How regional is the manufacturing value chain of the main European countries?

Claudio Di Berardino, Stefano D’Angelo, Martin Lábaj and Erika Majzlíková

Economics of Innovation and New Technology, 2025, vol. 34, issue 3, 349-366

Abstract: This study investigates the recent dynamics of deindustrialization and the shift toward regionalization in the manufacturing value chains within four major European economies: Germany, Spain, France, and Italy, during the decade 2010–2020. We provide new empirical evidence highlighting a nuanced picture of the manufacturing evolution, characterized by a slight decline in employment shares and an increase in value-added shares, suggesting a shift toward higher efficiency and a degree of reshoring of activities. The total amount of activity generated domestically increased slightly, suggesting reshoring over the last decade. The analysis underscores the growing importance of services offshoring over manufacturing, highlighting a strategic shift toward leveraging regional strengths and integration. The study contributes to the understanding of the evolving landscape of global value chains, regionalization, and the strategic responses of major European economies in the face of global shifts toward nearshoring and reshoring.

Date: 2025
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/10438599.2024.2342949 (text/html)
Access to full text is restricted to subscribers.

Related works:
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:taf:ecinnt:v:34:y:2025:i:3:p:349-366

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/GEIN20

DOI: 10.1080/10438599.2024.2342949

Access Statistics for this article

Economics of Innovation and New Technology is currently edited by Professor Cristiano Antonelli

More articles in Economics of Innovation and New Technology from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().