Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/283510 
Year of Publication: 
2024
Series/Report no.: 
WIFO Working Papers No. 670
Publisher: 
Austrian Institute of Economic Research (WIFO), Vienna
Abstract: 
Recent shocks to global value chains and geopolitical tensions have reignited the debate on domestic production of strategic goods and technologies. This paper proposes an analytical framework for identifying and prioritising activities and regions for potential reshoring policies combining methods from international, industrial and regional economics. Particularly, we assess import dependencies, potentials and risks for competitive domestic production, and evaluate the embeddedness of existing and potential production in cognitively and technologically related activities in a region. We highlight the relevance of this approach as a policy tool using industries manufacturing strategic products and regions in Austria as an example.
Subjects: 
Strategic products
reshoring
industrial policy
comparative advantage
import dependency
skill-relatedness
JEL: 
F14
F60
L52
L60
R12
R58
Document Type: 
Working Paper

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