Measuring External Competitiveness:An Overview
Abstract
The analysis of a country's competitiveness is of great interest to policy makers. Measuring the competitiveness of a country generally requires an assessment of the overall dynamism of the economy, including productivity and GDP growth, as well as the performance of exporting firms in the global market place. The focus of this paper is to outline the methodology commonly used to determine the state of a country's external performance, both the level and trend, and the factors which have contributed to recent developments. The literature shows that while macroeconomic indicators are essential to provide a broad picture of trends, they should be supplemented with an analysis using microeconomic data. We report on recent work analyzing Italy's external competitiveness which highlights some negative trends, including a loss of export market share, but also shows that there are some positive developments in terms of quality upgrading and firm restructuring. Finally, some preliminary estimates of the potential impact of the recent crisis on external competitiveness are presented using methods of multivariate analysis.Download Info
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.Bibliographic Info
Paper provided by Department of the Treasury, Ministry of the Economy and of Finance in its series Working Papers with number 2.Length: 55
Date of creation:
Date of revision:
Handle: RePEc:itt:wpaper:wp2010-2
Contact details of provider:
Email:
Web page: http://www.dt.tesoro.it
More information through EDIRC
Related research
Keywords: Competitiveness; Exports; FDI; International Trade;Find related papers by JEL classification:
- F1 - International Economics - - Trade
- F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business
References
References listed on IDEASPlease report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Michele Ca’ Zorzi & Bernd Schnatz, 2007. "Explaining and forecasting euro area exports - which competitiveness indicator performs best?," Working Paper Series 833, European Central Bank.
- Matteo Bugamelli & Fabiano Schivardi & Roberta Zizza, 2010.
"The Euro and Firm Restructuring,"
NBER Chapters,
in: Europe and the Euro, pages 99-138
National Bureau of Economic Research, Inc.
- Matteo Bugamelli & Fabiano Schivardi & Roberta Zizza, 2010. "The euro and Firm Restructuring," Working Papers CELEG 1001, Dipartimento di Economia e Finanza, LUISS Guido Carli.
- Matteo Bugamelli & Fabiano Schivardi & Roberta Zizza, 2008. "The Euro and Firm Restructuring," NBER Working Papers 14454, National Bureau of Economic Research, Inc.
- Matteo Bugamelli & Fabiano Schivardi & Roberta Zizza, . "The euro and firm restructuring," Working Papers 10, Department of the Treasury, Ministry of the Economy and of Finance.
- Matteo Bugamelli & Fabiano Schivardi & Roberta Zizza, 2009. "The euro and firm restructuring," Temi di discussione (Economic working papers) 716, Bank of Italy, Economic Research and International Relations Area.
- Bugamelli, Matteo & Schivardi, Fabiano & Zizza, Roberta, 2010. "The Euro and Firm Restructuring," CEPR Discussion Papers 7623, C.E.P.R. Discussion Papers.
- Fagerberg, Jan & Srholec, Martin & Knell, Mark, 2007. "The Competitiveness of Nations: Why Some Countries Prosper While Others Fall Behind," World Development, Elsevier, vol. 35(10), pages 1595-1620, October.
- Anita Wölfl & Isabelle Wanner & Tomasz Kozluk & Giuseppe Nicoletti, 2009. "Ten Years of Product Market Reform in OECD Countries: Insights from a Revised PMR Indicator," OECD Economics Department Working Papers 695, OECD Publishing.
- Castellani Davide & Giovannetti Giorgia, 2008. "Imprese internazionalizzate e produttività: il ruolo delle competenze organizzative e manageriali," L'industria, Società editrice il Mulino, issue 3, pages 385-404.
- Filippo di Mauro & Katrin Forster, 2008.
"Globalisation and the competitiveness of the euro area,"
Occasional Paper Series
97, European Central Bank.
- Filippo Di Mauro & Katrin Forster, . "Globalisation and the competitiveness of the Euro area," Working Papers 5, Department of the Treasury, Ministry of the Economy and of Finance.
- Zemanek, Holger & Belke, Ansgar & Schnabl, Gunther, 2009.
"Current Account Imbalances and Structural Adjustment in the Euro Area: How to Rebalance Competitiveness,"
IZA Policy Papers
7, Institute for the Study of Labor (IZA).
- Holger Zemanek & Ansgar Belke & Gunther Schnabl, 2009. "Current Account Imbalances and Structural Adjustment in the Euro Area: How to Rebalance Competitiveness," CESifo Working Paper Series 2639, CESifo Group Munich.
