This article analyzes how value chains play a role in the political economy of agricultural and food policy by (1) discussing historical insights; (2) reviewing an emerging literature on political economy of trade policy and value chains and drawing implications for agricultural and food policy; (3) discussing market power issues with increasing concentration in agri-food value chains and its implications for government regulations; and (4) presenting a political economy case study of recent regulations that have explicitly targeted value chain structures in the agri-food sector: the EU reg

The global value chain framework has gained increasing prominence as a policy tool for resource-based industrialization. Focusing on synergies between the commodity-producing and related manufacturing and service sectors, value chain interventions assume that buyer-supplier linkages facilitate the upgrading of local industries. This study investigates these synergistic assumptions in the context of the Ivorian cashew industry.

This paper examines Japan's participation in global value chains (GVCs). To this end, we use plant-level data for Japan to split output in each industry in Japan's manufacturing sector into output for export or domestic sale and create an extended multi-country input-output table (MIOT). We then compute trade in value added (TiVA) indicators to examine the participation of Japanese manufacturing plants in GVCs. Our estimates suggest that Japan's forward participation in GVCs is lower than suggested by estimates computed from a traditional MIOT.

This paper aims to analyse the current position and potential for upgrading of the Philippines in the global value chain of information technology offshoring services. With its rapid growth in the last decade, the Philippines is characterized as strong in voice and is expanding in the non-voice and more complex services sectors.

The seminal work by Antras and Chor in 2013 predicted that, under incomplete-contracting environments, the optimal allocation of residual claim for firms participating in global production depends on the relative position at which the supplier enters the sequential production and on the demand elasticity faced by the final-good producer. Using data of Japanese value-added exports, this study empirically verifies this theoretical prediction through supportive evidence.