Connectivity and interactions between global value chains and foreign direct investment networks

Client/Funding Institution

Anniversary Fund of the Oesterreichische Nationalbank


The research project used a mix of panel data econometric modelling and innovative complex network analysis techniques to study the topological properties, dynamics and interactions between the global value chain and the global foreign direct investment networks at aggregate and sectoral levels. The project analysed the mutual impacts between FDI and GVC participation, analysed the relative importance of countries and sectors from the perspective of multilateral connectivity and relatedness between sectors in general, as well as zoomed in on the digital cluster and economic integration and connectivity dynamics involving the EU and the CESEE countries in policy-oriented case studies. Inter alia the project expanded the country and time coverage of the world input-output database.


May 2020 - July 2021

wiiw team Leader

Amat Adarov

wiiw Staff

Birgit Buschbom, Oliver Reiter, Monika Schwarzhappel, Robert Stehrer, David Zenz


Keywords: global value chains, foreign direct investment, economic networks, cross-border connectivity, international trade, world input-output data

Countries covered: non specific

Research Areas: Macroeconomic Analysis and Policy, International Trade, Competitiveness and FDI, Sectoral studies