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Summary (2)
• Key findings
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Comment (1): Determinants of GVC
participation
GVC participation:
Backward linkages: share of imported inputs/total cost
Forward linkages: share of exports/total revenue
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Comment (2): Impact of GVC
participation
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Comment (3): Policy implications
• Not derived from empirical analysis
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Recommendations
• Replace SMEs dummy with size variable
• Construct productivity estimation as a proxy for
firms’ performance
• Consider potential determinants: financial
constraints, managerial skills, skill composition of
the workforce
• Address endogeneity issue
• Update relevant literature and elaborate the
mechanism to strengthen the storyline
• Policy implications