A dynamic model of global value network governance

Galanis, Giorgos; and Kumar, Ashok. 2021. A dynamic model of global value network governance. Environment and Planning A: Economy and Space, 53(1), pp. 53-72. ISSN 0308-518X [Article]
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This paper presents a novel understanding of the changing governance structures in global supply chains. Motivated by the global garment sector, we develop a geographical political economy dynamic model that reflects the interaction between bargaining power and distribution of value among buyer and producer firms. We find that the interplay between these two forces, in combination with the spatial specificities of global production and consolidation, can drive governance structures towards a more symbiotic position.
Item Type Article
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This paper was written in part with the generous support of the Leverhulme Trust.
Keywords Disequilibrium dynamics, global production networks, global value chains, monopsony power, uneven development
Departments, Centres and Research Units Institute of Management Studies
Date Deposited 04 Jun 2020 11:25
Last Modified 09 Jun 2021 16:33

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