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Aktuelle Projekte: Klaus S. Friesenbichler(3 hits)

Klaus S. Friesenbichler (Project co-ordinator), Import Competition and Industrial Competitiveness. Evidence for the EU and Austria

Current research studies (work in progress)
International trade is generally seen by economists as a vehicle to accelerate productivity growth and employment in all trading countries, and to benefit consumers in each country via greater product variety. However, under certain conditions the benefits of trade may not be equally shared. In recent years criticism has mounted in the USA that import competition from China would hurt US manufacturing employment and holds back US innovation in manufacturing industries. David Autor and co-authors provided evidence for such negative effects of foreign competition on regional employment in the USA. Evidence from the USA, however, can hardly be transferred to Europe due to differences in industrial structures and technological capabilities. It remains unclear if and how the competitiveness of Austrian manufacturing firms, employment and wage dynamics were affected by import competition in the past decade. We study the resilience of firms and regions (or possibly the lack thereof) to import competition from BRICS and especially China in Europe, and also pay special attention to the Austrian situation. The analyses cover the regional level (NUTS 2 in Europe and NUTS 4 in Austria), the industry and the firm level. The analysis at the EU level allows putting the results for Austria into a broader perspective. The research team is able to draw on a wealth of data that allows exploring the impact of foreign competition on Europe and Austria in a variety of ways. The data sets proposed include unique micro-data on strategies of Austrian manufacturing firms and unique data sets that allow the analysis of EU regions at a fine level of sectoral disaggregation.
Commissioned by: Anniversary Fund of the Oesterreichische Nationalbank
Study by: Austrian Institute of Economic Research

Klaus S. Friesenbichler (Project co-ordinator), Österreichs Wettbewerbsfähigkeit (Vortrag)

Current research studies (work in progress)
Der Vortrag nutzt die Ergebnisse einer WIFO-Unternehmensbefragung, um die strategische Positionierung österreichischer Industrieunternehmen in internationalen Wertschöpfungsketten aufzuarbeiten. Dafür werden Aspekte wie die Produktdiversifikation oder die Präsenz auf internationalen Märkten analysiert. Abschließend werden einige wirtschaftspolitische Schlussfolgerungen skizziert.
Study by: Austrian Institute of Economic Research
Commissioned by: CP i-Invest GmbH

Klaus S. Friesenbichler (Project co-ordinator), Competitiveness Drivers and Obstacles, Intra-EU Linkages and European Value Chains in Global Value Chains. Competitiveness Report 2017

Current research studies (work in progress)
This report offers an extensive analysis of the effects of the completion of the EU Single Market. It sheds light on four interrelated aspects: It first reveals asymmetric economic performance which mirrors structural differences across member countries. These differences in economic outcomes are confronted with measures of the Single Market, economic institutions, changes in demand patterns and producer price developments. Next, the changes in value chains are tracked over time, and also put into a global perspective. Eventually, firm level evidence complements these findings. These results are highly relevant for policies at the member country and the EU level.
Commissioned by: European Commission
Study by: Austrian Institute of Economic Research – Economic and Social Research Institute – The Vienna Institute for International Economic Studies