EBSLG

 

 
European Business Schools Librarian's Group
Home About Series Subject/JEL codes Advanced Search
Department of Economics, WU (Wirtschaftsuniversität Wien) Growth and Employment in Europe: Sustainability and Competitiveness, Department of Economics, WU (Wirtschaftsuniversität Wien)

No 34:
Gaining and Losing Competitive Advantage

Christian Bellak ()

Abstract: Efficient policies to stimulate the competitiveness of firms require knowledge of future firm-strategies and a proper as-sessment of the location advantages of a country or region. Therefore, industry comparative advantage analysis needs to be complemented by firm competitive advantage analysis. This yields four hypotheses of firm strategies on the basis of the existing advantage combination. Detailed empirical analysis of a representative sample of Austrian manufacturing firms during 1990-2000 shows that changes in employment, value-added and exports are in line with the suggested de-velopment. Three of the 3-digit industries lost their advantages while seven industries gained advantages, yet overall in-dustry distribution has been remarkable stable over the four advantage combinations. In terms of number of firms, howe-ver, a large share (30%) of the total population shifts between advantage combinations even during short periods of time. The firm strategies outlined suggest a differentiated policy approach, yet the short-term dynamics revealed empirically imply a high potential for policy failure.

Keywords: Comparative Advantage; Competitiveness; Austria; Manufacturing; (follow links to similar papers)

JEL-Codes: F10,; F23; (follow links to similar papers)

September 2003

PDF Document

Before downloading any of the electronic versions below you should read our statement on copyright.
Download GhostScript for viewing Postscript files and the Acrobat Reader for viewing and printing pdf files.

Downloadable files:

geewp34.pdf    PDF-file
Download Statistics


Report other problems with accessing this service to Sune Karlsson () or Helena Lundin ().

Programing by
Design Joakim Ekebom

Handle: RePEc:wiw:wiwgee:geewp34 This page was generated on 2014-12-14 17:57:33