Vulnerability and resilience: crisis transmission channels for GVCs in COVID times

Amirah El-Haddad () and Chahir Zaki
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Amirah El-Haddad: German Institute of Development and Sustainability (IDOS), Cairo University and ERF

Economics Bulletin, 2023, vol. 43, issue 4, 1581 - 1592

Abstract: Firms that are part of GVCs are better protected from the transmission channels for the negative effects of COVID-19. They also show greater resilience and so better performance. There are nuances in the results depending on whether GVC affiliation is defined in a moderately lax or strict way. The results highlight the detrimental effect of the global trend toward inward looking protectionism.

Keywords: Global Value Chains (GVC); manufacturing; Egypt; COVID (search for similar items in EconPapers)
JEL-codes: F1 F5 (search for similar items in EconPapers)
Date: 2023-12-30
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