Emerging Countries as the Main Destinations for European Value-Added Exports

[EN] Nowadays, production chains may cross the borders of several continents in search of greater profitability. In order to more accurately calculate countries¿ foreign demand, value-added exports should be used rather than gross exports. This study takes the value-added exports calculated for Euro...

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Detalles Bibliográficos
Autores: Martí Selva, María Luisa|||0000-0001-8861-4442, Puertas, Rosa|||0000-0003-4937-4575
Tipo de recurso: artículo
Fecha de publicación:2020
País:España
Institución:Universitat Politècnica de València (UPV)
Repositorio:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Idioma:inglés
OAI Identifier:oai:riunet.upv.es:10251/167872
Acceso en línea:https://riunet.upv.es/handle/10251/167872
Access Level:acceso abierto
Palabra clave:Emerging countries
Global value chains
European Union
Gravity models
Exports
ECONOMIA APLICADA
Descripción
Sumario:[EN] Nowadays, production chains may cross the borders of several continents in search of greater profitability. In order to more accurately calculate countries¿ foreign demand, value-added exports should be used rather than gross exports. This study takes the value-added exports calculated for European Union countries and uses extended gravity models to analyze the determinants of this trade, differentiating between countries according to the main destinations for their value-added, USA, Russia and China. The results reveal certain changes according to the economic period analyzed and the destination of the goods, with respect to key variables such as the wealth of the exporting country, the level of logistics performance and distance. In 2014, China registered an improvement in its position compared to Russia.