000 02550nam a22004097u 4500
001 pwiiw4631
003 OSt
005 20260516120039.0
008 181019t2018 au ||||| |||| 00| ||eng d
040 _cOSt
041 _aeng
084 _aD24
_aF14
_aF41
_aE64
_2jelc
100 1 _aGhodsi, Mahdi
245 1 0 _aAustria’s Economic Competitiveness in a Neighbourhood Context: Is Austria’s Economy Locked-in to the CESEE Region?
260 _aWien :
_bWiener Institut für Internationale Wirtschaftsvergleiche (wiiw),
_c2018.
300 _a21 S.,
_b11 Figures,
_c30cm.
490 1 _awiiw Policy Notes and Reports
_v26
520 _aSince the Eastern enlargement of the EU in 2004, Austria has lost global export market shares. At the same time exports to Central, East and Southeast Europe (CESEE) have gained a significant portion of Austria’s total exports. Moreover, in recent years Austrian GDP growth has slowed down and unemployment increased. In this context our main research question is whether the opening to the East has had a structural lock-in effect for Austria’s economy. In a novel approach on the territorial lock-in effect we apply a multi-perspective view from a microeconomic (firm-level), mesoeconomic (industry-level) and macroeconomic (country-level) perspective. The major finding is that by and large Austria is not subject to a lock-in effect into CESEE markets. On the contrary, the results suggest a growing internationalisation of the Austrian export structure. Nevertheless, policy recommendations that aim at further improving Austria’s competitiveness include a productivity‑oriented wage policy, an industrial policy that aims at technological upgrading, support for European policy measures that speed up income convergence across the continent as well as additional measures to internationalise Austrian businesses with a focus on the booming emerging markets in India and Africa.
650 _acompetitiveness
650 _alock-in effect
650 _atotal factor productivity
650 _avalue added trade
650 _areal exchange rate
650 _aEastern Europe
650 _aAustria
651 _aAustria
651 _aCESEE
690 _aInternational Trade, Competitiveness and FDI
700 1 _aHanzl-Weiss, Doris
700 1 _aHolzner, Mario
700 1 _aPindyuk, Olga
700 1 _aStöllinger, Roman
700 1 _aHeimberger, Philipp
830 0 _v26
_wWIIW0000092
_twiiw Policy Notes and Reports
856 4 0 _uhttps://wiiw.ac.at/p-4631.html
942 _cP
999 _c8553
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