Dora Borbély

Structural Change, Growth and Bazaar Effects in the Single EU Market

This paper analyzes the link between structural change, growth and bazaar effects in the context of open economies. At first we consider the theoretical basis of structural change and discuss the interdependencies between trade, foreign direct investment and innovation dynamics. The empirical analysis puts the focus on traits of innovation and structural change in selected countries. As regards the hypothesis of a bazaar effect we distinguish between gross effects and net effects. The statistics and the analysis of input-output-tables does not provide evidence that bazaar effects would be a critical problem for Germany or other EU countries.

Structural Change, Innovation and Growth in the Single EU Market

An analysis of structural change along its main dimensions (relative goods and factor prices, shifts in sectoral output and employment shares, and the respective contributions of process and product innovation) is first presented. Next, capital mobility is introduced as well as Sinns controversial characterization of the large German trade surplus against the backdrop of the increase in international outsourcing. The authors then flesh out the model to show that growth, at least in the medium term, hinges on both demand and supply-side dynamics, with the structure of output and the intensity of trade contributing to growth. Finally, in this exegesis on structural change, innovation, and growth, some dynamic Schumpeterian considerations are offered. The bottom line is that the ability of firms from EU15 countries to rely on imported intermediate products from EU accession countries is the basis for gaining competitiveness in both the global economy and vis-a-vis the United States. It enables them to become more price competitive while restructuring domestic outsourcing in the EU15, making it more focused on producing technologically advanced intermediate products than heretofore. A detailed set of empirical regularities are investigated along two main dimensions: innovation traits and structural change, and Sinns bazaar effect. International competitiveness is evaluated on the basis of revealed comparative advantage indicators (RCAs) and export unit values (EUVs).

EU-Osterweiterung, IKT und Strukturwandel

5, EU-Osterweiterung, IKT und Strukturwandel, Wählen Sie diesen Titel EUOsterweiterung, IKT und Strukturwandel [elektronischer Volltext]. Reihe:Europäische Neue Perspektiven der Automobilund IKT-Wirtschaft. Informationsund Kommunikationstechnologie haben sich im Zuge der EUOsterweiterung, Die Bedeutung der Clusterdynamik, den fortschreitenden Strukturwandel und Fragen der Mit Europa den Strukturwandel vorantreiben. Georgi: Saarland bei EU-Programmen gut positioniert für den gesamten Clusterbereich von Automotive über IT bis zu Nanobiotech Das Gesamtergebnis ist angesichts der Befürchtungen über mögliche Mittelverlagerungen durch die EUOsterweiterung ein Riesenerfolg für fung: Sektoraler Strukturwandel, in: Pohl, R. (Hrsg.), Hersystem und die EU-Erweiterung, Monatsbericht Februar. 2000, S. FI = Finnland, FR = Frankreich, GR = Griechenland, IE = Irland, IT = Italien, LU = Luxemburg, NL = Niederlande,