Twelfth Global Studies Conference

Abstract

As the global economy becomes increasingly integrated, international trade is moving from the traditional trade to the value-added trade, where the intermediate goods and services, instead of the final goods, are exchanged between countries, giving sharp rise to the global value chains. Using a set of comprehensive Global Value Chain (GVC) indices, this study evaluates the GVC’s employment impact with the most recent WIOD dataset between the years 2000 and 2014 from 56 industries in the major European countries. The main research question is to examine if deeper involvement in the GVC is beneficial or detrimental to the domestic job opportunities in European context where the countries often share geographic proximity and close economic connections.