The Impact of 'Novel Coronavirus Pneumonia' on Global Value Chain

8 Pages Posted: 21 Feb 2020

See all articles by Alicia García-Herrero

Alicia García-Herrero

Bruegel; Hong Kong University of Science & Technology (HKUST) - HKUST Institute for Emerging Market Studies (IEMS); Natixis

Trinh Nguyen

Natixis

Junyu Tan

Independent

Date Written: February 18, 2020

Abstract

One of the big uncertainties regarding the Corona Virus is how China’s efforts to contain it by closing factories will impact supply chains regionally and globally. This note points to China’s much larger relevance in the global value chain, especially as concerns exports of intermediate goods. When SARS hit in 2003, China manufacturing export share was only 8% and by 2018 it was 19%. By moving up the ladder, China’s has become a much more important player in exporting intermediate goods than before, which means that any disruption in China’s production capacity could affect the rest of the world more severely than in the past.

Keywords: Corona virus, global value chain

Suggested Citation

Garcia-Herrero, Alicia and Nguyen, Trinh and Tan, Junyu, The Impact of 'Novel Coronavirus Pneumonia' on Global Value Chain (February 18, 2020). Available at SSRN: https://ssrn.com/abstract=3542113 or http://dx.doi.org/10.2139/ssrn.3542113

Alicia Garcia-Herrero (Contact Author)

Bruegel ( email )

Rue de la Charité 33
B-1210 Brussels Belgium, 1210
Belgium

Hong Kong University of Science & Technology (HKUST) - HKUST Institute for Emerging Market Studies (IEMS) ( email )

IAS 2019, Lo Ka Chung Building,
Lee Shau Kee Campus, HKUST
Clear Water Bay, Kowloon
Hong Kong

Natixis ( email )

France

Trinh Nguyen

Natixis ( email )

France

Junyu Tan

Independent

Here is the Coronavirus
related research on SSRN

Paper statistics

Downloads
404
Abstract Views
1,307
rank
83,582
PlumX Metrics