- Holger Zemanek & Ansgar Belke & Gunther Schnabl, 2009. "Current Account Imbalances and Structural Adjustment in the Euro Area: How to Rebalance Competitiveness," Discussion Papers of DIW Berlin 895, DIW Berlin, German Institute for Economic Research.
- Sergio de Nardis & Carmine Pappalardo, 2009. "Export, Productivity and Product Switching: The Case of Italian Manufacturing Firms," ISAE Working Papers 110, ISTAT - Italian National Institute of Statistics - (Rome, ITALY).
- Furceri, Davide & Mourougane, Annabelle, 2012.
"The effect of financial crises on potential output: New empirical evidence from OECD countries,"
Journal of Macroeconomics,
Elsevier, vol. 34(3), pages 822-832.
- Davide Furceri & Annabelle Mourougane, 2009. "The Effect of Financial Crises on Potential Output: New Empirical Evidence from OECD Countries," OECD Economics Department Working Papers 699, OECD Publishing.
- Michele Di Maio & Federico Tamagni, 2006. "The evolution of world trade and the Italian ‘anomaly': a new look," Working Papers 39-2006, Macerata University, Department of Finance and Economic Sciences, revised Oct 2008.
- Zarnic, Ziga & Bennett, Herman, 2009.
"International competitiveness of the Mediterranean quartet: a heterogeneous-product approach,"
Open Access publications from Katholieke Universiteit Leuven
urn:hdl:123456789/296233, Katholieke Universiteit Leuven.
- Herman Z Bennett & Ziga Zarnic, 2009. "International Competitiveness of the Mediterranean Quartet: A Heterogeneous-Product Approach," IMF Staff Papers, Palgrave Macmillan, vol. 56(4), pages 919-957, November.
- Herman Z. Bennett & Ziga Zarnic, 2008. "International Competitiveness of the Mediterranean Quartet:A Heterogeneous-Product Approach," IMF Working Papers 08/240, International Monetary Fund.
- Calabrese Giuseppe & Vitali Giampaolo, 2007. "Dimensione d'impresa, specializzazione settoriale e competitività internazionale: un'analisi sui bilanci delle imprese europee," L'industria, Società editrice il Mulino, issue 1, pages 135-162.
- Jay Squalli & Kenneth Wilson & Sarah Hugo, 2008. "An analysis of growth competitiveness," International Review of Applied Economics, Taylor and Francis Journals, vol. 22(1), pages 105-126.
- Bogdan Lissovolik & Julio Escolano & Stefania Fabrizio & Werner Schule & Herman Z. Bennett & Stephen Tokarick & Yuan Xiao & Marialuz Moreno Badia & Eva Gutierrez & Iryna V. Ivaschenko, 2008. "Competitiveness in the Southern Euro Area: France, Greece, Italy, Portugal, and Spain," IMF Working Papers 08/112, International Monetary Fund.
- Subir Lall & Roberto Cardarelli & Selim Elekdag, 2009. "Financial Stress, Downturns, and Recoveries," IMF Working Papers 09/100, International Monetary Fund.
- Matteo Bugamelli, 2007. "Prezzi delle esportazioni, qualità dei prodotti e caratteristiche di impresa: un'analisi su un campione di imprese italiane," ECONOMIA E POLITICA INDUSTRIALE, FrancoAngeli Editore, vol. 2007(3), pages 71-103.
- J Peter Neary, 2005.
"Measuring Competitiveness,"
Working Papers
200521, School Of Economics, University College Dublin.
- J. Peter Neary, 2006. "Measuring Competitiveness," The Economic and Social Review, Economic and Social Studies, vol. 37(2), pages 197-213.
- Neary, J Peter, 2006. "Measuring Competitiveness," CEPR Discussion Papers 5982, C.E.P.R. Discussion Papers.
- J. Peter Neary, 2006. "Measuring Competitiveness," IMF Working Papers 06/209, International Monetary Fund.
- K V Bhanu Murthy, 2004. "Arguing A Case For The Cobb-Douglas Production Function," Econometrics 0409012, EconWPA.
- Hoggarth, Glenn & Reis, Ricardo & Saporta, Victoria, 2002.
"Costs of banking system instability: Some empirical evidence,"
Journal of Banking & Finance,
Elsevier, vol. 26(5), pages 825-855, May.
- Glenn Hoggarth & Ricardo Reis & Victoria Saporta, 2001. "Costs of banking system instability: some empirical evidence," Bank of England working papers 144, Bank of England.
Citations
Lists
This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.Statistics
Access and download statisticsCorrections
When requesting a correction, please mention this item's handle: RePEc:itt:wpaper:wp2010-2For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marina Sabatini).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.

