Arbeitspapier
Global value chains: a view from the euro area
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.
- ISBN
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978-92-899-1574-8
- Sprache
-
Englisch
- Erschienen in
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Series: ECB Working Paper ; No. 1761
- Klassifikation
-
Wirtschaft
Empirical Studies of Trade
Economic Integration
- Thema
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euro area
global value chains
International trade
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Amador, João
Cappariello, Rita
Stehrer, Robert
- Ereignis
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Veröffentlichung
- (wer)
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European Central Bank (ECB)
- (wo)
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Frankfurt a. M.
- (wann)
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2015
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Amador, João
- Cappariello, Rita
- Stehrer, Robert
- European Central Bank (ECB)
Entstanden
- 2015