Do backward and forward participation in global value chain matter for competitiveness A dynamic panel analysis

Key Points

• The aim is to examine how backward and forward participation in the global value chain affects competitiveness.
• Dynamic panel analysis of various industries
• Comparison of backward and forward participation effects
• Assessment of competitiveness indicators
• Backward participation enhances competitiveness more significantly than forward participation
• Positive correlation found between value chain participation and overall industry competitiveness
• Evidence of varied impacts across different sectors