Shocks in a highly interlinked global economy:

This report analyses the broad risks associated with sectoral output disruptions both domestically and abroad, examining several exposure metrics. The results indicate that domestic shocks generally have larger sectoral impacts than foreign shocks. In most cases, foreign production disruptions cause...

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Bibliographische Detailangaben
1. Verfasser: Arriola, Christine (VerfasserIn)
Weitere Verfasser: Kowalski, Przemyslaw (MitwirkendeR), van Tongeren, Frank (MitwirkendeR)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Paris OECD Publishing 2024
Schriftenreihe:OECD Trade Policy Papers no.283
Schlagworte:
Online-Zugang:DE-862
DE-863
Zusammenfassung:This report analyses the broad risks associated with sectoral output disruptions both domestically and abroad, examining several exposure metrics. The results indicate that domestic shocks generally have larger sectoral impacts than foreign shocks. In most cases, foreign production disruptions cause minimal domestic output responses, suggesting that domestic and international linkages, along with economic adjustment mechanisms, tend to dampen rather than amplify foreign shocks. However, a cumulation of adverse shocks can significantly affect specific sectors, with manufacturing sectors are on average much more exposed to foreign output shocks than services and agrifood given their greater internationalisation of output and inputs. Economies with strong backward and forward global value chain links to major foreign economies also tend to be more exposed to foreign shocks.
Beschreibung:1 Online-Ressource (58 Seiten) 21 x 28cm.

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