Export Performance in Europe: What Do We Know from Supply Links?

March 7, 2013

Preview Citation

Format: Chicago

Jesmin Rahman, and Tianli Zhao. Export Performance in Europe: What Do We Know from Supply Links?, (USA: International Monetary Fund, 2013) accessed November 23, 2024

Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary

One of the most important recent developments in international trade is the increasing interconnectedness of export production through a vertical trading chain network that streches across many countries, with each country specializing in particular stages of a good’s production. Using value added trade statistics, this paper tries to dissect and reshape understanding of European exports: where exports values are created, the role of vertical supply links in export growth, what is contributing to the growth in supply links, and how comparative advantages of countries are affected by supply links over time. Our analysis finds strong role of supply links in cross-country export performance in Europe, where these links between countries grew based on physical proximity, cost differential and similarity in export structure.

Subject: Comparative advantage, Economic sectors, Export performance, Exports, International trade, Manufacturing, Service exports

Keywords: Comparative Advantage, Europe, Export orientation, Export performance, Export performance, Export supply network, Exports, Manufacturing, Service exports, Supply Link, VA export, Value Added, Vertical Integration, WP

Publication Details

Pages:

52
Volume:

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DOI:

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Issue:

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Series:

Working Paper No. 2013/062
Stock No:

WPIEA2013062
ISBN:

9781475516555
ISSN:

1018-5941

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