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The impact of US-China Trade Conflict on Global Value Chains: Considering Heterogeneous Firms

Research Project

Project/Area Number 20K01674
Research Category

Grant-in-Aid for Scientific Research (C)

Allocation TypeMulti-year Fund
Section一般
Review Section Basic Section 07040:Economic policy-related
Research InstitutionInstitute of Developing Economies, Japan External Trade Organization

Principal Investigator

Meng Bo  独立行政法人日本貿易振興機構アジア経済研究所, 開発研究センター, 主任調査研究員 (70450541)

Co-Investigator(Kenkyū-buntansha) 安藤 朝夫  東北大学, 情報科学研究科, 名誉教授 (80159524)
宇野 公子  学習院女子大学, 国際文化交流学部, 客員研究員 (80558106)
薛 進軍  名古屋大学, 経済学研究科, 特任教授 (40262399)
Project Period (FY) 2020-04-01 – 2024-03-31
Project Status Completed (Fiscal Year 2023)
Budget Amount *help
¥4,160,000 (Direct Cost: ¥3,200,000、Indirect Cost: ¥960,000)
Fiscal Year 2022: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2021: ¥1,430,000 (Direct Cost: ¥1,100,000、Indirect Cost: ¥330,000)
Fiscal Year 2020: ¥1,820,000 (Direct Cost: ¥1,400,000、Indirect Cost: ¥420,000)
Keywordsグローバルバリューチェーン / 付加価値 / 米中貿易摩擦 / 多国籍企業 / 生産ネットワーク / 環境産業連関分析 / 要素所得貿易 / 付加価値貿易 / 米中貿易戦 / 企業の異質性 / 産業連関 / 応用一般均衡 / 企業異質性 / 二酸化炭素排出 / ネットワーク分析
Outline of Research at the Start

最近の米中貿易摩擦の本質はモノ・ヒト・カネ・情報の流れを「価値の流れ」としてとらえるGVC上の支配領域をめぐる米中間の争いである。そのインパクトは1980年代の日米貿易摩擦とは全く次元が異なり、中間財貿易を通じて進化してきたGVCに関与するすべての利益関係者が巻き込まれることから、長期間・大規模・広範囲・多分野に及ぶものとなる。本研究はGVCの主役である多国籍企業の活動を明示的に考慮したCGEモデル・ICIOモデル・計量モデルを用いて、米中貿易摩擦の所得・貿易・雇用・環境に及ぶ多面的影響を分析し、米中のみではなく、日本のような第三国の問題意識をも踏まえた形での政策指針を導こうとするものである。

Outline of Final Research Achievements

1) We investigated the underlying geopolitical logic driving the U.S.-China trade war, focusing on Global Value Chains (GVCs). Our findings were published in a Japanese journal. 2) We employed GVC-based CGE models and network tools to analyze and visualize the potential effects of the U.S.-China trade war. Our results were cited in the 2021 and 2023 GVC Development Report published by WTO. 3) We examined employment opportunities within the U.S.-China GVCs, considering gravity-based determinants. Additionally, we analyzed environmental responsibilities along GVCs with a focus on the US and China explicitly considering the difference of production functions between local firms and multinationals. Our research outcomes were published in journals such as One Earth, Ecological Economics, etc..4) We developed large scale time series input-output tables for Chinese provinces, incorporating information on firm heterogeneity. These tables were published in Nature’s Scientific Data.

