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Competitiveness of CESEE EU Member States: recent trends and prospects

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Abstract

This short study gives a comprehensive overview of the competitive strengths and weaknesses of the 11 Central, Eastern and Southeastern European (CESEE) EU Member States over the period from 2000 to 2014. It reviews traditional measures such as market share and price developments as well as indicators reflecting non-price competitiveness and the influence of integrated production networks. While the CESEE countries have shown impressive improvements in their competitiveness over the review period, some of these gains are clearly associated with processing high-quality inputs, the transfer of technological and managerial know-how within international production networks and the participation in potent marketing and distribution networks. However, the CESEE countries continue to lag behind Western Europe with respect to infrastructure, institutions and innovation.

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  • Doris Ritzberger-Grünwald & Josef Schreiner & Julia Wörz, 2017. "Competitiveness of CESEE EU Member States: recent trends and prospects," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue Q3/17, pages 31-41.
    • Handle: RePEc:onb:oenbfi:y:2017:i:q3/17:b:2
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    References listed on IDEAS

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    1. Jesús Cuaresma & Harald Oberhofer & Gallina Vincelette, 2014. "Institutional barriers and job creation in Central and Eastern Europe," IZA Journal of European Labor Studies, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 3(1), pages 1-29, December.
    2. Konstant_ns Be_kovskis & Julia Wörz, 2016. "Non-price components of market share gains: evidence for EU countries," Chapters, in: Marek Belka & Ewald Nowotny & Pawel Samecki & Doris Ritzberger-Grünwald (ed.), Boosting European Competitiveness, chapter 6, pages 58-72, Edward Elgar Publishing.
    3. Konstantins Benkovskis & Julia Wörz, 2016. "Non-price competitiveness of exports from emerging countries," Empirical Economics, Springer, vol. 51(2), pages 707-735, September.
    4. Konstantins Benkovskis & Julia Woerz, 2014. ""Made in China" - How Does it Affect Measures of Competitiveness?," Working Papers 2014/04, Latvijas Banka.
    5. Osbat, Chiara & Zollino, Francesco & Aiello, Giovanni & Bluhm, Benjamin & Buelens, Christian & Cavallini, Flavia & Joseph, Andreas & Leonte, Alexandru & Lommatzsch, Kirsten & Momchilov, Georgi & Giord, 2015. "Compendium on the diagnostic toolkit for competitiveness," Occasional Paper Series 163, European Central Bank.
    6. Benkovskis Konstantins & Wörz Julia, 2018. "“Made in China”: how does it affect our understanding of global market shares?," The B.E. Journal of Macroeconomics, De Gruyter, vol. 18(2), pages 1-26, June.
    7. Silgoner, Maria & Steiner, Katharina & Wörz, Julia & Schitter, Christian, 2015. "Fishing in the same pool: Export strengths and competitiveness of China and Central, Eastern and Southeastern Europe at the EU-15 market," China Economic Review, Elsevier, vol. 32(C), pages 68-83.
    8. repec:hhs:bofitp:2012_019 is not listed on IDEAS
    9. repec:ecb:ecbops:2012163 is not listed on IDEAS
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    1. Doris Ritzberger-Grünwald & Josef Schreiner, 2018. "Restarting real economic convergence in CESEE," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue Q3-18, pages 10-23.

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    More about this item

    Keywords

    competitiveness; international production networks; CESEE;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality
    • P52 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Comparative Studies of Particular Economies

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