IDEAS home Printed from https://ideas.repec.org/a/spr/intere/v57y2022i6d10.1007_s10272-022-1087-9.html
   My bibliography  Save this article

Reshoring by Decree? The Effects of Decoupling Europe from Global Value Chains

Author

Listed:
  • Alexander Sandkamp

    (Kiel Institute for the World Economy)

Abstract

Overall, decoupling from certain countries may be both politically necessary and economically feasible, at least in the long run. However, a general shift of production back to Europe would be accompanied by significant losses in real income.

Suggested Citation

  • Alexander Sandkamp, 2022. "Reshoring by Decree? The Effects of Decoupling Europe from Global Value Chains," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 57(6), pages 359-362, November.
    • Handle: RePEc:spr:intere:v:57:y:2022:i:6:d:10.1007_s10272-022-1087-9
    DOI: 10.1007/s10272-022-1087-9
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s10272-022-1087-9
    File Function: Abstract
    Download Restriction: Access to the full text of the articles in this series is restricted.
    File URL: https://libkey.io/10.1007/s10272-022-1087-9?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Rüdiger Bachmann & David Baqaee & Christian Bayer & Moritz Kuhn & Andreas Löschel & Benjamin Moll & Andreas Peichl & Karen Pittel & Moritz Schularick, 2022. "What if? The economic effects for Germany of a stop of energy imports from Russia," SciencePo Working papers Main hal-03881469, HAL.
    2. repec:wsr:wpaper:y:2022:i:196 is not listed on IDEAS
    3. Sonali Chowdhry & Julian Hinz & Katrin Kamin & Joschka Wanner, 2024. "Brothers in arms: the value of coalitions in sanctions regimes," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 39(118), pages 471-512.
    4. Luisa Kinzius & Alexander Sandkamp & Erdal Yalcin, 2019. "Trade protection and the role of non-tariff barriers," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 155(4), pages 603-643, November.
    5. Gabriel Felbermayr & Hendrik Mahlkow & Alexander Sandkamp, 2023. "Cutting through the value chain: the long-run effects of decoupling the East from the West," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 50(1), pages 75-108, February.
    6. Michael Bratt, 2017. "Estimating the bilateral impact of nontariff measures on trade," Review of International Economics, Wiley Blackwell, vol. 25(5), pages 1105-1129, November.
    7. Andreas Baur & Lisandra Flach, 2022. "Deutsch-chinesische Handelsbeziehungen: Wie abhängig ist Deutschland vom Reich der Mitte?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 75(04), pages 56-65, April.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bartholomae Florian & Nam Chang Woon, 2023. "A Critical Discussion on the Reasons and Impacts of International Decoupling," Intereconomics: Review of European Economic Policy, Sciendo, vol. 58(2), pages 92-95, March.
    2. Grömling Michael & Koenen Michelle & Kunath Gero & Obst Thomas & Parthie Sandra, 2023. "Deindustrialisation – A European Assessment," Intereconomics: Review of European Economic Policy, Sciendo, vol. 58(4), pages 209-214, July.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gabriel Felbermayr & Hendrik Mahlkow & Alexander Sandkamp, 2023. "Cutting through the value chain: the long-run effects of decoupling the East from the West," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 50(1), pages 75-108, February.
    2. Alessandro Borin & Francesco Paolo Conteduca & Enrica Di Stefano & Vanessa Gunnella & Michele Mancini & Ludovic Panon, 2022. "Quantitative assessment of the economic impact of the trade disruptions following the Russian invasion of Ukraine," Questioni di Economia e Finanza (Occasional Papers) 700, Bank of Italy, Economic Research and International Relations Area.
    3. Borin, Alessandro & Conteduca, Francesco Paolo & Di Stefano, Enrica & Gunnella, Vanessa & Mancini, Michele & Panon, Ludovic, 2023. "Trade decoupling from Russia," International Economics, Elsevier, vol. 175(C), pages 25-44.