Academic Significance and Societal Importance of the Research Achievements

学術的意義:1)GVCに内包される価値の創造・移転・分配を重視した新型CGEモデルを開発し、米中貿易戦の影響をネットワークレベルでの可視化を可能にした。2)地場企業と多国籍企業のコントロールパワーの相違を明示的にGVC分析フレームワークに導入することで、付加価値貿易概念のアップグレード版である要素所得貿易概念の提示ができた。社会的意義:1)米中貿易戦の直接的な当事者のみではなく、日本等のような第三国の問題意識をも踏まえた形での政策指針や国際ガバナンスの在り方を考察した。2)成果はWTO等が刊行したGVC報告書に引用されたほか、世銀・IMF・国連への宣伝活動も行い、広くFeedbackを受けた。

Report

(5 results)
  • 2023 Annual Research Report   Final Research Report ( PDF )
  • 2022 Research-status Report
  • 2021 Research-status Report
  • 2020 Research-status Report
  • Research Products

    (43 results)

All 2024 2023 2022 2021 2020

All Journal Article (18 results) (of which Int'l Joint Research: 11 results,  Peer Reviewed: 10 results,  Open Access: 8 results) Presentation (25 results) (of which Invited: 19 results)

  • [Journal Article] A comprehensive study on carbon emissions flows and key drivers within China's domestic and global value chains2024

    • Author(s)
      Wang Anjing、Liu Yu、Meng Bo、Lv Hao、Ye Ming
    • Journal Title

      Science of The Total Environment

      Volume: 916 Pages: 169894-169894

    • DOI

      10.1016/j.scitotenv.2024.169894

    • Related Report
      2023 Annual Research Report
    • Peer Reviewed
  • [Journal Article] Impact of manufacturing servitization on total factor productivity under global trade openness2024

    • Author(s)
      Wang Hongsen、Fang Shuanxi、Guo Qing、Meng Bo
    • Journal Title

      Review of Development Economics

      Volume: 1 Issue: 3 Pages: 1-25

    • DOI

      10.1111/rode.13087

    • Related Report
      2023 Annual Research Report
    • Peer Reviewed / Open Access
  • [Journal Article] Tracing the CO2 emissions embodied in Chinese mainland's exports with multinational enterprises: From source to sink2023

    • Author(s)
      Wang Anjing、Liu Yu、Meng Bo、Lv Hao
    • Journal Title

      Journal of Cleaner Production

      Volume: 414 Pages: 137430-137430

    • DOI

      10.1016/j.jclepro.2023.137430

    • Related Report
      2023 Annual Research Report
    • Peer Reviewed
  • [Journal Article] An interprovincial input?output database distinguishing firm ownership in China from 1997 to 20172023

    • Author(s)
      Chen Quanrun、Gao Yuning、Pan Chen、Xu Dingyi、Cai Kun、Guan Dabo、He Qi、Li Shantong、Liu Wanqi、Meng Bo、Wang Zhi、Wang Yang、Xu Xianchun、Yang Peihao、Zhang Meichen、Zhou Yuanqi
    • Journal Title

      Scientific Data

      Volume: 10 Issue: 1 Pages: 1-25

    • DOI

      10.1038/s41597-023-02183-2

    • Related Report
      2023 Annual Research Report
    • Peer Reviewed / Open Access
  • [Journal Article] Toward a Secure and Resilient Energy Supply Chain2023

    • Author(s)
      Jinjun XUE
    • Journal Title

      Global Value Chain Development Report 2023

      Volume: 4 Pages: 90-127

    • DOI

      10.30875/9789287075673

    • Related Report
      2023 Annual Research Report
    • Open Access
  • [Journal Article] Developing countries’ responsibilities for CO2 emissions in value chains are larger and growing faster than those of developed countries2023

    • Author(s)
      Meng Bo、Liu Yu、Gao Yuning、Li Meng、Wang Zhi、Xue Jinjun、Andrew Robbie、Feng Kuishuang、Qi Ye、Sun Yongping、Sun Huaping、Wang Keying
    • Journal Title

      One Earth

      Volume: 6 Issue: 2 Pages: 167-181

    • DOI

      10.1016/j.oneear.2023.01.006

    • Related Report
      2022 Research-status Report
    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] Tracing embodied energy use through global value chains: Channel decomposition and analysis of influential factors2023

