Value chains and the great recession: Evidence from Italian and German firms

Antonio Accetturo and Anna Giunta

International Economics, 2018, issue 153, 55-68

Abstract: Global Value Chains (GVCs) were one of the main transmission mechanisms of the 2009 great trade collapse. Our paper describes the effects of the crisis from a country-comparative perspective (Germany and Italy) and at firm level. There are two main conclusions: i) supplier firms were hit by the crisis more than final firms; ii) firms’ position in GVCs and their strategies explain part of the performance gap between Italian and German firms.

Keywords: Global Value Chains; Germany; Italy; Industrial firms; Firms’ organization; World trade (search for similar items in EconPapers)
JEL-codes: D23 F14 F23 L22 (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
https://www.sciencedirect.com/science/article/pii/S2110701716301238 (text/html)

Related works:
Journal Article: Value chains and the great recession: Evidence from Italian and German firms (2018)
Working Paper: Value Chains and the Great Recession: Evidence from Italian and German Firms (2016)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cii:cepiie:2018-q1-153-6

Access Statistics for this article

More articles in International Economics from CEPII research center Contact information at EDIRC.
Bibliographic data for series maintained by ().