Template-type: ReDif-Paper 1.0
Author-Name: Boschma, Ron
Author-Name: Hernández-Rodríguez, Eduardo
Author-Name: Morrison, Andrea
Author-Name: Pietrobelli, Carlo
Author-workplace-name: RS: GSBE other - not theme-related research, Mt Economic Research Inst on Innov/Techn
Title: Do global value chains and local capabilities matter for economic complexity in EU regions?
Abstract: This paper combines insights from the literatures on Global Value Chains (GVC), Economic Complexity and Evolutionary Economic Geography to assess the role of GVC participation and regional capabilities in fostering economic complexity in EU NUTS-2 regions. Our results suggest there is no such thing as a common path towards economic complexity across EU regions. Low-income regions manage to benefit from both regional capabilities and GVC participation. In contrast, high-income regions rely more on their existing local capabilities rather than on GVC participation.
Classification-JEL: b52,f23,o19,o33,r10
Series: UNU-MERIT Working Papers
Creation-Date: 20250129
Number: 2025-002
File-URL: https://cris.maastrichtuniversity.nl/ws/files/239855895/wp2025-002.pdf
File-Format: application/pdf
File-Size: 1565561
Handle: Repec:unm:unumer:2025002
DOI: 10.53330/BAGR7168