    4. Ludovic Panon & Laura Lebastard & Michele Mancini & Alessandro Borin & Peonare Caka & Gianmarco Cariola & Dennis Essers & Elena Gentili & Andrea Linarello & Tullia Padellini & Francisco Requena & Jaco, 2024. "Inputs in Distress: Geoeconomic Fragmentation and Firms’ Sourcing," Working Papers 2436, Banco de España.
    5. de Souza, Gustavo & Hu, Naiyuan & Li, Haishi & Mei, Yuan, 2024. "(Trade) War and peace: How to impose international trade sanctions," Journal of Monetary Economics, Elsevier, vol. 146(C).
    6. Ricardo Hausmann & Ulrich Schetter & Muhammed A Yildirim, 2024. "On the design of effective sanctions: the case of bans on exports to Russia," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 39(117), pages 109-153.
    7. Shuyao Yang, 2020. "Technical Barriers to Trade and Firms' Export Decisions," CESifo Working Paper Series 8693, CESifo.
    8. Becko, John Sturm, 2024. "A theory of economic sanctions as terms-of-trade manipulation," Journal of International Economics, Elsevier, vol. 150(C).
    9. repec:wsr:wpaper:y:2022:i:196 is not listed on IDEAS
    10. Grübler, Julia & Reiter, Oliver, 2021. "Characterising non-tariff trade policy," Economic Analysis and Policy, Elsevier, vol. 71(C), pages 138-163.
    11. Felbermayr, Gabriel & Gans, Steffen & Mahlkow, Hendrik & Sandkamp, Alexander-Nikolai, 2021. "Decoupling Europe," Kiel Policy Brief 153, Kiel Institute for the World Economy (IfW Kiel).
    12. Liu, Chang & Lin, Dongtao & Liu, Jiawei & Li, Yanran, 2019. "Quantifying the effects of non-tariff measures on African agri-food exporters," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 58(4), April.
    13. Berger, Eva M. & Bialek, Sylwia & Garnadt, Niklas & Grimm, Veronika & Other, Lars & Salzmann, Leonard & Schnitzer, Monika & Truger, Achim & Wieland, Volker, 2022. "A potential sudden stop of energy imports from Russia: Effects on energy security and economic output in Germany and the EU," Working Papers 01/2022, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung.
    14. Ferriani, Fabrizio & Gazzani, Andrea, 2023. "The impact of the war in Ukraine on energy prices: Consequences for firms’ financial performance," International Economics, Elsevier, vol. 174(C), pages 221-230.
    15. Mahdi Ghodsi, 2024. "Regulatory convergence within technical barriers to trade," The World Economy, Wiley Blackwell, vol. 47(5), pages 1870-1915, May.
    16. Marco Flaccadoro, 2024. "The recent weakness in the German manufacturing sector," Questioni di Economia e Finanza (Occasional Papers) 902, Bank of Italy, Economic Research and International Relations Area.
    17. Erik Braun & Emese Braun & András Gyimesi & Zita Iloskics & Tamás Sebestyén, 2023. "Exposure to trade disruptions in case of the Russia–Ukraine conflict: A product network approach," The World Economy, Wiley Blackwell, vol. 46(10), pages 2950-2982, October.
    18. Felbermayr, Gabriel, 2022. "European trade policy at the service of geopolitics? Requirements for new instruments from the perspective of family businesses," Studien, Stiftung Familienunternehmen / Foundation for Family Businesses, number 273454.
    19. Javier Quintana, 2022. "Economic consequences of a hypothetical suspension of Russia-EU trade," Economic Bulletin, Banco de España, issue 2/2022.
    20. Lionel Fontagné & Philippe Martin & Gianluca Orefice, 2024. "The many channels of firm’s adjustment to energy shocks: evidence from France," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 39(117), pages 5-43.
    21. Mahdi Ghodsi & Robert Stehrer, 2022. "Trade policy and global value chains: tariffs versus non-tariff measures," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 158(3), pages 887-916, August.

    More about this item

    Keywords

    F11; F13; F17;
    All these keywords.

    JEL classification:

    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:intere:v:57:y:2022:i:6:d:10.1007_s10272-022-1087-9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.