Structural change, trade and global production networks: An ‘appropriate industrial policy’ for peripheral and catching-up economies

Landesmann, Michael; Stöllinger, Roman

doi:10.1016/j.strueco.2018.04.001

Cited by 55 publications

(41 citation statements)

References 16 publications

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“…This is supported by the fact that even 8 sectors retained a key role in the economy during the period. The number of tradable key sectors was gradually increased during the observed period, as it was suggested by Landesmann & Stöllinger (2019). It is worth to note that non-tradable sectors had greater importance as a user of inputs and created demand in the recession year.…”

Section: Resultsmentioning

confidence: 61%

“…The number of key sectors was increased due to the increased importance of tradable sectors, before all Manufacture of chemicals and chemical products and Manufacture of rubber and plastic products, which recorded significant increase of both backward and forward linkage indices. Such a trend is the result of strong FDI inflow in those sectors and increased export of their products (Bohle & Greskovits, 2012;Landesmann & Stöllinger, 2019). The importance of primary sub-sectors was reduced, having in mind that both backward and forward linkages were weakened during the period.…”

Section: Resultsmentioning

confidence: 99%

“…By analyzing the structure of sector categories, it can be concluded that tradable sectors, which greatly contributed to domestic demand in the pre-crisis period, lost their importance in 2008 and haven't recovered until 2014. On the other hand, the structure of non-tradable sectors was rather stable and it is a result of strong FDI inflow in these sectors (Bohle & Greskovits, 2012;Landesmann & Stöllinger, 2019). The one primary sub-sector lost its importance, so the number of weak primary sub-sectors was increased in 2014, while one of them retained its key sector role during the period.…”

Section: Resultsmentioning

confidence: 99%

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Patterns of Structural Changes in Cee Economies in New Millennium

Fedajev

Nikolić

Rădulescu

et al. 2019

Technological and Economic Development of Economy

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In the era of intensive globalization and frequent economic shocks, boosting the GDP growth becomes the most difficult task and main preoccupation of policymakers. This is particularly true for Central Eastern European countries or so called CEE countries, which are trying to overcome contemporary and inherited imbalances at the same time. These economies were faced with another huge challenge after 2008. They have to maintain the same pace of structural reforms during the global economic crisis and to mitigate the negative effects of the crisis on economic growth. In that sense, the aim of this paper is to provide insight into a structural change in these economies in the period 2000–2014, using Leontief input-output analysis of the key sectors. The results pointed out that most of the key sectors during the period are service related sectors and that their number is increased after the crisis, while manufacturing of basic metals and electricity, gas, steam, and air conditioning supply have lost the status of the key sector.

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Section: Resultsmentioning

confidence: 61%

Section: Resultsmentioning

confidence: 99%

Section: Resultsmentioning

confidence: 99%

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Patterns of Structural Changes in Cee Economies in New Millennium

Fedajev

Nikolić

Rădulescu

et al. 2019

Technological and Economic Development of Economy

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“…Komninos and Sefertzi (1998) concentrated on neo-industrialization as exemplified by peripheral regions of Northern Greece. Landesmann and Stöllinger (2019) made an attempt to indicate the proper industrial policy for peripheral regions and economies, the policy which could result in necessary structural changes and creation of stronger and more effective trade and global production networks. The possible participation of peripheral regions in complex processes of sustainability transitions on the example of a selected peripheral mountain region of Austria was studied by Kratzer (2018).…”

Section: Literature Reviewmentioning

confidence: 99%

Economic Activity in Peripheral Regions – a Case of Poland

Pawlas¹

2021

Regional Formation and Development Studies

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The Author discussed, explored, evaluated and diagnosed the disparities of economic activity on regional level. The study embraced five peripheral regions of Poland, namely five Eastern provinces (voivodships), i.e. Lublin Province, Podlasie Province, Subcarpathia Province, Świętokrzyskie Province and Warmia-Masuria Province. The aforementioned five voivodships were compared to Poland and Poland's central region, i.e. Masovia Province. The following elements were taken into consideration: employment rate and employment by sectors, unemployment rate, GDP per capita, number of economic entities and number of natural persons conducting economic activity, investment outlays and gross expenditure on R&D activity, as well as net internal and external migration for permanent residence. In order to observe the possible changes over the time the situation in 2005 and 2017 was studied. Additionally, the total value of projects co-financed by the European Union through Structural Funds and Cohesion Fund within 2007-2013 period and 2014-2020 perspective was presented and analyzed. The research tools used in the article included literature studies, critical thinking, descriptive analysis and comparative analysis, in that the selected statistical method of multivariate comparative analysis, i.e. Hellwig's taxonomic measure of development. Statistical material provided by Central Statistical Office (Warsaw, Poland) and taken from Statistical Yearbooks of the Regions 2006Regions , 2007Regions , 2017 and 2018 was used for the analysis. The obtained results indicate the persistence of huge regional disparities of economic activity, economic potential and socioeconomic development despite the implementation of EU Policy of Social, Economic and Territorial Cohesion. Hence, it was possible to positively verify the research hypotheses: both the first hypothesis assuming that the gap between the studied peripheral regions and the rest of Poland was not reduced and the second hypothesis assuming that the participation in the processes of regional economic integration, and in particular in EU Policy of Economic, Social and Territorial Cohesion, had only limited impact on the reduction of disparities between Poland's regions.

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“…Second, such European industrial plan could favour economic convergence among country members, finally closing the long-term structural asymmetries which triggered the European debt crisis of 2009–2013 and doomed Europe to a sluggish recover in the following years (Celi et al 2018 ). It follows that investments needed to pursue such industrial strategy should be firstly addressed towards those European countries which in the last decades have suffered the most the progressive impoverishment of their production matrix (Celi et al 2020 ; Landesmann and Stollinger 2018 ; Lucchese and Pianta 2020a ). From this perspective, the consolidation of a European block of converging and well-integrated economies, effectively participating in regional level GVCs, could constitute a stronger basis to selectively develop intercontinental production networks.…”

Section: Emerging Trends and The Role Of Industrial Policymentioning

confidence: 99%

Supply chain contagion and the role of industrial policy

et al. 2020

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The COVID-19 pandemic triggered a major disruption in global value chains (GVCs) that pushed the global economy into a recession that promises to be worse than the 2008 crisis. This article illustrates the mechanisms through which the COVID-19 pandemic affected GVCs in the context of a changing configuration of the global economy. In particular, it is argued that GVCs became the main transmission channels of “economic contagion”. Finally, we posit that the pandemic provides an opportunity to revive the role of industrial policy as to govern the landslides of a world economy constantly pressured by globalization and deglobalization forces.

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Structural change, trade and global production networks: An ‘appropriate industrial policy’ for peripheral and catching-up economies

Cited by 55 publications

References 16 publications

Patterns of Structural Changes in Cee Economies in New Millennium

Patterns of Structural Changes in Cee Economies in New Millennium

Economic Activity in Peripheral Regions – a Case of Poland

Supply chain contagion and the role of industrial policy

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