{"status":"ok","message-type":"work","message-version":"1.0.0","message":{"indexed":{"date-parts":[[2026,1,23]],"date-time":"2026-01-23T07:44:48Z","timestamp":1769154288571,"version":"3.49.0"},"reference-count":18,"publisher":"Wiley","issue":"2","license":[{"start":{"date-parts":[[2015,6,16]],"date-time":"2015-06-16T00:00:00Z","timestamp":1434412800000},"content-version":"vor","delay-in-days":15,"URL":"http:\/\/onlinelibrary.wiley.com\/termsAndConditions#vor"}],"content-domain":{"domain":[],"crossmark-restriction":false},"short-container-title":["Asian Economic Journal"],"published-print":{"date-parts":[[2015,6]]},"abstract":"This paper describes the main features of global value chains (GVC<\/jats:styled-content>) between the euro area taken as a whole and other large world trade players like the USA<\/jats:styled-content>, C<\/jats:styled-content>hina and J<\/jats:styled-content>apan, which also operate as monetary unions. In addition, the individual euro area countries' perspective is considered, with a specific focus on intra\u2010area linkages. The analysis is primarily based on the concept of foreign value added in exports, which is suitable to assess the pervasiveness of GVC<\/jats:styled-content>. The paper uses the W<\/jats:styled-content>orld I<\/jats:styled-content>nput\u2013O<\/jats:styled-content>utput D<\/jats:styled-content>atabase and covers the period 2000\u20132011, giving also some information on the sectoral dimension of production linkages. The paper concludes that GVC<\/jats:styled-content> are important for the euro area as whole and there has been a rebound since the trade collapse in 2009. Moreover, there is a strong relevance of regional production linkages in E<\/jats:styled-content>urope, with a large role for G<\/jats:styled-content>ermany and C<\/jats:styled-content>entral and E<\/jats:styled-content>astern E<\/jats:styled-content>uropean countries.<\/jats:p>","DOI":"10.1111\/asej.12050","type":"journal-article","created":{"date-parts":[[2015,6,21]],"date-time":"2015-06-21T10:15:24Z","timestamp":1434881724000},"page":"99-120","source":"Crossref","is-referenced-by-count":31,"title":["Global Value Chains: A View from the E<\/scp>uro Area"],"prefix":"10.1111","volume":"29","author":[{"given":"Jo\u00e3o","family":"Amador","sequence":"first","affiliation":[{"name":"Banco de Portugal and Nova School of Business and Economics Rua Francisco Ribeiro 2 1150\u2010165 Lisboa Portugal"}]},{"given":"Rita","family":"Cappariello","sequence":"additional","affiliation":[{"name":"Banca d'Italia Via Nazionale 91 00184 Roma Italy"}]},{"given":"Robert","family":"Stehrer","sequence":"additional","affiliation":[{"name":"The Vienna Institute for International Economic Studies Rahlgasse 3 1060 Vienna Austria"}]}],"member":"311","published-online":{"date-parts":[[2015,6,16]]},"reference":[{"key":"e_1_2_8_2_1","doi-asserted-by":"publisher","DOI":"10.1257\/aer.102.3.412"},{"key":"e_1_2_8_3_1","unstructured":"Backer K. 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