EU unemployment and global value chains

This paper examines the relationship between globalization and unemployment in the EU from 1990-2015, focusing on Global Value Chains (GVCs). We analyze the effects of the composition of the workforce and GVC-type trade on unemployment. Our findings show that GVC participation reduces unemployment i...

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Bibliographic Details
Authors: Camarero, Mariam, Lopez Villavicencio, Antonia, Tamarit, Cecilio
Format: article
Publication Date:2025
Country:España
Institution:Universitat Autònoma de Barcelona
Repository:Dipòsit Digital de Documents de la UAB
Language:English
OAI Identifier:oai:ddd.uab.cat:324928
Online Access:https://ddd.uab.cat/record/324928
https://dx.doi.org/urn:doi:10.1007/s10290-025-00599-z
Access Level:Open access
Keyword:Global value chains
EU
Local projections
Unemployment
SDG 8 - Decent Work and Economic Growth
Description
Summary:This paper examines the relationship between globalization and unemployment in the EU from 1990-2015, focusing on Global Value Chains (GVCs). We analyze the effects of the composition of the workforce and GVC-type trade on unemployment. Our findings show that GVC participation reduces unemployment in less advanced EU economies but increases it in core countries. Lower labor costs and low-skilled workers enhance the positive impact on reducing unemployment. Some sectors (especially services such as Telecommunications) experience significant employment gains. We recommend policies to remove regulatory barriers and support technological advancement to ensure equitable benefits from GVC integration across the EU.