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The effect of value chain importance on regional economic recovery

Zádor, Zsófia, Zhu, Zhen, Smith, Matthew, Gorgoni, Sara (2023) The effect of value chain importance on regional economic recovery. European Planning Studies, 22 (4). pp. 843-862. ISSN 0965-4313. E-ISSN 1469-5944. (doi:10.1080/09654313.2023.2237537) (KAR id:102042)

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https://doi.org/10.1080/09654313.2023.2237537

Abstract

This paper investigates the link between value chain importance and economic growth for the EU24 regions between 2008-2018. It finds that relying more on GVCs worsened regional growth during the financial crisis, but led to higher growth in the long run. The results contribute to the literature on regional resilience and the public debate on the impact of shocks and the desirability of GVCs. Furthermore, by separately analysing the importance of global and regional value chains it contributes to the discussion on the effect of regionalisation and provides insights on how the re-configuring of value chains may affect regional growth.

Item Type: Article
DOI/Identification number: 10.1080/09654313.2023.2237537
Uncontrolled keywords: regional economic resilience, Global Value Chains, GVC importance, economic crisis
Subjects: H Social Sciences
Divisions: Divisions > Kent Business School - Division > Department of Analytics, Operations and Systems
Funders: University of Kent (https://ror.org/00xkeyj56)
Depositing User: Zhen Zhu
Date Deposited: 11 Jul 2023 13:54 UTC
Last Modified: 11 Apr 2024 10:14 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/102042 (The current URI for this page, for reference purposes)

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