Are Global Value Chains Changing?

Jyrki Ali-Yrkkö, Johannes Hirvonen and Mika Pajarinen

No 135, ETLA Reports from The Research Institute of the Finnish Economy

Abstract: Abstract According to a company survey, global value chains are changing. Even though big changes were expected during the Covid period, the actual changes were quite small at the time. Instead, after the early 2022, more obvious change has already been in the sourcing of materials and parts. They are sourced from more countries than before. However, at least so far, at the aggregate level we do not observe that companies have directed their purchases to the home country more than before. In any case, the disruptions experienced in global value chains have shown that their functionality is no longer taken for granted.

Keywords: Value chain; Global; Globalization; Supply chain; Company; Imports; Change; GVC (search for similar items in EconPapers)
JEL-codes: F1 F14 F60 L23 (search for similar items in EconPapers)
Pages: 16 pages
Date: 2023-02-21
New Economics Papers: this item is included in nep-int
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.etla.fi/wp-content/uploads/ETLA-Raportit-Reports-135.pdf (application/pdf)

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:rif:report:135

Ordering information: This working paper can be ordered from
https://www.etla.fi/ ... oketjut-muuttumassa/

Access Statistics for this paper

More papers in ETLA Reports from The Research Institute of the Finnish Economy Contact information at EDIRC.
Bibliographic data for series maintained by Kaija Hyvönen-Rajecki ().