Trade Tensions, Global Value Chains, and Spillovers: Insights for Europe
June 12, 2019
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Summary
Europe is deeply integrated into global value chains and recent trade tensions raise the question of how European economies would be affected by the introduction of tariffs or other trade barriers. This paper estimates the impact of trade shocks and growth spillovers using value added measures to better gauge the associated costs across European countries.
Subject: Exports, Financial sector policy and analysis, Global value chains, Globalization, International trade, Spillovers, Tariffs, Taxes, Trade balance
Keywords: Asia and Pacific, DP, DPPP, Europe, export loss, Exports, Global, Global value chains, gross export, Spillovers, Tariffs, Trade balance, trade diversion, trade exposure, trade flow, trade shock, value chain participation, value-added export
Pages:
77
Volume:
2019
DOI:
Issue:
009
Series:
Departmental Paper No. 2019/009
Stock No:
TTGVCSIEEA
ISBN:
9781498315135
ISSN:
2616-5333
