alumni) - hybrid linking ABI/INFORM Collection - hybrid linking ProQuest Central (Alumni) ABI/INFORM Global - hybrid linking ProQuest Central (Alumni) - hybrid linking ProQuest Central UK/Ireland ProQuest Central Essentials - hybrid linking ABI/INFORM Global (Alumni) - hybrid linking Business Premium Collection (Alumni) - hybrid linking ProQuest Women's & Gender Studies - hybrid linking ProQuest Central Essentials ProQuest Central ProQuest Business Premium Collection ProQuest One Business - hybrid linking ProQuest One Business (Alumni) - hybrid linking ProQuest One Community College ProQuest Central Business Premium Collection (Alumni) ABI/INFORM Global (Corporate) ProQuest Business Collection (Alumni Edition) ProQuest Business Collection ABI/INFORM Professional Advanced ABI/INFORM Global (ProQuest) Publicly Available Content (ProQuest) One Business (ProQuest) ProQuest One Business (Alumni) ProQuest Central - hybrid linking ProQuest One Academic Eastern Edition (DO NOT USE) ProQuest One Academic ProQuest One Academic UKI Edition ProQuest Central China ProQuest Central Basic |
| DatabaseTitle | Publicly Available Content Database Business Premium Collection ABI/INFORM Global (Corporate) ProQuest Business Collection (Alumni Edition) ProQuest One Business ABI/INFORM Global ABI/INFORM Global (Alumni Edition) ProQuest Central Basic ProQuest Central Essentials ProQuest One Academic Eastern Edition ProQuest Central (Alumni Edition) ProQuest One Community College ProQuest Business Collection ProQuest Central China ABI/INFORM Complete ProQuest Central ABI/INFORM Professional Advanced ProQuest One Academic UKI Edition ProQuest Central Korea ProQuest One Business (Alumni) ProQuest One Academic ABI/INFORM Complete (Alumni Edition) ProQuest Central (Alumni) Business Premium Collection (Alumni) |
| DatabaseTitleList | Publicly Available Content Database |
| Database_xml | – sequence: 1 dbid: BENPR name: ProQuest Central url: https://www.proquest.com/central sourceTypes: Aggregation Database |
| DeliveryMethod | fulltext_linktorsrc |
| Genre | Working Paper/Pre-Print |
| GroupedDBID | 3V. 7WY 7XB 8FK 8FL ABUWG AFKRA AZQEC BENPR BEZIV CCPQU DWQXO FRNLG K60 K6~ L.- M0C PIMPY PQBIZ PQBZA PQEST PQQKQ PQUKI PRINS Q9U |
| ID | FETCH-proquest_journals_26908640543 |
| IEDL.DBID | BENPR |
| IngestDate | Thu Oct 10 22:21:21 EDT 2024 |
| IsOpenAccess | true |
| IsPeerReviewed | false |
| IsScholarly | false |
| Language | English |
| LinkModel | DirectLink |
| MergedId | FETCHMERGED-proquest_journals_26908640543 |
| OpenAccessLink | https://www.proquest.com/docview/2690864054?pq-origsite=%requestingapplication% |
| PQID | 2690864054 |
| PQPubID | 2036240 |
| ParticipantIDs | proquest_journals_2690864054 |
| PublicationCentury | 2000 |
| PublicationDate | 20220101 |
| PublicationDateYYYYMMDD | 2022-01-01 |
| PublicationDate_xml | – month: 01 year: 2022 text: 20220101 day: 01 |
| PublicationDecade | 2020 |
| PublicationPlace | St. Louis |
| PublicationPlace_xml | – name: St. Louis |
| PublicationTitle | IDEAS Working Paper Series from RePEc |
| PublicationYear | 2022 |
| Publisher | Federal Reserve Bank of St. Louis |
| Publisher_xml | – name: Federal Reserve Bank of St. Louis |
| Score | 3.3686123 |
| Snippet | It is well documented that firms that participate in global value chains (GVCs) are larger and more productive, maintaining higher profitability compared to... |
| SourceID | proquest |
| SourceType | Aggregation Database |
| Title | Participation in Global Value Chains and Rent Sharing by Small Firms in Viet Nam |
| URI | https://www.proquest.com/docview/2690864054 |
| hasFullText | 1 |
| inHoldings | 1 |
| isFullTextHit | |
| isPrint | |
| link | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwfZ1NS8NAEIYHTS7eLCp-VBnQa9Ck28ScBEtDEQyhaumtzG42GEhqm6QH_72zaYqC0POyHyzLvPvMzM4C3DFyqUAR39zS0HcEudIJhRw6zMseidTNKDNvh19jf_IhXubDeedwq7u0yp1NbA11-qWMj_zeY4x79Pl6IZ5Wa8f8GmWiq90XGodge0wKDxbYz-M4mf4zrK1aRMdgJ7TSVQ8O9PIEkoT-pC5jvsRtnX2cUbHROPpkNq-RgR6nLABoKiiznKD8xreSigKjvCpr022W6wZjKk_hNhq_jybObvJFdyDqxe_yB2dgMdnrc0CW9tAPidwgyIRUDFsmmMqiqZVWAz-4gP6-kS73N1_BkWdy9Vt_QR-sptroa1bQRt502_QD0Lp6jQ |
| link.rule.ids | 783,787,21400,33756,43817 |
| linkProvider | ProQuest |
| linkToHtml | http://utb.summon.serialssolutions.com/2.0.0/link/0/eLvHCXMwfZ1NS8NAEIYHbQ56U1T8qDqg1yBJt4k5CZaGqG0ItZbewmSzwUBTa5Ie_PfOxhQFoedlP1iWefeZnZ0BuGXkkq4kvrmlnmMKshLTE0nfZF62SaRWRpn-OzwOneBNPM_789bhVrVhlRub2Bjq9ENqH_mdzRh37_D1QjysPk1dNUq_rrYlNHbB0KmqGL6Mx2EYTf4Z1kYt_AMwIlqp8hB21PIIooj-hC5jvsSfPPs4o8Va4eCd2bxCBnqcsACgzqDMcoLJF74WtFign5dFpbvNclVjSMUx3PjD6SAwN5PH7YGo4t_l906gw2SvTgFZ2j3HI7JcNxOJZNjSj6ksmkoq2XPcM-huG-l8e_M17AXT8SgePYUvF7Bv67j9xnfQhU5drtUlq2mdXLVb9g3DMX2H |
| openUrl | ctx_ver=Z39.88-2004&ctx_enc=info%3Aofi%2Fenc%3AUTF-8&rfr_id=info%3Asid%2Fsummon.serialssolutions.com&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Ajournal&rft.genre=article&rft.atitle=Participation+in+Global+Value+Chains+and+Rent+Sharing+by+Small+Firms+in+Viet+Nam&rft.jtitle=IDEAS+Working+Paper+Series+from+RePEc&rft.au=Yamashita%2C+Nobuaki&rft.au=Doan+Thi+Thanh+Ha&rft.date=2022-01-01&rft.pub=Federal+Reserve+Bank+of+St.+Louis |