Showing 1 - 10 of 999
It has been argued that the increasing importance of global value chains necessitates a modification of conventional competitiveness measures. We compile a broad dataset including value added trade, gross exports and conventional and value added based real exchange rates. To sharply focus on...
Persistent link: https://www.econbiz.de/10012985331
competition drives less productive firms out the market, thereby increasing average productivity as well as reducing average …
Persistent link: https://www.econbiz.de/10013316662
Payment scale economies affect banking costs, competition in payment services, and pricing. Our scale measure relates … are primarily due to mix, not scale. Also, since standard indicators of competition can give inconsistent results, a …. Existing differences in bank prices (EC report) are associated with small differences in competition …
Persistent link: https://www.econbiz.de/10013149843
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
Increasing fragmentation of production across borders is changing the nature of international competition. As a result …
Persistent link: https://www.econbiz.de/10013072991
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
This paper provides a new cross-country evaluation of competitiveness, focusing on the linkages between productivity and export performance among European economies. We use the information compiled in the Trade module of CompNet to establish new stylized facts regarding the joint distributions...
Persistent link: https://www.econbiz.de/10013020681
What drives external performance of countries? This is a recurring question in academia and policy. The factors underlying export growth are receiving great attention, as countries struggle to grow out of the crisis by increasing exports and as protectionist discourses take foot again. Despite...
Persistent link: https://www.econbiz.de/10012950748
From a conceptual point of view there is little consensus of what should be the 'ideal indicator' of international cost and price competitiveness as each of the standard measures typically employed has its own merits and drawbacks. This calls for addressing the question from an empirical angle,...
Persistent link: https://www.econbiz.de/10014222682