    • Author(s)
      Li Meng、Gao Yuning、Meng Bo、Meng Jing
    • Journal Title

      Ecological Economics

      Volume: 208 Pages: 107766-107766

    • DOI

      10.1016/j.ecolecon.2023.107766

    • Related Report
      2022 Research-status Report
    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] Material footprints in global value chains with consideration of multinational enterprises2023

    • Author(s)
      Li Meng、Meng Bo、Gao Yuning、Guilhoto Joaquim J.M.、Wang Keying、Geng Yong
    • Journal Title

      Resources, Conservation and Recycling

      Volume: 190 Pages: 106828-106828

    • DOI

      10.1016/j.resconrec.2022.106828

    • Related Report
      2022 Research-status Report
    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] Job transfers along global value chains and their determinants2023

    • Author(s)
      Li Meng, Gao Yuning, Meng Bo, Uno Kimiko
    • Journal Title

      IDE Discussion Paper

      Volume: 893 Pages: 1-38

    • Related Report
      2022 Research-status Report
    • Open Access / Int'l Joint Research
  • [Journal Article] Making global value chains visible: Transnational corporations versus domestically owned firms2023

    • Author(s)
      Gao Yuning, Meng Bo, Suder Gabriele, Ye Jiabai
    • Journal Title

      Transnational corporations

      Volume: 30 Issue: 1 Pages: 1-48

    • DOI

      10.18356/2076099x-30-1-1

    • Related Report
      2022 Research-status Report
    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] The US-China Relations and the Impact of the US-China Trade War: Global Value Chains Analyses2022

    • Author(s)
      Meng Bo, Gao Yuning, Zhang Tao, Ye Jiabai
    • Journal Title

      IDE Discussion Paper

      Volume: 851 Pages: 1-27

    • Related Report
      2022 Research-status Report
    • Open Access / Int'l Joint Research
  • [Journal Article] Tracing CO2 emissions in global value chains: Multinationals vs. domestically-owned firms2022

    • Author(s)
      Li Meng, Meng Bo, Gao Yuning, Wang Zhi, Zhang Yaxiong, Sun Yongping
    • Journal Title

      Sustainable Global Supply Chains Discussion Papers

      Volume: 2 Pages: 1-18

    • Related Report
      2022 Research-status Report
    • Open Access / Int'l Joint Research
  • [Journal Article] Trade in factor income and the US-China trade balance2022

    • Author(s)
      Meng Bo、Gao Yuning、Ye Jiabai、Zhang Meichen、Xing Yuqing
    • Journal Title

      China Economic Review

      Volume: 73 Pages: 101792-101792

    • DOI

      10.1016/j.chieco.2022.101792

    • Related Report
      2021 Research-status Report
    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] Who dominates global value chains? multinationals vs domestic firms2021

    • Author(s)
      Suder Gabriele, Meng Bo, Gao Yuning, Ye Jiabai
    • Journal Title

      IDE Discussion Paper

      Volume: 825 Pages: 1-30

    • Related Report
      2021 Research-status Report
    • Open Access / Int'l Joint Research
  • [Journal Article] Trade in factor income and the US-China trade balance2021

    • Author(s)
      Meng Bo、Gao Yuning、Ye Jiabai、Zhang Meichen、Xing Yuqing
    • Journal Title

      IDE Discussion Paper

      Volume: 819 Pages: 1-28

    • Related Report
      2021 Research-status Report
    • Open Access / Int'l Joint Research
  • [Journal Article] Drivers of fluctuating embodied carbon emissions in international services trade2021

    • Author(s)
      Huo Jingwen、Meng Jing、Zhang Zengkai、Gao Yuning、Zheng Heran、Coffman D'Maris、Xue Jinjun、Li Yuan、Guan Dabo
    • Journal Title

