Amador, João; Cappariello, Rita; Stehrer, Robert - Banco de Portugal - 2014
This paper describes the main features of Global Value Chains (GVCs) in the euro area taken as a whole and compares … with other large trade players like the US, China and Japan. In addition, the perspective of individual euro area countries … is considered, with a focus on intra euro area linkages. The analysis relies primarily on the concept of foreign value …