Servicification of manufacturing in global value chains : how services trade and foreign direct investment shape export quality and volume

Stemberger, Jakob (avtor), Zajc Kejžar, Katja (avtor)

This study examines the role of services trade and foreign direct investment (FDI) in shaping export performance among manufacturing firms participating in global value chains. Using firm-product-destination level panel data for Slovenia (2008–2020), the analysis investigates whether servicification—the growing integration of services into manufacturing—enhances firms’ export quality and export volume. The findings reveal that services imports at the destination level significantly enhance export quality, particularly for consumer and intermediate goods, while services exports positively influence export volumes, suggesting strong complementarities between goods and services trade. Outward FDI is a key driver of both higher export quality and volume, while inward FDI has mixed effects, benefiting quality but occasionally reducing export volumes. These results highlight the critical role of services trade and FDI in global value chain upgrading and suggest that policies promoting servicification and strategic international investments can enhance firms’ competitiveness in global markets.

• Jezik: Angleški jezik
• Ključne besede: services, value chain, foreign direct investments, exports, services trade, global value chains (GVCs), export quality and volume, servicification, foreign direct investment (FDI)
• Vrsta gradiva: Članek v reviji
• Tipologija: 1.01 - Izvirni znanstveni članek
• Organizacija: EF - Ekonomska fakulteta
• Status publikacije: Objavljeno
• Različica publikacije: Objavljena publikacija
• Leto izida: 2025
• Št. strani: Str. 160-174
• Številčenje: Vol. 27, iss. 3, article no. 3
• PID: 20.500.12556/RUL-173292
• UDK: 339.5
• ISSN pri članku: 2335-4216
• DOI: 10.15458/2335-4216.1358
• COBISS.SI-ID: 248434947
• Datum objave v RUL: 15.09.2025

Gradivo je del revije

• Naslov: Economic and business review
• Založnik: Univerza v Ljubljani, Ekonomska fakulteta
• ISSN: 2335-4216
• COBISS.SI-ID: 268649216

Licence

• Licenca: CC BY 4.0, Creative Commons Priznanje avtorstva 4.0 Mednarodna
• Povezava: http://creativecommons.org/licenses/by/4.0/deed.sl
• Opis: To je standardna licenca Creative Commons, ki daje uporabnikom največ možnosti za nadaljnjo uporabo dela, pri čemer morajo navesti avtorja.

Sekundarni jezik

• Jezik: Slovenski jezik
• Ključne besede: storitve, veriga vrednosti, neposredne tuje investicije, izvoz

Projekti

• Financer: ARIS - Javna agencija za znanstvenoraziskovalno in inovacijsko dejavnost Republike Slovenije
• Številka projekta: P5-0117-2018
• Naslov: Trajnostna konkurenčnost slovenskega gospodarstva v evropskem in globalnem okviru