IDEAS home Printed from https://ideas.repec.org/a/spr/epolin/v52y2025i3d10.1007_s40812-025-00361-4.html
   My bibliography  Save this article

Nearshoring and farsharing in Europe within the global economy: regional trends, structural components and sectoral patterns

Author

Listed:
  • Filippo Bontadini

    (LUISS, Libera Università Internazionale degli Studi Sociali Guido Carli
    University of Sussex)

  • Valentina Meliciani

    (LUISS, Libera Università Internazionale degli Studi Sociali Guido Carli)

  • Maria Savona

    (LUISS, Libera Università Internazionale degli Studi Sociali Guido Carli
    University of Sussex
    Centre for Inclusive Trade Policy (CITP), University of Sussex)

  • Ariel Luis Wirkierman

    (Dipartimento di Giurisprudenza, Università degli Studi di Macerata)

Abstract

This paper documents recent trends in the geographical distribution of value added across Global Value Chains (GVCs). By combining the industry (i.e., source) and value chain (i.e., destination) analytical perspectives, we find two concurrent processes setting Europe’s participation to GVCs apart from other two macro-regions, Asia-Pacific and the Americas. European value chains have recently increased the share of value added they import from within Europe—which amounts to nearshoring—while European country-industries have, from a long-period perspective, increased the share of value added they provide to extra-European value chains—which we refer to as farsharing. We study these trends by decomposing macro-regional dynamics into structural components, zooming in on Europe to highlight country- and sector-level patterns. Crucially, if global final demand decelerates, the positive intra-European spillovers due to regional backward linkages (nearshoring-induced effects) might not become as effective as they could potentially be, given that activating European production increasingly requires extra-European final demand (the farsharing constraint).

Suggested Citation

  • Filippo Bontadini & Valentina Meliciani & Maria Savona & Ariel Luis Wirkierman, 2025. "Nearshoring and farsharing in Europe within the global economy: regional trends, structural components and sectoral patterns," Economia e Politica Industriale: Journal of Industrial and Business Economics, Springer;Associazione Amici di Economia e Politica Industriale, vol. 52(3), pages 559-597, September.
    • Handle: RePEc:spr:epolin:v:52:y:2025:i:3:d:10.1007_s40812-025-00361-4
    DOI: 10.1007/s40812-025-00361-4
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s40812-025-00361-4
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s40812-025-00361-4?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to

    for a different version of it.

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:epolin:v:52:y:2025:i:3:d:10.1007_s40812-025-00361-4. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.