Competitive Conditions in Global Value Chain Networks
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  • Release Date: 2022-02-14
  • global value chain
  • complex networks
  • competitive conditions
  • entropy
  • degree
Video Introduction

This video is adapted from 10.3390/e22101068

Researchers investigated competitive conditions in global value chains (GVCs) for a period of fifteen years (2000–2014), focusing on sector structure, countries’ dominance and diversification. For this purpose, researchers used data from the World Input–Output Database (WIOD) and examined GVCs as weighted directed networks, where countries are the nodes and value added flows are the edges. Researchers compared the in-and out-weighted degree centralization of the sectoral GVC networks in order to detect the most centralized, on the import or export side, respectively (oligopsonies and oligopolies). Moreover, they examined the in- and out-weighted degree centrality and the in- and out-weight entropy in order to determine whether dominant countries are also diversified. The empirical results reveal that diversification (entropy) and dominance (degree) are not correlated. Dominant countries (rich) become more dominant (richer). Diversification is not conditioned by competitiveness.

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Angelidis, G.; Antoniou, I.E.; Ioannidis, E.; Makris, G.; Varsakelis, N. Competitive Conditions in Global Value Chain Networks. Encyclopedia. Available online: https://encyclopedia.pub/video/video_detail/202 (accessed on 20 April 2024).
Angelidis G, Antoniou IE, Ioannidis E, Makris G, Varsakelis N. Competitive Conditions in Global Value Chain Networks. Encyclopedia. Available at: https://encyclopedia.pub/video/video_detail/202. Accessed April 20, 2024.
Angelidis, Georgios, Ioannis E. Antoniou, Evangelos Ioannidis, Georgios Makris, Nikos Varsakelis. "Competitive Conditions in Global Value Chain Networks" Encyclopedia, https://encyclopedia.pub/video/video_detail/202 (accessed April 20, 2024).
Angelidis, G., Antoniou, I.E., Ioannidis, E., Makris, G., & Varsakelis, N. (2022, February 14). Competitive Conditions in Global Value Chain Networks. In Encyclopedia. https://encyclopedia.pub/video/video_detail/202
Angelidis, Georgios, et al. "Competitive Conditions in Global Value Chain Networks." Encyclopedia. Web. 14 February, 2022.