global value chains

Publication date: 30 Apr 2020 | Publication type: National Institute Economic Review | Theme: Macroeconomics | External authors: Marschinski, R, Martínez-Turégano, D | JEL classification: F14, L16, L60 | Journal: National Institute Economic Review Issue 252 | Publisher: Cambridge University Press
The EU´s falling share in global manufacturing has fuelled concerns about an overall loss of EU competitiveness, in particular vis-à-vis China. We analyse the empirical evidence underlying these concerns by applying a newly developed decomposition technique to global input-output data spanning the...
Publication date: 30 Apr 2020 | Publication type: National Institute Economic Review | Theme: Macroeconomics | External authors: Fritsch, M, Matthes, J | JEL classification: F14, F15, N14 | Journal: National Institute Economic Review Issue 252 | Publisher: Cambridge University Press
This article first introduces the concept, the rationale, the causes and the genesis of global value chains from a worldwide perspective in the form of a brief overview. In the second empirical section, a closer look is taken at the intermediate trade integration in the EU. In particular, the...
Publication date: 24 Jul 2019 | Publication type: National Institute Economic Review | External authors: Lemmers, O, Wong, K F | JEL classification: F14, F62, O52 | Journal: National Institute Economic Review Issue 249 | Publisher: Sage Publications, London
Global trade in the 21st century is characterised by complex value chains. Successful exporters usually rely on quality imports, and exported goods cross borders many times before reaching their final consumer. This poses challenges to economic measurement as well as policymaking because it becomes...