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  1. Value chain integration of the Western Balkan countries and policy options for the post-COVID-19 period
    Author: Reiter, Oliver; Stehrer, Robert
    Published: [2021]
    Publisher:  Verein "Wiener Institut für Internationale Wirtschaftsvergleiche" (wiiw), Wien

    In this policy brief, we study the development of trade integration, specifically the participation in global value chains, of the Western Balkan countries. Using a multi-country input-output Database, called the 'wiiw MC IOD', we first analyse in a... more

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    Fachinformationsverbund Internationale Beziehungen und Länderkunde
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    Stiftung Wissenschaft und Politik (SWP), Bibliothek
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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    DS 670
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    In this policy brief, we study the development of trade integration, specifically the participation in global value chains, of the Western Balkan countries. Using a multi-country input-output Database, called the 'wiiw MC IOD', we first analyse in a descriptive way the trends in economic integration by looking at forward and backward linkages. Second, we apply a gravity model to accurately pin down the effects of trade integration. The results show that potential EU membership and the earlier Stabilisation and Association Agreements (SAAs) boost trade flows between the new trading partners. These agreements affect particularly the forward linkages and thus support economies to sell their products both directly and indirectly on global markets. This suggests that the Western Balkans should focus their efforts on achieving the maximum possible level of economic integration with the EU even before full accession, including greater access to the EU budget, joining the EU Customs Union and expanding the existing SAAs. Also, EU support for the Western Balkans amid the COVID-19 crisis should be stepped up in order to keep the countries on track for EU integration. More investment in regional infrastructure has the potential to make near-shoring from, for example, Germany and Austria more likely in a post-COVID-19 world.

     
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Other identifier:
    hdl: 10419/237682
    Series: Policy notes and reports ; 48 (March 2021)
    Subjects: Außenhandel; Wirtschaftliche Integration; Marktzugang; Internationale Organisation; Mitgliedschaft; Wirkung; Auswirkung; Western Balkans; input-output; global value chain integration
    Scope: 1 Online-Ressource (circa 28 Seiten), Illustrationen
  2. Are we moving towards an energy-efficient low-carbon economy?
    an input-output LMDI decomposition of CO2 emissions for Spain and the EU28
    Author: Serrano-Puente, Darío
    Published: 2021
    Publisher:  Banco de España, Madrid

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    VS 470
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: Documentos de trabajo / Banco de España, Eurosistema ; no. 2104
    Subjects: CO2 emissions; energy efficiency; decomposition analysis; input-output; LMDI
    Scope: 1 Online-Ressource (circa 79 Seiten), Illustrationen
  3. Modelling the impact of COVID-19 on the UK economy
    an application of a disaggregated New-Keynesian model
    Author: Lenoël, Cyrille; Young, Garry
    Published: August 2021
    Publisher:  National Institute of Economic and Social Research, London

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
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    Source: Union catalogues
    Language: English
    Media type: Book
    Format: Online
    Series: NIESR discussion paper ; no. 531 (12 August 2021)
    Subjects: Covid-19; recession; sectoral model; input-output
    Scope: 1 Online-Ressource (circa 43 Seiten), Illustrationen