Tran Lam Anh Duong; Deseatnicov, Ivan - 2019
In this paper, we theoretically investigate the role of technology level in Global Value Chain (GVC) formation from two … respect to their technology level and labor force. In GVC, there are a number of intermediate production stages with different … technology thresholds. A country can produce at a stage if its technology level is higher than the stage's threshold. The unit …