Commerce, Coalitions, and Global Value Chains

Commerce, Coalitions, and Global Value Chains
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Total Pages : 0
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ISBN-10 : OCLC:1398439523
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Book Synopsis Commerce, Coalitions, and Global Value Chains by : Hao Zhang

Download or read book Commerce, Coalitions, and Global Value Chains written by Hao Zhang and published by . This book was released on 2023 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Global value chains (GVCs) have connected firms in complex networks within and across national borders. However, political economy models often assume away production linkages and thus fail to explain pervasive and diverse trade coalitions cutting across industries and firms. I develop a GVC-centered framework where production linkages through the common foreign partner foster interdependent preferences and collective action for trade liberalization. For empirical tests, I compile firm-to-firm supply chain datasets, construct direct measures, and estimate various network models. I find that US firms with GVC linkages tend to lobby together, lobby on the same bill, and hire the same lobbyist. Furthermore, GVC linkages among lead firms increase collective lobbying through trade associations. Finally, I show that GVC coalitions drive the formation and depth of preferential trade networks. These results provide microfoundations for new coalitional politics under GVCs and challenge the common assumption about industries and firms as isolated political actors.


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