IDEAS home Printed from https://ideas.repec.org/p/ipt/iptwpa/jrc113072.html
   My bibliography  Save this paper

EU exports to the world: Effects on income

Author

Listed:

Abstract

The European Commission identified trade policy as a core component of the European Union's 2020 Strategy. The fast changing global economy, characterised by the dynamic creation of business opportunities and increasingly complex production chains, means that it is now even more important to fully understand how trade flows affect income generation. Gathering comprehensive, reliable and comparable information on this is crucial to support evidence-based policymaking. Guided by that objective, the European Commission's Joint Research Centre (JRC) and the Commission's Directorate General for Trade have collaborated to produce this publication. It aims to be a valuable tool for trade policymakers. Following up the first edition (Arto et al., 2015), the report features a series of indicators to illustrate in detail the relationship between trade and income (i.e. value added) generation for the EU as a whole and for each EU Member State using the World Input-Output Database (WIOD), 2016 release (Timmer et al., 2015, 2016), as the main data source. This information has been complemented with data on labour compensation by skill from EUKLEMS. All the indicators relate to the EU's exports to the rest of the world so as to reflect the scope of EU trade policymaking. Most indicators are available as off 2000 but, due to data constraints, the indicator on labour compensation split by skill is only available from 2008 to 2014. The geographical breakdown of the data includes the 28 EU Member States, Australia, Brazil, Canada, China, India, Indonesia, Japan, Mexico, Norway, Russia, South Korea, Switzerland, Turkey, Taiwan, the United States of America, and an aggregate "Rest of the World" region. On the basis of the value added embodied in every million EUR worth of exports in 2014 and more recent data on international trade in goods and services, this report also provides projections elaborated by the JRC for 2017 using a different methodology, so they should be taken with caution. The information presented in this pocketbook is complemented with an electronic version allowing downloads of the tables with the complete time series (2000-2014 and 2017).

Suggested Citation

  • Inaki Arto & Jose M. Rueda-Cantuche & Ignacio Cazcarro & Antonio F. Amores & Erik Dietzenbacher & M. Victoria Roman & Zornitsa Kutlina-Dimitrova, 2018. "EU exports to the world: Effects on income," JRC Research Reports JRC113072, Joint Research Centre.
    • Handle: RePEc:ipt:iptwpa:jrc113072
    as

    Download full text from publisher

    File URL: https://publications.jrc.ec.europa.eu/repository/handle/JRC113072
    Download Restriction: no
    ---><---

    Citations

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


    Cited by:

    1. Cernat, Lucian & Jakubiak, Malgorzata & Preillon, Nicolas, 2020. "The Role of SMEs in extra-EU Exports: Key performance indicators," DG TRADE Chief Economist Notes 2020-1, Directorate General for Trade, European Commission.
    2. Li, Meng & Gao, Yuning & Meng, Bo & Meng, Jing, 2023. "Tracing embodied energy use through global value chains: Channel decomposition and analysis of influential factors," Ecological Economics, Elsevier, vol. 208(C).
    3. Inaki Arto & Erik Dietzenbacher & Jose Manuel Rueda-Cantuche, 2019. "Measuring bilateral trade in terms of value added," JRC Research Reports JRC116694, Joint Research Centre.

    More about this item

    Keywords

    Income; Exports; European Union;
    All these keywords.

    JEL classification:

    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:ipt:iptwpa:jrc113072. 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.

    We have no bibliographic references for this item. You can help adding them by using 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: Publication Officer (email available below). General contact details of provider: https://edirc.repec.org/data/ipjrces.html .

    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.