Fishing in the Same Pool? Export Strengths and Competitiveness of China and CESEE in the EU-15 Market

35 Pages Posted: 19 Jul 2013

See all articles by Maria Antoinette Silgoner

Maria Antoinette Silgoner

Oesterreichische Nationalbank (OeNB)

Katharina Steiner

Oesterreichsiche Nationalbank (OeNB)

Julia Wörz

Oesterreichische Nationalbank (OeNB)

Christian Schitter

University of Graz

Date Written: May 24, 2013

Abstract

We investigate the impact of China as a global competitor on the trade performance of the ten Central, Eastern and Southeastern European EU Member States (CESEE-10) in the EU-15 market. The paper takes a comprehensive approach as we analyze export growth, export market shares, extensive and intensive margins and the dynamics in the number of joint trade links (Dynamic Trade Link Analysis) from 1995 to 2010. According to our findings, the most contested markets are those for capital goods and transport equipment. Overall, competition between CESEE-10 and China intensified as a result of their outstanding competitiveness and the continuous deepening of already existing trade relationships, while cutthroat competition has not materialized. While this suggests that the CESEE countries pursue a suitable export strategy, diversification of production toward promising new industries and markets remains essential, not least because the EU-15 market is projected to grow at a slower pace in the longer run.

Keywords: Competitiveness, trade shift-share analysis, Central, Eastern and Southeastern Europe, China

JEL Classification: F14, F15, O57

Suggested Citation

Silgoner, Maria Antoinette and Steiner, Katharina and Wörz, Julia and Schitter, Christian, Fishing in the Same Pool? Export Strengths and Competitiveness of China and CESEE in the EU-15 Market (May 24, 2013). ECB Working Paper No. 1559. Available at SSRN: https://ssrn.com/abstract=2269646

Maria Antoinette Silgoner (Contact Author)

Oesterreichische Nationalbank (OeNB) ( email )

Otto-Wagner-Platz 3
1090 Vienna
Austria

Katharina Steiner

Oesterreichsiche Nationalbank (OeNB) ( email )

Otto-Wagner-Platz 3, PO Box 61
Vienna, A-1011
Austria

Julia Wörz

Oesterreichische Nationalbank (OeNB) ( email )

Otto-Wagner-Platz 3, PO Box 61
Vienna,
1010 Vienna, A-1011
Austria

Christian Schitter

University of Graz ( email )

Austria

Register to save articles to
your library

Register

Paper statistics

Downloads
32
Abstract Views
330
PlumX Metrics