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Increasing fragmentation of production across borders is changing the nature of international competition. As a result, conventional indicators of competitiveness based on gross exports become less informative and new measures are needed. In this paper we propose an ex-post accounting framework...
Persistent link: https://www.econbiz.de/10013072991
and export performance among European economies. We use the information compiled in the Trade module of CompNet to …-exporters. However, this productivity premium is rising with the export experience of firms, with permanent exporters being much more …
Persistent link: https://www.econbiz.de/10013020681
underlying export growth are receiving great attention, as countries struggle to grow out of the crisis by increasing exports and … investigate the drivers of export market shares of 25 EU countries, considering a wide range of traditional indicators along with … novel ones developed within the CompNet Competitiveness Research Network. We find that export market share growth is linked …
Persistent link: https://www.econbiz.de/10012950748
While there are many methods to measure the competitiveness of an economy, most of these concepts ignore the fact that competitiveness can change because of market processes like wage negotiation but also because of political decision-making. Governments that compete with others for factors of...
Persistent link: https://www.econbiz.de/10013081457
In this paper a semiparametric stochastic metafrontier approach is used to obtain insight into firm-level competitiveness in Europe. We differ from standard TFP studies at the firm level as we simultaneously allow for inefficiency, noise and do not impose a functional form on the input-output...
Persistent link: https://www.econbiz.de/10013051166
The Euro Plus Pact was approved by 23 EU countries in March 2011 and came into force shortly afterwards. The Pact stipulates a range of quantitative targets meant to strengthen cost competitiveness with the aim of preventing the accumulation of external financial imbalances. This paper uses...
Persistent link: https://www.econbiz.de/10013058551
explanatory power of export equations. Value added exports' sensitivity towards real exchange rates is up to four times higher …
Persistent link: https://www.econbiz.de/10012985331
What determines a country's ability to compete in international markets? What fosters the global competitiveness of its firms? And in the European context, have key elements of the EU strategy such as EMU and enlargement helped or hindered domestic firms' competitiveness in local and global...
Persistent link: https://www.econbiz.de/10013316662
export developments. This paper constitutes a first attempt to systematically compare the properties of the alternative cost …
Persistent link: https://www.econbiz.de/10014222682
Payment scale economies affect banking costs, competition in payment services, and pricing. Our scale measure relates operating cost to physical measures of European banking "output", finding large economies. This differs from relating total cost to the value of balance sheet assets (the...
Persistent link: https://www.econbiz.de/10013149843