Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/204207
Authors: 
Heimberger, Philipp
Year of Publication: 
2018
Series/Report no.: 
wiiw Research Report 435
Abstract: 
Based on a panel data set for 38 European countries over the period 1995-2014 and by using the definition of 'foundational competitiveness', which we operationalise as GDP per working-age individual at PPP, this paper analyses how much trading partners matter for the national competitiveness of European countries. Results based on a growth regression framework show that higher growth of trading partners' competitiveness has a positive impact on the growth of national competitiveness. We find evidence that there are diminishing national returns to increasingly competitive trading partners, but we cannot find strong evidence for a lock-in effect of Austria with the CESEE region. Furthermore, regression results on the determinants of the Austrian bilateral export market shares with European trading partners over 1995-2016 provide evidence that Austria's export performance is sensitive to changes in its trading partners' business cycle position, but not more sensitive than that for other selected eurozone countries.
Subjects: 
competitiveness
export performance
exports
trade
Austria
Europe
JEL: 
F14
L60
L80
Document Type: 
Research Report

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