New Indicators on Integration of Global Value Chains in Employment and the Economy of Andalusia
DOI:
https://doi.org/10.54790/rccs.28Keywords:
FIGARO multicountry tables, multiregional input-output model (MRIO), global chain values, extended inputoutput tables, andalusian economyAbstract
This paper proposes two new indicators to monitor the integration of Andalusia in global value chains based on the OECD methodology, the Eurostat Inter-country Input-Output Tables (FIGARO) and the Andalusian Input-Output Tables published by the IECA. The results clearly indicate that trade with the European Union benefits the Andalusian region the most, in terms of both employment and value added embodied in Andalusian exports, with the exception of trade with the rest of Spain, Greece and Malta. Exports of R&D and agricultural products are the ones that retain the highest share of value added in Andalusia, with energy products the least.
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