      One Earth

      Volume: 4 Issue: 9 Pages: 1322-1332

    • DOI

      10.1016/j.oneear.2021.08.011

    • Related Report
      2021 Research-status Report
    • Peer Reviewed / Int'l Joint Research
  • [Journal Article] ポストコロナ時代の米中関係と日本に求められる政策対応―グローバル・バリュー・チェーンの視点から(上篇)2020

    • Author(s)
      孟渤
    • Journal Title

      東京財団政策研究所『論考』

      Volume: ID3499 Pages: 1-5

    • Related Report
      2020 Research-status Report
  • [Journal Article] ポストコロナ時代の米中関係と日本に求められる政策対応―グローバル・バリュー・チェーンの視点から(下篇)2020

    • Author(s)
      孟渤
    • Journal Title

      東京財団政策研究所『論考』

      Volume: ID3501 Pages: 1-4

    • Related Report
      2020 Research-status Report
  • [Presentation] A ‘Carbon-Added’ Tax Helps Better Share the Responsibility for Climate Change along Global Value Chains2024

    • Author(s)
      Asao ANDO
    • Organizer
      世銀ーIMF Global Value Chains研究に関する専門家意見交換会
    • Related Report
      2023 Annual Research Report
  • [Presentation] GVCs Induce Exposure to Extreme Heat at Workplaces in Low-Income Countries2024

    • Author(s)
      Kimiko UNO
    • Organizer
      国際労働機構グローバルバリューチェーン研究専門家意見交換会
    • Related Report
      2023 Annual Research Report
  • [Presentation] Geopolitics and future trajectory of GVCs2023

    • Author(s)
      Jinjun XUE
    • Organizer
      WTO Global Value Chain Development Report 2023 Chapter Authors’ Workshop
    • Related Report
      2023 Annual Research Report
    • Invited
  • [Presentation] Toward a Secure and Resilient Energy Supply Chain2023

    • Author(s)
      Jinjun XUE
    • Organizer
      WTO Global Value Chain Development Report 2023 Launch Symposium
    • Related Report
      2023 Annual Research Report
    • Invited
  • [Presentation] Trade in Factor Income via Global Value Chains: The US vs China and Multinationals vs Domestic Firms2023

    • Author(s)
      Bo MENG
    • Organizer
      Baichuan Forum 2023-China's Opening-up and International Political Economy: Theory and Practice
    • Related Report
      2023 Annual Research Report
    • Invited
  • [Presentation] Trade in factor income and climate change responsibility2023

    • Author(s)
      Bo MENG
    • Organizer
      Chinese Economists Club (NGO)セミナー
    • Related Report
      2023 Annual Research Report
    • Invited
  • [Presentation] GVCs in Turbulent Times: Some Empirical Analyses2023

    • Author(s)
      Bo MENG
    • Organizer
      ASEAN+3 Macroeconomic Research Office (AMRO)経済専門家会合
    • Related Report
      2023 Annual Research Report
    • Invited
  • [Presentation] Making Global Value Chains Visible:Trade in Factor-Income and Its Applications2022

    • Author(s)
      Meng Bo
    • Organizer
      Global Value-Chain Training and Research Workshop
    • Related Report
      2022 Research-status Report
    • Invited
  • [Presentation] グローバルバリューチェーンからみる米中競合関係2022

    • Author(s)
      孟渤
    • Organizer
      中国社会保障基金会
    • Related Report
      2022 Research-status Report
    • Invited
  • [Presentation] 米中の地政学的競合関係からみる人民元国際化2022

    • Author(s)
      孟渤
    • Organizer
      公益財団法人東京財団政策研究所
    • Related Report
      2022 Research-status Report
    • Invited
  • [Presentation] Global Value Chains and International Labor Transfers2022

    • Author(s)
      宇野公子
    • Organizer
      IDE Advanced School GVC seminar
    • Related Report
      2022 Research-status Report
    • Invited
  • [Presentation] Firm’s position in global value chains and its impact on pollutant emissions: evidence from China’s manufacturing firms2022

