Ökonomische Theorie der internationalen Wettbewerbsfähigkeit von Volkswirtschaften

Reichel, Richard

doi:10.1007/978-3-322-84803-1_5

Cited by 5 publications

(7 citation statements)

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“…Besides this confusing dichotomous usage of the term, most definitions capture competitiveness in a multidimensional setting, which induces additional problems in identifying what exactly means to be competitive, and at which level it should be measured. Therefore, the main criticisms in the literature regarding this concept 5" " point to issues such as the arbitrary nature of measures employed, aggregation issues, and great conceptual overlap with productivity measures (Krugman, 1994;Jenkins, 1998;Reichel, 2002).…”

Section: Systems-economic Competitiveness Nexusmentioning

confidence: 99%

Science, technology, and innovation for economic competitiveness: The role of smart specialization in less-developed countries

Krammer

2017

Technological Forecasting and Social Change

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ABSTRACT:Smart specialization (SS) is a policy concept that has gained significant momentum in Europe despite a frail theoretical background and implementation difficulties. These challenges become critical in the case of less-developed economies that often lack regional autonomy, a strong STI base, and local capabilities to identify and sustain such SS strategies. Combining elements from evolutionary economics and the export-led literature, I propose a framework that anchors the role of SS in the national innovation policy of such laggards, as a complementary avenue for improving competitiveness and growth. Moreover, to assist policy makers in lagging regions or countries, I advance a diagnostic tool to identify potential areas for SS, and also address the systemic and the regional-sectoral bottlenecks in these domains. I exemplify the use of this tool in the case of Bulgaria by using a large battery of quantitative and qualitative indicators from publicly available data. This type of investigation may be useful for other less-developed economies to kick-start this process and identify prima facie SS candidates.

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Section: Systems-economic Competitiveness Nexusmentioning

confidence: 99%

Science, technology, and innovation for economic competitiveness: The role of smart specialization in less-developed countries

Krammer

2017

Technological Forecasting and Social Change

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“…Competitiveness is measured in form of world trade shares following Balassa (1965), Reichel (2002) and Böhringer and Alexeeva-Talebi (2011). According to Note that fossil fuels (COL, GAS, CRU) denote extraction and production in Europe or further processing in Europe (OIL).…”

Section: Fragmented Actionmentioning

confidence: 99%

The EU Decarbonisation Roadmap 2050—What way to walk?

Hübler

Löschel

2013

Energy Policy

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Die Dis cus si on Pape rs die nen einer mög lichst schnel len Ver brei tung von neue ren For schungs arbei ten des ZEW. Die Bei trä ge lie gen in allei ni ger Ver ant wor tung der Auto ren und stel len nicht not wen di ger wei se die Mei nung des ZEW dar.Dis cus si on Papers are inten ded to make results of ZEW research prompt ly avai la ble to other eco no mists in order to encou ra ge dis cus si on and sug gesti ons for revi si ons. The aut hors are sole ly respon si ble for the con tents which do not neces sa ri ly repre sent the opi ni on of the ZEW. Non-technical SummaryThe objective of this study is the economic analysis of the Decarbonisation Roadmap 2050, recently published by the EU Commission. The Decarbonisation Roadmap is the latest strategy to make the decarbonisation of the EU reality. It aims at a reduction in greenhouse gas emissions of more than 80% in 2050 vis-à-vis 1990 and an expansion of renewable energies to 50% or more in electricity generation in 2050. Since there is a lack in detailed economic analysis of this latest EU climate strategy so far, our study aims at shedding more light on it at the sectoral and the macro level.Compared to the EU Roadmap simulations, we examine especially welfare effects, carbon leakage and terms of trade on the macro level, and output, investment, emissions and competitiveness on the sectoral level.For this purpose, our study significantly extends the Computable General Equilibrium (CGE) model PACE (Policy Analysis based on Computable Equilibrium) developed at ZEW Mannheim: The model combines an extended sectoral disaggregation (beyond GTAP 7, Global Trade Analysis Project) with a bottom-up representation of technologies for electricity generation. It represents current EU climate policies as well as Copenhagen Pledges for 2020 in a new reference scenario and extends the time horizon of the model from 2020 to 2050. The recursive-dynamic model is recalibrated in dynamic terms using data from the European Commission and the U.S. Energy Information Administration. We study one Reference scenario and six policy scenarios implementing the Roadmap emissions targets (Fragmented Action; Fragmented Action with sustained free allocation of allowances; Fragmented Action with extended future use of the Clean Development Mechanism, CDM; Global Action, Global Action with equalisation of the CO2 price within the EU; Global Action with global equalisation of the CO2 price) and discuss and compare the results. Herein, we contribute to the literature on EU climate policy analyses with the help of CGE models and to the literature of longterm integrated assessment studies as well.The simulation of the Fragmented Action scenario yields the following key results: The costs for the EU-27 induced by the Decarbonisation Roadmap could stay below 0.3% until 2020 and below 2% until 2035 in terms of consumption losses (or welfare effects). They might increase to 3% thereafter and possibly increase significantly in later periods in the absence of breakthrough technologies. The internatio...

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“…Yet, the notion of competitiveness misses a well‐defined conceptual framework and remains rather susceptible for ambiguities. As a basic orientation, scientific research distinguishes between competitiveness determinants governing the ability to compete and competitiveness indicators describing the outcome of competitiveness such as international trade performance or profitability (Reichel, 2002; Aiginger, 2006). For our impact assessment of climate policy interference, we adopt the outcome‐based competitiveness notion and review the literature on appropriate sectoral and economy‐wide competitiveness indicators.…”

Section: Competitiveness Indicatorsmentioning

confidence: 99%

“…There are meanwhile numerous surveys of competitiveness terminologies at the economy‐wide level (see e.g. Reichel, 2002; Aiginger, 2006; Siggel, 2007).…”

Section: Competitiveness Indicatorsmentioning

confidence: 99%

Unilateral Climate Policy and Competitiveness: Economic Implications of Differential Emission Pricing

Böhringer

Alexeeva-Talebi

2012

World Economy

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Unilateral climate policy raises concerns about international competitiveness and emission leakage that result in preferential regulatory treatment of domestic energy‐intensive and trade‐exposed (EITE) industries. Our applied analysis of unilateral EU abatement illustrates the potential pitfalls of climate policy design which narrowly focuses on competitiveness concerns about EITE industries. The sector‐specific gains of differential emission pricing in favour of these branches must be traded off with the additional burden imposed on other industries. From the perspective of the unilaterally abating region preferential EITE emission pricing can induce non‐negligible excess cost as policy concedes (too) low emission prices to EITE industries and thereby foregoes relatively cheap abatement options in these sectors. With respect to global cost‐effectiveness of unilateral climate policy, we find that differential emission pricing in favour of EITE industries can reduce emission leakage and thereby provide global cost savings compared with uniform pricing. However, the scope for cost savings is limited and may change into substantial cost increases if unilateral reduction targets are moderate and EITE industries get close to exemptions.

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Ökonomische Theorie der internationalen Wettbewerbsfähigkeit von Volkswirtschaften

Cited by 5 publications

References 0 publications

Science, technology, and innovation for economic competitiveness: The role of smart specialization in less-developed countries

Science, technology, and innovation for economic competitiveness: The role of smart specialization in less-developed countries

The EU Decarbonisation Roadmap 2050—What way to walk?

Unilateral Climate Policy and Competitiveness: Economic Implications of Differential Emission Pricing

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