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Deglobalization and the reorganization of supply chains: Effects on regional inequalities in the EU

Author

Listed:
  • Magerman, Glenn

    (ECARES at ULB, CEPR and CESIfo)

  • Palazzolo, Alberto

    (ECARES at ULB and NBB)

Abstract

This paper analyzes a policy toolbox encompassing trade, industrial, and public policies and their effects on the EU and its geographical regions. We develop a multi-sector, multi-region general equilibrium framework with imperfect competition, input-output linkages, and external economies of scale. Regional and supranational governments set policies and raise taxes and provide subsidies to fund these

Suggested Citation

  • Magerman, Glenn & Palazzolo, Alberto, 2024. "Deglobalization and the reorganization of supply chains: Effects on regional inequalities in the EU," Single Market Economics Papers WP2024/29, Directorate-General for Internal Market, Industry, Entrepreneurship and SMEs (European Commission), Chief Economist Team.
    • Handle: RePEc:bda:wpsmep:wp2024/29
    DOI: 10.2873/4140841
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    Keywords

    Deglobalization; Regional Inequalities; Trade policy; Industrial Policy; Public Policy; Supply Chains; General Equilibrium;
    All these keywords.

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)

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