Anniversary Fund of the Oesterreichische Nationalbank
May 2020 – October 2021

The research project uses a mix of panel data econometric modelling and innovative complex network analysis
techniques to study the topological properties, dynamics and interactions between the global value chain and the
global foreign direct investment networks at aggregate and sectoral levels. The project analyses the mutual impacts between FDI and GVC participation, analyses the relative importance of countries and sectors from the perspective of multilateral connectivity and relatedness between sectors in general, as well as zooms in on the digital cluster and economic integration and connectivity dynamics involving the EU and the CESEE countries in policy-oriented case studies. Inter alia the project expands the country and time coverage of the world input-output database.