Do global value chains and local capabilities matter for economic complexity in EU regions?

Ron Boschma (), Eduardo Hernández-Rodríguez, Andrea Morrison and Carlo Pietrobelli

No 2025-002, MERIT Working Papers from United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT)

Abstract: This paper combines insights from the literatures on Global Value Chains (GVC), Economic Complexity and Evolutionary Economic Geography to assess the role of GVC participation and regional capabilities in fostering economic complexity in EU NUTS-2 regions. Our results suggest there is no such thing as a common path towards economic complexity across EU regions. Low-income regions manage to benefit from both regional capabilities and GVC participation. In contrast, high-income regions rely more on their existing local capabilities rather than on GVC participation.

JEL-codes: B52 F23 O19 O33 R10 (search for similar items in EconPapers)
Date: 2025-01-29
New Economics Papers: this item is included in nep-eec, nep-geo, nep-int and nep-tid
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Related works:
Working Paper: Do global value chains and local capabilities matter for economic complexity in EU regions? (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:unm:unumer:2025002

DOI: 10.53330/BAGR7168

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