Production and Trade of ICT from an EU Perspective

Amat Adarov, Dimitrios Exadaktylos, Mahdi Ghodsi, Robert Stehrer and Roman Stöllinger

No 456, wiiw Research Reports from The Vienna Institute for International Economic Studies, wiiw

Abstract: The competitiveness of industries and countries is shaped more and more by technological advancement in the production and use of information and communications technology (ICT). This report considers the supply side of ICT goods and services. It studies the drivers of ICT production location and trade across countries with a focus on the relative position of the EU. The analyses clearly indicate that the EU must step up its efforts to accelerate the shift towards digital production and strengthening the ICT sector that produces the required technologies and services. In addition, from a trade policy perspective, a harmonised set of standards and regulatory framework is to be aimed at to minimise mismatches in technical specifications and requirements. This will lead to the diffusion of positive externalities and should allow for a smooth operation of the global value chains in these products.

Keywords: information and communications technology; digitalisation; production patterns; trade patterns (search for similar items in EconPapers)
JEL-codes: F14 L11 L63 O33 (search for similar items in EconPapers)
Pages: 86 pages including 15 Tables and 39 Figures
Date: 2021-10
New Economics Papers: this item is included in nep-ict and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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