Assessing regional production potential to strengthen the security of supply in strategic products

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: WIFO Working Papers ; No. 670

Classification and Topics

• Classification: Wirtschaft ; Empirical Studies of Trade ; Economic Impacts of Globalization: General ; Industrial Policy; Sectoral Planning Methods ; Industry Studies: Manufacturing: General ; Size and Spatial Distributions of Regional Economic Activity ; Regional Development Planning and Policy
• Subject: Strategic products ; reshoring ; industrial policy ; comparative advantage ; import dependency ; skill-relatedness

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Firgo, Matthias ; Gabelberger, Fabian ; Reinstaller, Andreas ; Wolfmayr, Yvonne
• Event: Veröffentlichung
• (who): Austrian Institute of Economic Research (WIFO)
• (where): Vienna
• (when): 2024

Further information

• Handle: http://hdl.handle.net/10419/283510
• Last update: 10.03.2025, 11:43 AM CET