{"id":102926,"date":"2024-01-22T13:25:19","date_gmt":"2024-01-22T12:25:19","guid":{"rendered":"https:\/\/www.wifo.ac.at\/publication\/102926\/"},"modified":"2024-11-07T02:49:55","modified_gmt":"2024-11-07T01:49:55","slug":"the-austrian-paradox-old-structures-but-high-performance-2","status":"publish","type":"publication","link":"https:\/\/www.wifo.ac.at\/en\/publication\/102926\/","title":{"rendered":"The Austrian Paradox: \"Old\" Structures but High Performance?"},"content":{"rendered":"","protected":false},"featured_media":0,"template":"","class_list":["post-102926","publication","type-publication","status-publish","hentry"],"acf":{"subtitle":"","text":"The Austrian \"structure-performance paradox\" describes the ambiguous observation of high overall economic performance on the one hand, but a considerable lock in to \"old\" industrial structures on the other. Compared to other high-income countries, Austria is characterised by an almost unique low share of industries, where competitive advantage is mostly driven by technological change. Following the presentation of a new empirical tool useful in structural analysis, this paper will summarise recent empirical results on both aspects of the paradox. Initially, attention will be drawn towards the most relevant policy questions; later some tentative explanations of the paradox will be examined.","onlinedate":"1999-10-01 02:00:00","lang":"English","publication_series":"","publication_date":"19991001","publication_date_year":"","publication_date_full":false,"publication_num_pages":"","keywords":"[\"The Austrian Paradox: \"Old\" Structures but High Performance?\"]","jelcodes":"[]","related_publications":"[]","pdf":308328,"zip":null,"link":"","monthly_report":true,"monthly_report_main":false,"monthly_report_volume":"4","monthly_report_pages":"239-247","monthly_report_pages_sort":"239","issue":"4","journal":"Austrian Economic Quarterly","publisher":"","invisible":false,"external":false,"embargo_date":null,"types":[183747],"research_groups":[3491],"collaboration":"","persons":[3776],"persons_data":"[{\"personId\":3776,\"personName\":\"Michael Peneder\",\"organisationNames\":[]}]","clients":[],"subclients":[],"partners":[],"topics":[],"host_publication_title":"","host_publication_subtitle":"","place_of_publication":"","host_publication_editors":"[]","type_description":"","output_media":"","chapter":"","article_number":"","citations":"{\"apa\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_apa rendering_contributiontoperiodical rendering_apa rendering_contributiontoperiodical_apa\\\"><span>Peneder, M.<\\\/span> (1999). <span>The Austrian Paradox: \\\"Old\\\" Structures but High Performance?<\\\/span> <span><em>Austrian Economic Quarterly<\\\/em><\\\/span>, <em>4<\\\/em>(4), 239-247. <a onclick=\\\"window.open(this.href, '_blank','noopener,noreferrer'); return false;\\\" href=\\\"https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/8363\\\" class=\\\"link\\\"><span>https:\\\/\\\/www.wifo.ac.at\\\/wwa\\\/pubid\\\/8363<\\\/span><\\\/a><\\\/div>\",\"vancouver\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_vancouver rendering_contributiontoperiodical rendering_vancouver rendering_contributiontoperiodical_vancouver\\\"><span>Peneder M<\\\/span>. <span class=\\\"title\\\"><span>The Austrian Paradox: \\\"Old\\\" Structures but High Performance?<\\\/span><\\\/span> <span>Austrian Economic Quarterly<\\\/span>. 1999 Oct;4(4):239-247.<\\\/div>\",\"bibtex\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_bibtex rendering_contributiontoperiodical rendering_bibtex rendering_contributiontoperiodical_bibtex\\\"><div>@misc{5076b62620c24d77bcb3a11503b65cd0,<\\\/div><div>  title    = \\\"The Austrian Paradox: {\\\"}Old{\\\"} Structures but High Performance?\\\",<\\\/div><div>  abstract = \\\"The Austrian {\\\"}structure-performance paradox{\\\"} describes the ambiguous observation of high overall economic performance on the one hand, but a considerable lock in to {\\\"}old{\\\"} industrial structures on the other. Compared to other high-income countries, Austria is characterised by an almost unique low share of industries, where competitive advantage is mostly driven by technological change. Following the presentation of a new empirical tool useful in structural analysis, this paper will summarise recent empirical results on both aspects of the paradox. Initially, attention will be drawn towards the most relevant policy questions; later some tentative explanations of the paradox will be examined.\\\",<\\\/div><div>  keywords = \\\"The Austrian Paradox: {\\\"}Old{\\\"} Structures but High Performance?, The Austrian Paradox: {\\\"}Old{\\\"} Structures but High Performance?\\\",<\\\/div><div>  author   = \\\"Michael Peneder\\\",<\\\/div><div>  note     = \\\"Austrian Paradox\\\",<\\\/div><div>  year     = \\\"1999\\\",<\\\/div><div>  month    = oct,<\\\/div><div>  language = \\\"English\\\",<\\\/div><div>  volume   = \\\"4\\\",<\\\/div><div>  pages    = \\\"239--247\\\",<\\\/div><div>  journal  = \\\"Austrian Economic Quarterly\\\",<\\\/div><p>}<\\\/p><\\\/div>\",\"ris\":\"<div class=\\\"rendering rendering_researchoutput  rendering_researchoutput_ris rendering_contributiontoperiodical rendering_ris rendering_contributiontoperiodical_ris\\\"><p>TY  - GEN<\\\/p><p>T1  - The Austrian Paradox: \\\"Old\\\" Structures but High Performance?<\\\/p><p>AU  - Peneder, Michael<\\\/p><p>N1  - Austrian Paradox<\\\/p><p>PY  - 1999\\\/10<\\\/p><p>Y1  - 1999\\\/10<\\\/p><p>N2  - The Austrian \\\"structure-performance paradox\\\" describes the ambiguous observation of high overall economic performance on the one hand, but a considerable lock in to \\\"old\\\" industrial structures on the other. Compared to other high-income countries, Austria is characterised by an almost unique low share of industries, where competitive advantage is mostly driven by technological change. Following the presentation of a new empirical tool useful in structural analysis, this paper will summarise recent empirical results on both aspects of the paradox. Initially, attention will be drawn towards the most relevant policy questions; later some tentative explanations of the paradox will be examined.<\\\/p><p>AB  - The Austrian \\\"structure-performance paradox\\\" describes the ambiguous observation of high overall economic performance on the one hand, but a considerable lock in to \\\"old\\\" industrial structures on the other. Compared to other high-income countries, Austria is characterised by an almost unique low share of industries, where competitive advantage is mostly driven by technological change. 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