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In this study, we analyse Estonia’s position in global value chains using World Input-Output Data and firm-level data. We find that 69% of Estonia’s total exports are intermediate goods and services, exceeding the EU average (65%). Two-thirds of Estonian imports are intermediates. Our...
Persistent link: https://www.econbiz.de/10012037689
Supply security is threatened by technical, business, natural and policy shocks, as well as geopolitical tensions. Is there a rationale for policy intervention? If yes, what are efficient and effective measures that achieve de-risking? This article first explains why private incentives do not...
Persistent link: https://www.econbiz.de/10015047853
for China, and almost the same proportion goes to the United States. However, the combined final demand from EU-28 …
Persistent link: https://www.econbiz.de/10012037682
Die Rückverlagerung der Produktion nach Deutschland hätte enorme negative Folgen für die Wirtschaftskraft Deutschlands. Direkte staatliche Interventionen auf die Gestaltung von Lieferketten sollten grundsätzlich nur im Ausnahmefall stattfinden. Die internationale Beschaffung von Gütern und...
Persistent link: https://www.econbiz.de/10012882710
This volume was prepared by Inga Heiland while she was working at the Ifo Institute. It was completed in July 2016 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It comprises five chapters addressing one or more aspects of international trade and...
Persistent link: https://www.econbiz.de/10011698364
.9 billion to the US trade deficit with the People's Republic of China (PRC). Unprecedented globalization, well organized global …
Persistent link: https://www.econbiz.de/10010286165
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China's merchandise trade surplus has reached an all-time high and is likely to rise further. A key driver appears to … overcapacities. China's imbalance between domestic production and consumption implies that China draws on the domestic demand of … trading partners with high trade deficits with China. As this constellation could be the source of growing trade conflicts …
Persistent link: https://www.econbiz.de/10014546051