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

Robert Stehrer

wiiw Staff

Neil Foster-McGregor, Veronika Janyrova

Countries covered: EU27

Research Areas: International Trade, Competitiveness and FDI

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