Up or down the value chain? The comparative analysis of the GVC position of the economies of the new EU member states
The pattern of trade of the Central and Eastern European countries has been changing since the beginning of the economic transition in the early 1990s. By the end of the century this process was additionally strengthened by their integration with the EU and overlapped with the development of global value chains (GVC) spanning across Europe with which the new member states (NMS) have become increasingly integrated. In this paper, we shed lights on these changes by analyzing the position of the NMS within the global value chains. We employ the upstreamness measure proposed by Antras et al. 2012 and use the World Input-Output Database. Although we observe a global increasing trend in the upstreamness of all countries, we find that the NMS have in many cases gone against this trend while converging in their production structure within their group and with the EU-15. This convergence is mostly present in Czech Republic, Hungary, Poland and Slovakia where the level of upstreamness in the most important exporting sectors was close to that of Germany by the end of the analyzed period 1995-2011.
|Date of creation:||2016|
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- Pol Antras & Davin Chor & Thibault Fally & Russell Hillberry, 2012.
"Measuring the Upstreamness of Production and Trade Flows,"
American Economic Review,
American Economic Association, vol. 102(3), pages 412-416, May.
- Antràs, Pol & Chor, Davin & Fally, Thibault & Hillberry, Russell, 2012. "Measuring the Upstreamness of Production and Trade Flows," CEPR Discussion Papers 8839, C.E.P.R. Discussion Papers.
- Pol Antràs & Davin Chor & Thibault Fally & Russell Hillberry, 2012. "Measuring the Upstreamness of Production and Trade Flows," NBER Working Papers 17819, National Bureau of Economic Research, Inc.
- di Mauro, Filippo & Ottaviano, Gianmarco I.P. & Vicard, Vincent & Altomonte, Carlo & Rungi, Armando, 2012.
"Global value chains during the great trade collapse: a bullwhip effect?,"
Working Paper Series
1412, European Central Bank.
- Altomonte, C. & Di Mauro, F. & Ottaviano, G. & Rungi, A. & Vicard, V., 2012. "Global Value Chains during the Great Trade Collapse: A Bullwhip Effect?," Working papers 364, Banque de France.
- Carlo Altomonte & Filippo Di Mauro & Gianmarco I. P. Ottaviano & Armando Rungi & Vincent Vicard, 2012. "Global Value Chains During the Great Trade Collapse: A Bullwhip Effect?," CEP Discussion Papers dp1131, Centre for Economic Performance, LSE.
- João Amador & Rita Cappariello & Robert Stehrer, 2015.
"Global Value Chains: A View from the Euro Area,"
Asian Economic Journal,
East Asian Economic Association, vol. 29(2), pages 99-120, June.
- João Amador & Rita Cappariello & Robert Stehrer, 2014. "Global Value Chains: A View From the Euro Area," Working Papers w201412, Banco de Portugal, Economics and Research Department.
- Amador, João & Stehrer, Robert & Cappariello, Rita, 2015. "Global value chains: a view from the euro area," Working Paper Series 1761, European Central Bank.
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