The Determinants of Global Value Chain Participation in Developing Seafood-Exporting Countries

Global value chain (GVC) participation has played a significant role in boosting the trade gains of both developed and developing seafood-exporting countries over past three decades. In addition, extent GVC become most important platform for addressing from to ensure that their enhances economic growth. Recent studies on have highlighted importance domestic institutions. However, literature is silent quality institutions–GVC nexus. This paper aims investigate determinants effect institutional governance countries’ indices. Using Hausman–Taylor (HT) estimator system generalised method moments (GMM) dynamic panel data methodology examine seafood export 32 2009 2018, we find potential drives backward participation, while low forward might not only lead lower trade, but also limit supply primary products with little addition. constrains participation. Overall results indicate matters countries.