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Global Value Chains: A View From the Euro Area

João Amador (), Rita Cappariello () and Robert Stehrer

Working Papers from Banco de Portugal, Economics and Research Department

Abstract: This paper describes the main features of Global Value Chains (GVCs) in the euro area taken as a whole and compares with other large trade players like the US, China and Japan. In addition, the perspective of individual euro area countries is considered, with a focus on intra euro area linkages. The analysis relies primarily on the concept of foreign value added in exports, as a way to assess the pervasiveness of GVCs, it covers the period 2000-2011 and bases on the World Input-Output Database (WIOD). The paper finds that GVCs are important for the euro area as whole and they have rebounded after the great trade collapse. Moreover, there is a strong relevance of regional production linkages in Europe, with Germany playing a key role.

JEL-codes: F1 F14 F15 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-eec and nep-int
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16) Track citations by RSS feed

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https://www.bportugal.pt/sites/default/files/anexos/papers/wp201412.pdf

Related works:
Journal Article: Global Value Chains: A View from the Euro Area (2015) Downloads
Working Paper: Global value chains: a view from the euro area (2015) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ptu:wpaper:w201412

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