EIB Working Paper 2023/02 - Trade disruptions in Europe

Using firm-level data from the EIB Investment Survey, this paper describes how firms in the European Union have been affected by recent trade-related shocks, such as disruptions to logistics or access to materials, and how they have responded to them. The responses of firms differ. They include dive...

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التفاصيل البيبلوغرافية
المؤلف الرئيسي: EUROPEAN INVESTMENT BANK
التنسيق: Online
اللغة:الإنجليزية
منشور في: European Investment Bank 2023
الوصول للمادة أونلاين:https://library.oapen.org/handle/20.500.12657/63712
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author EUROPEAN INVESTMENT BANK
author_browse EUROPEAN INVESTMENT BANK
author_facet EUROPEAN INVESTMENT BANK
author_sort EUROPEAN INVESTMENT BANK
collection Directory of Open Access Books
description Using firm-level data from the EIB Investment Survey, this paper describes how firms in the European Union have been affected by recent trade-related shocks, such as disruptions to logistics or access to materials, and how they have responded to them. The responses of firms differ. They include diversification of trade partners and refocusing on domestic markets and suppliers. The paper looks at the differences between firms that help to explain these different reactions. It finds that younger, larger, more productive firms are more likely to respond actively to trade shocks and disruptions, especially through diversification of trade partners. Less productive and less innovative firms, meanwhile, are more likely to be discouraged from direct engagement in international trade.
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spelling doab-20.500.12854ir-1015352025-07-30T19:11:26Z EIB Working Paper 2023/02 - Trade disruptions in Europe EUROPEAN INVESTMENT BANK Using firm-level data from the EIB Investment Survey, this paper describes how firms in the European Union have been affected by recent trade-related shocks, such as disruptions to logistics or access to materials, and how they have responded to them. The responses of firms differ. They include diversification of trade partners and refocusing on domestic markets and suppliers. The paper looks at the differences between firms that help to explain these different reactions. It finds that younger, larger, more productive firms are more likely to respond actively to trade shocks and disruptions, especially through diversification of trade partners. Less productive and less innovative firms, meanwhile, are more likely to be discouraged from direct engagement in international trade. 2023-07-19T05:59:48Z 2023-07-19T05:59:48Z 2023-06-30T05:30:59Z 2023 book https://library.oapen.org/handle/20.500.12657/63712 https://directory.doabooks.org/handle/20.500.12854/101535 eng open access image/jpeg image/jpeg Attribution 4.0 International Attribution 4.0 International https://library.oapen.org/bitstream/20.500.12657/63712/1/20230189_economics_working_paper_2023_02_en.pdf https://library.oapen.org/bitstream/20.500.12657/63712/1/20230189_economics_working_paper_2023_02_en.pdf European Investment Bank European Investment Bank 10.2867/24420 10.2867/24420 feca012f-a3d8-4aac-95aa-b6cf4bdbed7c Knowledge Unlatched Knowledge Unlatched (KU) KU Open Services European Investment Bank open access
spellingShingle EUROPEAN INVESTMENT BANK
EIB Working Paper 2023/02 - Trade disruptions in Europe
title EIB Working Paper 2023/02 - Trade disruptions in Europe
title_full EIB Working Paper 2023/02 - Trade disruptions in Europe
title_fullStr EIB Working Paper 2023/02 - Trade disruptions in Europe
title_full_unstemmed EIB Working Paper 2023/02 - Trade disruptions in Europe
title_short EIB Working Paper 2023/02 - Trade disruptions in Europe
title_sort eib working paper 2023 02 trade disruptions in europe
url https://library.oapen.org/handle/20.500.12657/63712
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