Estonia in Global Value Chains

Ali-Yrkkö JyrkiMattila JuriSeppälä Timo

Abstract

In this study, we analyse Estonia’s position in global value chains using World Input-Output Data and firm-level data. We find that 69% of Estonia’s total exports are intermediate goods and services, exceeding the EU average (65%). Two-thirds of Estonian imports are intermediates. Our findings suggest that Estonia is heavily involved in vertically and geographically fragmented production even though its most significant trading partners are its neighbouring countries. We also analyse the value chains of two significant companies operating in the Estonian economy along with their GDP contributions. According to our findings, the GDP contributions generated by the exports of these two companies vary significantly from one another. The euros generated from exports do not contribute equally to the national economy.

Information om publikationen

Serie
ETLA Raportit - Reports 69
Datum
11.01.2017
Nyckelord
Global value chains, GVC, GDP, Exports, Gross domestic product, Value added, Estonia, Granular
ISSN
2323-2447, 2323-2455 (Pdf)
JEL
D22, F14, F6, F62, F68, L2
Sidor
24
Språk
Engelska