Demand and supply exposure through global value chains: Euro-Mediterranean countries during COVID.

ABSTRACT: This paper tries to examine how the COVID-19 shock affects different countries through their regional integration and their exposure to Global Value Chains (GVCs). Using input-output tables from the EORA dataset, our contribution is threefold. First, we conceptually revise the approache to analyse input-output relationships and underline the difference between the bilateral flow of value added and trade and distinguish between the producers and consumers of value-added. Second, we distinguish between the supply and demand channels through which these countries can be affected by the disruptions in GVCs. Third, we apply this empirical exercise on an understudied region, namely the Mediterranean region that is characterised by its involvement in several trade agreements that might boost thei

SUBMITTER: Ayadi R 

PROVIDER: S-EPMC8242751 | biostudies-literature | 2022 Mar

REPOSITORIES: biostudies-literature