?
Глобальные цепочки создания стоимости в электронной промышленности: региональные изменения после кризиса 2008 г.
The objective of the research is to identify the specifics of the global value chains (GVCs) development in the world electronics industry after the 2008 financial crisis. Since GVCs are mainly organized regionally rather than globally, this paper analyses key indicators of GVC participation of the largest electronics exporters in three regions (Europe, North America, and Asia). The methodology is based on the analysis of data extracted from the OECD – WTO Trade in Value Added Database (2018 edition). The conclusions drawn from the analysis highlight several tendencies, including strengthening of the regional character of the value chains and a decrease in the average annual growth rate of gross exports. This paper also concludes that countries increased the share of domestic value added content of gross exports after the crisis, becoming accordingly less dependent on foreign exports. In most of the reviewed countries, the upward participation index declined after the crisis. Thus, the stated above trends indicate a post-crisis GVC reduction. The paper also reveals the features of the selected countries' participation in the electronics production chains and suggests that countries in the same region show similar patterns of GVC participation. The results obtained in the study show that the Asian region plays a key role in the post-crisis transformation of the value chains in the electronics industry. The study can help Russian manufacturers to determine their target position in the global electronics industry. The results of the study are also applicable in providing policymakers with tools for building a strategy for the industry development