The effect of value chain importance on regional economic recovery

Zádor, Zsófia, Zhu, Zhen, Smith, Matthew and Gorgoni, Sara (2023) The effect of value chain importance on regional economic recovery. European Planning Studies. pp. 1-20. ISSN 0965-4313

Abstract

This paper investigates the link between value chain importance and economic growth for the EU24 regions between 2008-2018. It finds that relying more on GVCs worsened regional growth during the financial crisis, but led to higher growth in the long run. The results contribute to the literature on regional resilience and the public debate on the impact of shocks and the desirability of GVCs. Furthermore, by separately analysing the importance of global and regional value chains it contributes to the discussion on the effect of regionalisation and provides insights on how the re-configuring of value chains may affect regional growth.

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Official URL:	https://doi.org/10.1080/09654313.2023.2237537
Item Type:	Article
Disciplines:	Social Science > Economics
Depositing User:	Zsofia Zador
Date Deposited:	12 Oct 2023 08:39
Last Modified:	14 Nov 2024 14:28
URI:	https://nul.repository.guildhe.ac.uk/id/eprint/1060

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