ISSN 2979-8582 · Article No. 032
OHAKPUGWU LEONARD UGOCHUKWU: Institute Of International Trade And Development, University Of Port Harcourt, Nigeria
OBAYORI JOSEPH BIDEMI: Institute Of International Trade And Development, University Of Port Harcourt, Nigeria
The global economy has placed considerable emphasis on global value chains in recent decades. These practices entail the dispersion of production processes among various nations, which facilitates specialization and increases in efficiency. Continents and nations that intend to exploit on their comparative advantages have begun to participate in numerous segments of global value chains, which have become a defining characteristic of international trade. In lieu of this background, this study examined African contribution to global value chains and trade competitiveness in selected Anglophone countries between 2007 and 2025. The objectives of the study are to determine the effect of backward global value chain participation (GVC), logistics performance (LP), institutional quality (ISQ), energy reliability (ER) and firm capabilities (FC) on trade competitiveness (TC). The study used the panel cointegration and panel least square (Fixed Effect) as the estimation techniques. The findings based on the panel least square fixed effect results showed that, backward global value chain participation had positive effect on trade competitiveness. Also, logistics performance is positively related with trade competitiveness. The estimated result showed that, institution quality is negatively related with trade competitiveness in the selected Anglophone African countries. The estimated result showed that, energy reliability and firm capability are positively related with trade competitiveness in the selected Anglophone African countries. Thus, it was concluded that, to a large extent, global value chain positively contributed to increase in trade competitiveness in Anglophone African nations between 2007 and 2025. Based on the findings it was recommended amongst others that it is imperative that the government and policy makers establish a definitive national policy regarding the development of value chains, which should be seamlessly incorporated with strategies pertaining to national trade, industrial progress, and trade competitiveness.
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British Journal of Contemporary Research
Open Access · Peer Reviewed · Published by Bexford Publishing Ltd
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