Drivers and Obstacles to Competitiveness in the EU: The Role of Value Chains and the Single Market

382 Pages Posted: 4 Apr 2019

See all articles by Klaus Friesenbichler

Klaus Friesenbichler

Austrian Institute of Economic Research; Austrian Institute of Economic Research (WIFO)

Christian Glocker

Austrian Institute of Economic Research (WIFO)

Werner Hölzl

Austrian Institute of Economic Research (WIFO)

Serguei Kaniovski

Austrian Institute of Economic Research (WIFO)

Agnes Kuegler

Austrian Institute of Economic Research (WIFO)

Andreas Reinstaller

Vienna University of Economics and Business

Gerhard Streicher

WIFO

Robert Stehrer

Vienna Institute of International Economic Studies (WIIW)

Roman Stöllinger

Vienna Institute of International Economic Studies (WIIW)

Sandra Leitner

Vienna Institute of International Economic Studies (WIIW)

Doris Hanzl-WeiB

Vienna Institute of International Economic Studies (WIIW)

Oliver Reiter

Vienna Institute of International Economic Studies (WIIW)

Amat Adarov

affiliation not provided to SSRN

Alexandra Bykova

affiliation not provided to SSRN

Iulia Siedschlag

Economic and Social Research Institute Dublin; Trinity College Dublin - Department of Economics

Mattia Di Ubaldo

Economic and Social Research Institute (ESRI)

Zuzanna Studnicka

KU Leuven

Date Written: July 21, 2017

Abstract

This report offers an extensive analysis of the effects of the EU Single Market. It sheds light on four interrelated aspects: It first reveals the asymmetric economic performance across member countries, which also mirrors structural differences. These differences in economic outcomes are next confronted with measures of the Single Market, economic institutions, changes in demand patterns, industrial turbulence and producer price developments. Next, the changes in value chains are tracked over time, and also put into a global perspective. Eventually, firm level evidence complements the findings. The results are highly relevant for economic policies at the member country and the EU level.

Keywords: Europe, EU, Single Market, integration, value chains, linkages, WIOD, tradable, nontradable, productivity, growth, productivity

JEL Classification: F02, F15, F41, F43, L25, O43, O47, C67,

Suggested Citation

Friesenbichler, Klaus and Glocker, Christian and Hölzl, Werner and Kaniovski, Serguei and Kuegler, Agnes and Reinstaller, Andreas and Streicher, Gerhard and Stehrer, Robert and Stöllinger, Roman and Leitner, Sandra and Hanzl-WeiB, Doris and Reiter, Oliver and Adarov, Amat and Bykova, Alexandra and Siedschlag, Iulia and Di Ubaldo, Mattia and Studnicka, Zuzanna, Drivers and Obstacles to Competitiveness in the EU: The Role of Value Chains and the Single Market (July 21, 2017). Available at SSRN: https://ssrn.com/abstract=3351216 or http://dx.doi.org/10.2139/ssrn.3351216

Klaus Friesenbichler (Contact Author)

Austrian Institute of Economic Research ( email )

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

Austrian Institute of Economic Research (WIFO) ( email )

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

Christian Glocker

Austrian Institute of Economic Research (WIFO) ( email )

Arsenal, Objekt 20
Vienna, 1030
Austria

Werner Hölzl

Austrian Institute of Economic Research (WIFO) ( email )

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

Serguei Kaniovski

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

Andreas Reinstaller

Vienna University of Economics and Business ( email )

Welthandelsplatz 1
Vienna, Wien 1020
Austria

Gerhard Streicher

WIFO ( email )

P.O. Box 91
Wien, A-1103
Austria
+43 1 7982601 272 (Phone)

Robert Stehrer

Vienna Institute of International Economic Studies (WIIW) ( email )

A-1010 Vienna
Austria

Roman Stöllinger

Vienna Institute of International Economic Studies (WIIW) ( email )

Oppolzergasse 6
A-1010 Vienna
Austria

Sandra Leitner

Vienna Institute of International Economic Studies (WIIW) ( email )

Oppolzergasse 6
A-1010 Vienna
Austria

Doris Hanzl-WeiB

Vienna Institute of International Economic Studies (WIIW) ( email )

A-1010 Vienna
Austria

Oliver Reiter

Vienna Institute of International Economic Studies (WIIW) ( email )

Oppolzergasse 6
A-1010 Vienna
Austria

Amat Adarov

affiliation not provided to SSRN

No Address Available

Alexandra Bykova

affiliation not provided to SSRN

Iulia Siedschlag

Economic and Social Research Institute Dublin ( email )

Whitaker Square
Sir John's Rogerson Quay
Dublin
Ireland

Trinity College Dublin - Department of Economics ( email )

Dublin
Ireland

Mattia Di Ubaldo

Economic and Social Research Institute (ESRI) ( email )

Whitaker square Sir john Rogerson's Quay
Dublin 2
Dublin
Ireland

Zuzanna Studnicka

KU Leuven ( email )

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