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Global value chains and growth: impacts and prospects for EU Member States
Client/Funding Institution
European Commission, DG Economic and Financial Affairs
Abstract
This study investigated the different degrees of international competitiveness and their correlation with the growth performance of individual European countries. In doing so, the internationalisation of countries and the respective comparative advantages were analysed on the basis of value added chains. The importance of certain specialisation patterns, technology intensities, regional and international integration, and offshoring strategies as drivers of productivity and economic growth is analysed, contributing to an explanation of the differing growth trajectories and structural developments within Europe.
Duration
August 2012 - March 2013
wiiw team Leader
wiiw Staff
Countries covered: EU27
Research Areas: International Trade, Competitiveness and FDI