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 2139, Papers in Evolutionary Economic Geography (PEEG) from Utrecht University, Department of Human Geography and Spatial Planning, Group Economic Geography

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.

Keywords: Economic Complexity; Evolutionary Economic Geography; Global Value Chains; Relatedness; Economic Upgrading; EU regions (search for similar items in EconPapers)
JEL-codes: B52 F23 O19 O33 R10 (search for similar items in EconPapers)
Date: 2021-12, Revised 2021-12
New Economics Papers: this item is included in nep-eur, nep-geo, nep-hme, nep-int, nep-tid and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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http://econ.geo.uu.nl/peeg/peeg2139.pdf Version December 2021 (application/pdf)

Related works:
Working Paper: Do global value chains and local capabilities matter for economic complexity in EU regions? (2025)
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Persistent link: https://EconPapers.repec.org/RePEc:egu:wpaper:2139

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