NDLI: Value Added in Motion: Determinants of Value Added Location within the EU

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Value Added in Motion: Determinants of Value Added Location within the EU

Content Provider	Scilit
Author	Fontagne, Lionel Santoni, Gianluca
Copyright Year	2017
Description	Journal: SSRN Electronic Journal In this paper we approach the determinants of value added location across European countries, from the recent developments to the 2035 horizon. In the first part of the paper, using detailed trade data, we show how competitiveness, demand and export composition have shaped the market shares of European countries, hence the location of production in Europe. Variance and covariance analysis point to the specificity of two countries: the overall market share development seems to be significantly affected by aggregate demand conditions in Germany and Italy. We then turn to trade in value added and observe that bigger countries tend to report a higher share of domestic value added because they can count on more efficient national value chains or a higher diversity of goods upstream. Interestingly, such evidence does not apply to Germany, or Poland, which exhibit a more dynamic insertion in international value chains. In the second part of the paper, we present the main prospects for the allocation of labour (i.e. migration), value added and the macro-economic effects of energy prices across European countries up to year 2035. The projections presented in the paper aim to summarize the main results obtained by other researchers within the "Value Added in Motion (VAM)" project.
Related Links	https://dagliano.unimi.it/wp-content/uploads/2017/03/WP2017_424.pdf https://papers.ssrn.com/sol3/Delivery.cfm?abstractid=3044518
ISSN	10914358
e-ISSN	15565068
DOI	10.2139/ssrn.3044518
Journal	SSRN Electronic Journal
Language	English
Publisher	Elsevier BV
Publisher Date	2017-01-01
Access Restriction	Open
Subject Keyword	Journal: SSRN Electronic Journal Social Sciences, Interdisciplinary European Countries Value Added
Content Type	Text
Resource Type	Article
Subject	Public Health, Environmental and Occupational Health Psychiatry and Mental Health

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