eprintid: 3855
rev_number: 6
eprint_status: archive
userid: 69
dir: disk0/00/00/38/55
datestamp: 2018-01-10 14:19:02
lastmod: 2018-01-10 14:19:02
status_changed: 2018-01-10 14:19:02
type: article
metadata_visibility: show
creators_name: Rungi, Armando
creators_name: Del Prete, Davide
creators_id: armando.rungi@imtlucca.it
creators_id: davide.delprete@imtlucca.it
title: The smile curve at the firm level: Where value is added along supply chains
ispublished: pub
subjects: HB
subjects: HD
divisions: EIC
full_text_status: none
keywords: Global value chains; Firm level; Smile curve; Downstreamness; Value added
abstract: In this paper, we investigate at the firm-level where value is added along supply chains on a sample of about 2 million firms in the European Union. In line with the hypothesis of a ‘smile curve’, we detect a non-linear U-shaped relationship between the value added content of a firm and its distance from final consumption. Tasks at the early and late stages of the supply chains generate higher value added, possibly due to a higher knowledge-intensity, after controlling for firm heterogeneity. Importantly, our work shows that it is possible to exploit firm-level databases for an empirical microfoundation of value generation, which is useful for understanding the possibly unequal benefits of participating in global value chains.
date: 2018
date_type: published
publication: Economics Letters
volume: 164
publisher: Elsevier
pagerange: 38-42
id_number: doi:10.1016/j.econlet.2017.12.038
refereed: TRUE
issn: 01651765
official_url: http://doi.org/10.1016/j.econlet.2017.12.038
citation:   Rungi, Armando and Del Prete, Davide  The smile curve at the firm level: Where value is added along supply chains.  Economics Letters, 164.  pp. 38-42.  ISSN 01651765      (2018)