Austria’s Competitiveness and its Determinants. Concepts, Developments, Relative Performance and Policy Options

Weyerstrass, KlausORCID: https://orcid.org/0000-0002-5659-8991; Kluge, JanORCID: https://orcid.org/0000-0002-9294-7255; Lappöhn, SarahORCID: https://orcid.org/0000-0002-6097-8153; Plank, KerstinORCID: https://orcid.org/0000-0001-9235-2246; Schnabl, AlexanderORCID: https://orcid.org/0000-0003-1100-5010; Wimmer, LorenzORCID: https://orcid.org/0000-0002-0305-6785; Zenz, HannesORCID: https://orcid.org/0000-0003-2803-5208 and Wagner, Martin (February 2021) Austria’s Competitiveness and its Determinants. Concepts, Developments, Relative Performance and Policy Options. [Research Report] 175 p.

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Abstract

Austria’s rather poor development in international competitiveness rankings gave rise to questions about the economic concept of competitiveness and about the determinants and policies that can make an economy thrive again. The three modules of this research project aim at finding answers to these questions. They analyze labor costs, labor productivity, total factor productivity (TFP) and economic potential using a wide range of methods including shift-share analysis, panel econometrics, Stochastic Frontier Analysis (SFA) and Data Envelopment Analysis (DEA). The authors gratefully acknowledge the financial support by the Anniversary Fund (“Jubiläumsfonds”) of the Oesterreichische Nationalbank (OeNB).

Item Type: Research Report
Keywords: Competitiveness, TFP, Labour Productivity, Potential, Austria, Data Envelopment Analysis, Stochastic Frontier Analysis.
Funders: Jubiläumsfonds der Oesterreichischen Nationalbank
Classification Codes (e.g. JEL): C23, E24, O47
Research Units: Current Research Groups > Macroeconomics and Business Cycles
Former Research Groups (until 2022) > Regional Science and Environmental Research
Date Deposited: 02 Mar 2021 11:01
Last Modified: 28 Mar 2023 06:43
URI: https://irihs.ihs.ac.at/id/eprint/5685

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