Competitiveness drivers and obstacles, intra-EU linkages and European value chains in GVCs (CR 2017)

This report offers an extensive analysis of the effects of the completion of the EU Single Market. It sheds light on four interrelated aspects: It first reveals asymmetric economic performance which mirrors structural differences across member countries. These differences in economic outcomes are confronted with measures of the Single Market, economic institutions, changes in demand patterns and producer price developments. Next, the changes in value chains are tracked over time, and also put into a global perspective. Eventually, firm level evidence complements these findings. These results are highly relevant for policies at the member country and the EU level.