International Journal of Business and Economics Volume 24, No. 2 September, 2025

Global Value Chain Integration and Export Performance in ASEAN

Parinyakorn Paengsri

Sustainability and Entrepreneurship Research Center, School of Management, Mae Fah Luang University

Abstract

This study examines the impact of Global Value Chain (GVC) participation on export performance in ASEAN economies from 2000 to 2020 using panel data analysis. GVC participation reflects the extent to which countries are integrated into international production networks, either by importing intermediate goods for export production (backward participation) or by exporting intermediate goods used in other countries’ exports (forward participation). The empirical analysis employs fixed effects estimation using OECD TiVA indicators and macroeconomic controls from the World Bank. The results show that overall GVC participation is positively and significantly associated with export performance. This implies that greater integration into global production networks—through any form of value-added contribution—is linked to stronger export outcomes in the region. When disaggregated, only backward participation exhibits a statistically significant and positive relationship with exports. This suggests that ASEAN countries derive greater export gains by integrating into downstream stages of global production, where foreign inputs are used to produce goods destined for international markets.

Keywords：GVCs, ASEAN, Export Performance

JEL Classifications：C23, F14, F15, F61

BACK