    • Author(s)
      薛進軍
    • Organizer
      WTO Global Value Chain Development Report 2023 International Workshop
    • Related Report
      2022 Research-status Report
    • Invited
  • [Presentation] The Impact of Russian-Ukrainian War on Energy Supply Chains and Geopolitics2022

    • Author(s)
      薛進軍
    • Organizer
      WTO Global Value Chain Development Report 2023 International Workshop
    • Related Report
      2022 Research-status Report
    • Invited
  • [Presentation] Trade in Factor-Income and the US-China Trade Balance2021

    • Author(s)
      孟渤
    • Organizer
      環太平洋産業連関分析学会第32回(2021年度)全国大会
    • Related Report
      2021 Research-status Report
  • [Presentation] Tracing CO2 Emissions in Global Value Chains: Multinationals vs. Domestically-owned Firms2021

    • Author(s)
      孟渤
    • Organizer
      GIGA international workshop on green supply chain
    • Related Report
      2021 Research-status Report
    • Invited
  • [Presentation] Risk and Economic Security Issues in Global Supply Chains2021

    • Author(s)
      薛進軍
    • Organizer
      第32回 ERC・キタン国際学術シンポジウム「ポストコロナ時代のグローバル・サプライチェーン再建」
    • Related Report
      2021 Research-status Report
  • [Presentation] A Flying Geese Model for the New Globalization and Future Energy2021

    • Author(s)
      薛進軍
    • Organizer
      Global Ph.D. Open Course: The Economics of Energy and Climate Change (sponsored by Malardalen University, Sweden)
    • Related Report
      2020 Research-status Report
  • [Presentation] Globalization, Liberalization, International Trade and Carbon Emissions2021

    • Author(s)
      薛進軍
    • Organizer
      Global Ph.D. Open Course: The Economics of Energy and Climate Change (sponsored by Malardalen University, Sweden)
    • Related Report
      2020 Research-status Report
  • [Presentation] Interdisciplinary Researches on Global Value Chains: Smile Curves, Network Topology and Climate Change2021

    • Author(s)
      孟渤
    • Organizer
      Global Ph.D. Open Course: The Economics of Energy and Climate Change (sponsored by Malardalen University, Sweden)
    • Related Report
      2020 Research-status Report
    • Invited
  • [Presentation] Trade in Factor-Income and the US-China Trade Balance2020

    • Author(s)
      孟渤
    • Organizer
      Chapter Authors' Workshop for the Global Value Chain Development Report 2020
    • Related Report
      2020 Research-status Report
    • Invited
  • [Presentation] The Topology of Global Value Chains2020

    • Author(s)
      孟渤
    • Organizer
      APEC supply chain resilience workshop
    • Related Report
      2020 Research-status Report
    • Invited
  • [Presentation] Gains, Positions, Interdependency of Countries in Global Value Chains2020

    • Author(s)
      孟渤
    • Organizer
      Sixth meeting of the OECD Expert Group on Extended Supply and Use Tables
    • Related Report
      2020 Research-status Report
    • Invited
  • [Presentation] IOT with Firm Heterogeneity: Some Cases for China and Japan2020

    • Author(s)
      孟渤
    • Organizer
      Fourth OECD Regional-Global TiVA Initiatives Expert Meeting
    • Related Report
      2020 Research-status Report
    • Invited
  • [Presentation] コロナ後の世界経済と変容するグローバル・バリューチェーン(GVC)2020

    • Author(s)
      孟渤
    • Organizer
      国際学術シンポジウム「ポストコロナ時代の日中経済協力」
    • Related Report
      2020 Research-status Report
    • Invited
  • [Presentation] グローバルバリューチェーン:多国籍企業対国内企業2020

    • Author(s)
      孟渤
    • Organizer
      名古屋大学課題設定型ワークショップ発表
    • Related Report
      2020 Research-status Report
    • Invited

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Published: 2020-04-28   Modified: 2025-01-30  

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