Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/154194
Authors: 
Amador, João
Cappariello, Rita
Stehrer, Robert
Year of Publication: 
2015
Series/Report no.: 
ECB Working Paper 1761
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.
Subjects: 
euro area
global value chains
International trade
JEL: 
F1
F14
F15
ISBN: 
978-92-899-1574-8
Document Type: 
Working Paper

Files in This Item:
File
Size
513.53 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.