Distribution Of Interests In Global Value Chains

Since the 80s of last century, in order to integrate the advantage of global resources,multinational companies Layout the different aspects of GVC to different countries and regions, as a product value chains including processes, parts of the product and links,expressed as a global value chains that multi-national division of labor in production and imports of intermediates and final goods'exports. The division of global value chains is a new thing under the conditions of the economic globalization and knowledge-based economy,also is an important trend of international division of labor. At the time of the changing of international labor division in the form and the pattern of international trade, the world's total trade interests'growth mechanism and the distribution of trade interests among countries has become complicated and confusing, the GVC reflecting a characteristic of value hierarchy that according to the different segments, countries access to different value-added.In this paper, the interests of global value chains around the theme of the value chain to create interest, we study the creating of the value of GVC,the distribution of interests and the impacts of the interests'distribution,meanwhile choose China's manufacturing industry as the target to study the relationship between the distribution of benefits and influencing factors by empirical analysis. We get the following conclusions:As the traditional basics of labor division,the comparative advantages and economies of scale are still the source of interests in GVC.For studying the reasons,we emplored from the economic rights and rents.And have put forward two hypotheses:a, the greater the power of economic rights, access to more trade interests. b, Who access to advanced elements of the value chain links, obtain more trade interests; Empirical Analysis of China's manufacturing results of value-added processing trade was a negative correlation with labor productivity productivity and a positive correlation withR & D,which also verified the correctness of the previous assumptions; on the basis of empirical analysis, we further analyzed the impact of the labor productivity on the distribution of benefits inGVC and the terms of trade angles,get the conclusion that labor productivity worsening the terms of trade of industrial products, but better to GVC.Through theoretical and empirical analysis of China's participation in global value chains to review the theoretical basis, this article proposes to re-participate in the international division of labor theories and principles, that is, comparative advantages, strengths and great power of combining the advantage. At the same time, in this based on the strategy of China's economy, China should strengthen the human capital accumulation, increase high-level of production factors, to create competitive advantage, the pursuit of dynamic comparative advantage, and safeguarding national economic security and so do a better job in order to solve the global value chain in the interests of the problem of unsatisfactory.Through the oretical and empirical analysis and the review of the theoretical basics that China's participation in GVC, we proposes to re-participate theories principles of the international division of labor, that is combining the comparative advantages, Large country advantages and studying advantages.At the same time, made recommendations on the strategy of China's economy that China should strengthen the human capital accumulation, increase high-level of production factors, upgrade the status in GVC and safeguarde the security of national economic, finally to solve the problem of the interests'getting in GVC.