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Trade Tensions, Global Value Chains, and Spillovers: Insights for Europe

Author

Listed:
  • Raju Huidrom
  • Nemanja Jovanovic
  • Mr. Carlos Mulas-Granados
  • Ms. Laura Papi
  • Ms. Faezeh Raei
  • Mr. Emil Stavrev
  • Mr. Philippe Wingender

Abstract

Europe is deeply integrated into global value chains and recent trade tensions raise the question of how European economies would be affected by the introduction of tariffs or other trade barriers. This paper estimates the impact of trade shocks and growth spillovers using value added measures to better gauge the associated costs across European countries.

Suggested Citation

  • Raju Huidrom & Nemanja Jovanovic & Mr. Carlos Mulas-Granados & Ms. Laura Papi & Ms. Faezeh Raei & Mr. Emil Stavrev & Mr. Philippe Wingender, 2019. "Trade Tensions, Global Value Chains, and Spillovers: Insights for Europe," IMF Departmental Papers / Policy Papers 2019/009, International Monetary Fund.
  • Handle: RePEc:imf:imfdps:2019/009
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    Citations

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    Cited by:

    1. Rasa Stasiukynaite, 2019. "Reordering international trade: what will it cost?," Bank of Lithuania Occasional Paper Series 27, Bank of Lithuania.
    2. Michael Funke & Adrian Wende, 2023. "The US–China Phase One trade deal: An economic analysis of the managed trade agreement," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 56(2), pages 758-786, May.
    3. Ignatia Martha Hendrati & Unggul Heriqbaldi & Miguel Angel Esquivias & Bekti Setyorani & Ari Dwi Jayanti, 2023. "Propagation of Economic Shocks from the United States, China, the European Union, and Japan to Selected Asian Economies: Does the Global Value Chain Matters?," International Journal of Energy Economics and Policy, Econjournals, vol. 13(1), pages 91-102, January.
    4. repec:zbw:bofitp:2019_017 is not listed on IDEAS
    5. Saša Jakšić & Nataša Erjavec & Boris Cota, 2021. "Impact of regulatory trade barriers and controls of the movement of capital and people on international trade of selected Central, Eastern and Southeastern European economies," Central European Journal of Operations Research, Springer;Slovak Society for Operations Research;Hungarian Operational Research Society;Czech Society for Operations Research;Österr. Gesellschaft für Operations Research (ÖGOR);Slovenian Society Informatika - Section for Operational Research;Croatian Operational Research Society, vol. 29(3), pages 891-907, September.
    6. Mariam Camarero & Laura Montolio & Cecilio Tamarit, 2022. "Explaining German outward FDI in the EU: a reassessment using Bayesian model averaging and GLM estimators," Empirical Economics, Springer, vol. 62(2), pages 487-511, February.
    7. Ms. Enrica Detragiache & Mr. Christian H Ebeke & La-Bhus Fah Jirasavetakul & Koralai Kirabaeva & Mr. Davide Malacrino & Florian Misch & Mr. Hyun Park & Ms. Yu Shi, 2020. "A European Minimum Wage: Implications for Poverty and Macroeconomic Imbalances," IMF Working Papers 2020/059, International Monetary Fund.
    8. Rudi Purwono & Unggul Heriqbaldi & Miguel Angel Esquivias & M. Khoerul Mubin, 2022. "The American–China Trade War and Spillover Effects on Value-Added Exports from Indonesia," Sustainability, MDPI, vol. 14(5), pages 1-22, March.
    9. Simola, Heli, 2019. "Evaluating international impacts of China-specific shocks in an input-output framework," BOFIT Discussion Papers 17/2019, Bank of Finland, Institute for Economies in Transition.

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