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Austria's Competitiveness in Trade in Services

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  • Julia Woerz

    (wiiw)

Abstract

Trade in services is a rapidly growing phenomenon. Consequently, the question of individual countries? competitiveness in trade in services is of increasing importance. In this paper we describe patterns of competitiveness in services sectors for EU members over the period 1995 to 2005, differentiating between 11 individual service activities. We find a clear East-West divide in general and especially for Austria's strengths and weaknesses in the services sector. Austria's competitiveness lies in traditional, yet globally declining sectors such as transport and travel and is weak in industries such as insurance, computer and information, communication services and royalties and licence fees. The latter two industries are characterized by above-average levels of competitiveness within the EU. We then investigate the influence of factors such as labour productivity, unit labour costs, industry size and skill endowments for services sector competitiveness in the EU member states.

Suggested Citation

  • Julia Woerz, 2008. "Austria's Competitiveness in Trade in Services," FIW Research Reports series I-003, FIW.
    • Handle: RePEc:wsr:ecbook:2008:i:i-003
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    References listed on IDEAS

    as
    1. V. Brandicourt & C. Schwellnus & Julia Woerz, 2008. "Austria's Potential for Trade in Services," FIW Research Reports series I-002, FIW.
    2. Marcel P. Timmer & Mary O’Mahony & Bart van Ark, 2007. "EU KLEMS Growth and Productivity Accounts: An Overview," International Productivity Monitor, Centre for the Study of Living Standards, vol. 14, pages 71-85, Spring.
    3. Julia Woerz & Olga Pindyuk, 2008. "Trade in Services: Note on the Measurement and Quality of Data Sources," FIW Research Reports series I-001, FIW.
    4. Thomas Hatzichronoglou, 1996. "Globalisation and Competitiveness: Relevant Indicators," OECD Science, Technology and Industry Working Papers 1996/5, OECD Publishing.
    5. Karl Aiginger & Michael Landesmann, 2002. "Competitive Economic Performance: USA versus EU," wiiw Research Reports 291, The Vienna Institute for International Economic Studies, wiiw.
    6. Marcel P. Timmer, 2000. "The Dynamics of Asian Manufacturing," Books, Edward Elgar Publishing, number 1927.
    7. Thomas Vollrath, 1991. "A theoretical evaluation of alternative trade intensity measures of revealed comparative advantage," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 127(2), pages 265-280, June.
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    Cited by:

    1. Tanja Goodwin & Martha Denisse Pierola, 2015. "Export Competitiveness," World Bank Publications - Reports 23658, The World Bank Group.
    2. Irma Cristina Espitia Moreno & Andrea Samanta Méndez Maya & Salvador Cruz Aké, 2019. "Factores Determinantes de las Exportaciones de Servicios de Telecomunicaciones, Informática y de Información para Países de la OCDE, 2006-2014," Revista de la Facultad de Contaduría y Ciencias Administrativas, Universidad Michoacana de San Nicolás de Hidalgo, Facultad de Contaduría y Ciencias Administrativas, vol. 4(8), pages 130-143, December.
    3. Marie-Line Duboz & Nathalie Kroichvili & Julie Le Gallo, 2016. "Do Foreign Investors’ Location Determinants in Service Functions Differ According to Sectors? An Empirical Analysis of EU for 1997 to 2011," International Regional Science Review, , vol. 39(4), pages 417-456, October.

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    More about this item

    Keywords

    export of services; trade in services; comparative advantage; competitiveness;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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