The Relationship between Export and Technological Specialisation Profiles Across EU Countries and Regions and the Identification of Development Potentials

Posted: 22 Mar 2017

See all articles by Fabian Unterlass

Fabian Unterlass

Independent

Andreas Reinstaller

Vienna University of Economics and Business

Klaus Friesenbichler

Austrian Institute of Economic Research

Alexandros Charos

Austrian Institute of Economic Research (WIFO)

Kathrin Hranyai

Austrian Institute of Economic Research (WIFO)

Peter Reschenhofer

Austrian Institute of Economic Research (WIFO)

Anna Strauss

Independent

Sebastian Unterlass

Austrian Institute of Economic Research (WIFO)

Johanna Vogel

Austrian Institute of Economic Research (WIFO)

Agnes Kuegler

Austrian Institute of Economic Research (WIFO)

Stefan Weingärtner

Austrian Institute of Economic Research (WIFO)

Date Written: August 1, 2015

Abstract

The aim of this study is to analyse the development of new industrial specialisations and the process of export diversification both at the country and the regional level for the EU countries over time. It examines to what extent these processes show path dependent properties, whether persistent development trajectories can be shifted in order to avoid structural traps and what role related and unrelated diversification play for the economic performance of regions. Overall, the results of this report and its policy implications underscore that Smart Specialisation policies require a smooth coordination of a larger set of diverse policy measures that take into account both the local context and all the involved players rather than a perfect setup of single policies. In particular, the educational system, specialisation patterns in research and innovation, and foreign direct investments play a key role in diversification processes and should be a constitutive element of Smart Specialisation policies.

Keywords: diversification, smart specialisation, variety, Europe, path dependency, regions

JEL Classification: R10, R11, O10, O14, O25, D62

Suggested Citation

Unterlass, Fabian and Reinstaller, Andreas and Friesenbichler, Klaus and Charos, Alexandros and Hranyai, Kathrin and Reschenhofer, Peter and Strauss, Anna and Unterlass, Sebastian and Vogel, Johanna and Kuegler, Agnes and Weingärtner, Stefan, The Relationship between Export and Technological Specialisation Profiles Across EU Countries and Regions and the Identification of Development Potentials (August 1, 2015). Available at SSRN: https://ssrn.com/abstract=2934787

Fabian Unterlass (Contact Author)

Independent ( email )

No Address Available

Andreas Reinstaller

Vienna University of Economics and Business ( email )

Welthandelsplatz 1
Vienna, Wien 1020
Austria

Klaus Friesenbichler

Austrian Institute of Economic Research ( email )

P.O. Box 91
Wien, A-1103
Austria

Alexandros Charos

Austrian Institute of Economic Research (WIFO) ( email )

P.O. Box 91
Wien, A-1103
Austria

Kathrin Hranyai

Austrian Institute of Economic Research (WIFO) ( email )

P.O. Box 91
Wien, A-1103
Austria

Peter Reschenhofer

Austrian Institute of Economic Research (WIFO) ( email )

P.O. Box 91
Wien, A-1103
Austria

Anna Strauss

Independent ( email )

No Address Available

Sebastian Unterlass

Austrian Institute of Economic Research (WIFO) ( email )

P.O. Box 91
Wien, A-1103
Austria

Johanna Vogel

Austrian Institute of Economic Research (WIFO) ( email )

P.O. Box 91
Wien, A-1103
Austria

Agnes Kuegler

Austrian Institute of Economic Research (WIFO) ( email )

P.O. Box 91
Wien, A-1103
Austria

Stefan Weingärtner

Austrian Institute of Economic Research (WIFO) ( email )

P.O. Box 91
Wien, A-1103
Austria

Register to save articles to
your library

Register

Paper statistics

Abstract Views
286
PlumX Metrics