Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/322580 
Year of Publication: 
2025
Series/Report no.: 
ETLA Working Papers No. 128
Publisher: 
The Research Institute of the Finnish Economy (ETLA), Helsinki
Abstract: 
We examine value chain productivity within the EU15 from 1995 to 2017; a period marked by growth and its subsequent slowdown following the 2008 Financial Crisis. Using data on global value chains from the new OECD Inter-Country Input-Output Tables and KLEMS data, we construct a measure of total factor productivity (TFP) of value chains, indexed by their final producer industry.
Subjects: 
Global value chains
Intangibles
Productivity
Globalization
JEL: 
F60
O47
L16
O14
E22
Document Type: 
Working Paper

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