Acceso al sitio web del Consejo de Políticas de Infraestructura

   
ARTÍCULO
TITULO

Emerging Countries as the Main Destinations for European Value-Added Exports

Luisa Marti    
Rosa Puertas    

Resumen

Nowadays, production chains may cross the borders of several continents in search of greater profitability. In order to more accurately calculate countries? foreign demand, value-added exports should be used rather than gross exports. This study takes the value-added exports calculated for European Union countries and uses extended gravity models to analyze the determinants of this trade, differentiating between countries according to the main destinations for their value-added, USA, Russia and China. The results reveal certain changes according to the economic period analyzed and the destination of the goods, with respect to key variables such as the wealth of the exporting country, the level of logistics performance and distance. In 2014, China registered an improvement in its position compared to Russia.

PÁGINAS
pp. 25 - 35
MATERIAS
ECONOMÍA

 Artículos similares

       
 
Arkady Martynov     Pág. 46 - 55
The article is devoted to the actual and complex topic of the transformation of a number of countries with emerging markets. A retrospective of the transformation of the entire enclave of emerging market economies in a large number of countries was brief... ver más

 
Anatol Melega,Marioara Molociniuc Hritcan,Anamaria Geanina Macovei    
Transfer pricing is a real challenge for both tax regulators and multinationals who use this procedure, in most cases to erode the tax base. The purpose of this paper is to analyse the tax practices and regulations of countries applying OECD transfer pri... ver más

 
Chandrika Raghavendra, Mahesh Rampilla, Venkata Ramana Thanikella and Isha Gupta    
Climate change, global warming, and carbon emission are global issues. Countries are strengthening their environmental regulations to mitigate the emission problem. According to the pollution haven hypothesis, rich countries invest in emerging economies ... ver más

 
Hülya Yilmaz,Bülent Ilhan     Pág. 26 - 38
This paper investigates the dynamic relationship between the stock market index and a set of macroeconomic variables in four emerging countries. The dependent variable measures monthly stock exchange points of respective markets from January 2010 to Marc... ver más

 
Crina Pungulescu     Pág. 29 - 40
This paper investigates whether small markets offer higher risk-adjusted expected returns using a large set of developed and emerging markets over a time span of up to four decades. The results show that expected returns are significantly lower in larger... ver más