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Measuring international competitiveness: The case of the European food industry

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  • Traill, Bruce
  • da Silva, Joao Gomes

Abstract

Indices of international competitiveness are generally trade based, such as the index of revealed comparative advantage. This paper argues that international production should be taken into account in the measurement of international competitiveness in an age when it often exceeds trade. Consequently, based on alternative views of the relative importance of inward and outward foreign production, various modifications of traditional indices are presented and discussed. An empirical application carried out for the food processing sectors of France, Germany, Italy and the United Kingdom, shows that the modified indices differ substantially from the conventional ones in both the level and, more importantly, the trends in the competitiveness measures.

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Bibliographic Info

Article provided by Elsevier in its journal International Business Review.

Volume (Year): 5 (1996)
Issue (Month): 2 (April)
Pages: 151-166

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Handle: RePEc:eee:iburev:v:5:y:1996:i:2:p:151-166

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Related research

Keywords: International Competitiveness International Trade Foreign Direct Investment Food Industry;

References

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  1. Kojima, Kiyoshi, 1982. "Macroeconomic versus International Business Approach to Direct Foreign Investment," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 23(1), pages 1-19, June.
  2. V N Balasubramanyam, . "Entrepreneurship and the Growth of the Firm: The Case of the British Food and Drink Firms," Working Papers ec8/91, Department of Economics, University of Lancaster.
  3. Kravis, Irving B & Lipsey, Robert E, 1992. "Sources of Competitiveness of the United States and of Its Multinational Firms," The Review of Economics and Statistics, MIT Press, vol. 74(2), pages 193-201, May.
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Citations

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Cited by:
  1. George Anastassopoulos, 2003. "MNE subsidiaries versus domestic enterprises: an analysis of their ownership and location-specific advantages," Applied Economics, Taylor & Francis Journals, vol. 35(13), pages 1505-1514.
  2. Kristina Toming, 2006. "Accession To The Eu: Did It Boost The Export Competitiveness Of The Estonian Food Processing Industry?," University of Tartu - Faculty of Economics and Business Administration Working Paper Series 47, Faculty of Economics and Business Administration, University of Tartu (Estonia).
  3. G. Anastassopoulos & W. B. Traill, 1998. "Determinants of foreign entry strategies in Greek food industry," Agribusiness, John Wiley & Sons, Ltd., vol. 14(4), pages 267-279.
  4. Christian Fischer & Sebastian Schornberg, 2007. "Assessing the competitiveness situation of EU food and drink manufacturing industries: An index-based approach," Agribusiness, John Wiley & Sons, Ltd., vol. 23(4), pages 473-495.
  5. Kuhar, Ales & Erjavec, Emil & Borovsak, Katarina, 2012. "Restructuring Of The Slovenian Food Industry In The Pre - And Post Eu-Accession Period," 132nd Seminar, October 25-27, 2012, Skopje, Republic of Macedonia 139495, European Association of Agricultural Economists.
  6. Long, Ruyin & Chen, Hong & Li, Huijuan & Wang, Fei, 2013. "Selecting alternative industries for Chinese resource cities based on intra- and inter-regional comparative advantages," Energy Policy, Elsevier, vol. 57(C), pages 82-88.
  7. Banterle, Alessandro & Carraresi, Laura, 2006. "International trade and competitiveness analysis in the European Union: the case of prepared meat sector," 98th Seminar, June 29-July 2, 2006, Chania, Crete, Greece 10058, European Association of Agricultural Economists.

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