ABSTRACT
This chapter provides an overview of the main trends and patterns in income effects in global value chains driven by EU exports during the period 1995–2011. It makes extensive use of novel indicators illustrating the relationship between trade, employment and income (expressed as value added [VA]) for the EU as a whole and for each EU member state using the World Input-Output Database (WIOD) as the source for the data. The WIOD explicitly describes the interactions and interdependencies of the economic activities in different countries. The results shown in this chapter are focused on the income effects driven by the EU’s exports to the rest of the world, with a geographical breakdown of the data that includes the 27 EU 144member states (Croatia was not yet a member state in the period covered by this analysis, and the United Kingdom is still part of the EU), Australia, Brazil, Canada, China, India, Indonesia, Japan, Mexico, Russia, South Korea, Taiwan, the United States and an aggregate rest- of-the-world region.
