No. 1488 - Regional activity and participation in national and international value chains: evidence for Italy
The work assesses Italian regions' participation in international value chains. It examines how foreign demand contributes to regional value added through direct and indirect trade in goods and services. It uses some indicators from the international input-output analysis, adapted to appraise regional transactions and it considers differences between production sectors.
Besides direct trade, indirect trade through other regions is an important channel through which foreign demand contributes to regional value added, particularly for the South and smaller regions, and to smaller destination countries. The regions that participate in international value chains by supplying relatively more domestic value added are those in which, in addition to the manufacturing sector, advanced services and innovative activities are significant.
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