While intermediates comprise the majority of total goods trade in the European Union (EU), their share of total trade has remained flat since 1996. This implies that EU enlargement has had a limited effect on the size of Factory Europe. However, enlargement coincides with an increase in Factory Europe’s complexity. Using two new measures of the complexity of intermediates products, we show that internal EU intermediates trade has become more sophisticated...
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INFORMATION
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2011/04/01
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Document de travail
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103793
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1
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1
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2016/04/15
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Disclosed
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Factory Europe? brainier but not brawnier
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Trade & International Integration
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