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The contest for value capture: the apparel industry in perspective

In: The Contest for Value in Global Value Chains

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Abstract

Chapter 7 compares value distribution in the apparel supply chain with those in several manufacturing global supply chains and enables us identify the industrial and supply chain characteristics that determine the outcomes. Market structure influence participants' ability to erect entry barriers and shape the relationships among participants and their ability to claim value. Production processes and factors intensities determine market power and premium for specialization. The analyses show considerable variations of these dimensions across supply chains and shows their association with varying levels of value distribution among claimants. This analysis demonstrates the interplay between the characteristics of the participants engaged in the contest for value and the type of industrial structure and market characteristics of their industry and GVCs that determines the power they have claims and capture GVC value.

Suggested Citation

  • ., 2021. "The contest for value capture: the apparel industry in perspective," Chapters, in: The Contest for Value in Global Value Chains, chapter 7, pages 89-102, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:20514_7
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