Global value chain in services: The case of tourism in Japan

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Abstract

This paper assesses the role of global value chains (GVCs) in services and identifies the sector’s contributions towards the expansion of the Japanese economy. Specifically, the analysis focuses on the tourism sector in Japan, which has been witnessing rapid growth in recent years. Tourism is also a highly tradeable sector that, directly or indirectly, affects various services industries like transport, retail, wholesale, restaurant, agricultural production, inter alia. In order to better understand the sector, the paper develops its GVC map and estimates the ripple effects of the inbound tourism boom on Japan’s economic development using an Input-Output (I-O) table.

Original languageEnglish
Pages (from-to)183-203
Number of pages21
JournalJournal of Southeast Asian Economies
Volume36
Issue number2
DOIs
Publication statusPublished - 2019 Jan 1
Externally publishedYes

Keywords

  • Global Value Chains (GVCs)
  • Japan
  • Services
  • Tourism

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics
  • Political Science and International Relations

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