Lohnstückkosten und Wettbewerbsfähigkeit - Eine mikroökonometrische Untersuchung für Ostdeutschland
The paper stresses the value of unit labour costs as an indicator of competitiveness. It is assumed that there are different advantages by using microeconomic data which additionally allow the use of panelregressive methods. The findings for East German enterprises in the manufacturing industry (1998 to 2000) are that unit labour cost are useful for explaining the profit rate. This indicates that East German firms are facing in-price competition which depends clearly of labour costs. But unit labour costs do not explain the success on supraregional markets which are marked by non-in-price competition.
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- Joachim Ragnitz, 2013. "Konvergenz von Wirtschaftsräumen – Eine Illusion?," ifo Dresden berichtet, Ifo Institute for Economic Research at the University of Munich, vol. 20(01), pages 03-04, 02.
- Harald Trabold, 1995. "Die internationale Wettbewerbsfähigkeit einer Volkswirtschaft," Vierteljahrshefte zur Wirtschaftsforschung / Quarterly Journal of Economic Research, DIW Berlin, German Institute for Economic Research, vol. 64(2), pages 169-185.
- Peter Hooper & Elizabeth Vrankovich, 1995. "International comparisons of the levels of unit labor costs in manufacturing," International Finance Discussion Papers 527, Board of Governors of the Federal Reserve System (U.S.).
- Karl Brenke, 2002. "Standortbedingungen in Ostdeutschland verbessert," DIW Wochenbericht, DIW Berlin, German Institute for Economic Research, vol. 69(3), pages 54-60.
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