Investigating the evolution of global value chains in relation to economic growth dependence, indicating significant structural drivers.
Economic growth dependence provides a new perspective for the study of global value chains. Based on the dependence relationship of economic growth, Global Value Chain (GVC) networks had been constructed, and the structural characteristics had been analyzed. Utilizing the Stochastic Actor-Oriented Model (SAOM), this paper explored the evolution and the driving factors of GVC networks. The results showed that: (1) China has established the dominant position of its domestic economic circulation, with the role in GVC networks continuously rising. (2) Exogenous structural effects factors play the biggest role in shaping GVC networks, contributing about 80.58% on average. (3) Multiple endogenous attribute effects factors collectively play a significant role in the evolution of GVC networks, contributing about 19.42% on average.
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Huang et al. (2026) studied this question.
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