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The Concept of Competitiveness

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  • John Hawkins

    (Treasury, Government of Australia)

Abstract

A number of concepts of 'competitiveness' are applied to national economies, not always clearly or helpfully. This paper suggests a possible taxonomy of these concepts, and applies them to Australian data. Australia performs well on the internal competitiveness of its markets. It also does well in measures of competitiveness based on other fundamental drivers of economic growth. Other indices of competitiveness, comparing prices and costs in Australia with those overseas, suffer from conceptual and measurement problems and are therefore of limited value.

Suggested Citation

  • John Hawkins, 2006. "The Concept of Competitiveness," Treasury Working Papers 2006-02, The Treasury, Australian Government, revised Apr 2006.
    • Handle: RePEc:tsy:wpaper:wpaper_tsy_wp_2006_2
    as

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    File URL: http://archive.treasury.gov.au/documents/1097/PDF/Treasury_Working_Paper_2006-02_Competitiveness.pdf
    File Function: First version, 2006
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    References listed on IDEAS

    as
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    5. Jacqueline Dwyer & Philip Lowe, 1993. "Alternative Concepts of the Real Exchange Rate: A Reconciliation," RBA Research Discussion Papers rdp9309, Reserve Bank of Australia.
    6. Sala-i-Martin, Xavier, 1997. "I Just Ran Two Million Regressions," American Economic Review, American Economic Association, vol. 87(2), pages 178-183, May.
    7. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
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    Citations

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    Cited by:

    1. Marcin, Piatkowski, 2009. "The Coming Golden Age of New Europe," MPRA Paper 19523, University Library of Munich, Germany.
    2. Bachev, Hrabrin & Koteva, Nina & Ivanov, Bojidar & Mitova, Dilyana & Boevski, Ivan & Terziev, Dimitar & Dimova, Nadejda & Dimitrova, Reneta & Marinov, Petar & Zvyatkova, Daniela & Sarov, Angel & Koste, 2021. "Холистичен Подход За Дефиниране, Оценяване И Подобряване На Конкурентоспособността На Земеделските Стопанства В България [A holistic framework for defining, evaluating, and improving the competitiv," MPRA Paper 111498, University Library of Munich, Germany.
    3. Altena, Pytrik & Heijman, Wim J.M., 2007. "In Search Of Clusters," APSTRACT: Applied Studies in Agribusiness and Commerce, AGRIMBA, vol. 1(01), pages 1-11, September.

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    More about this item

    Keywords

    Competitiveness;

    JEL classification:

    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O56 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Oceania

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