 Deindustrialisation and productivity in the EULorena Škuflić and Marko Družić Economic Research-Ekonomska Istraživanja, 2016, vol. 29, issue 1, 991-1002 Abstract: This article is envisioned as a first step in a comprehensive analysis of the European Union’s (EU) industrial base, designed to inform the current debate, and future policy decisions regarding deindustrialisation and reindustrialisation in the EU. We focus on the study of deindustrialisation and productivity, to determine the causes of deindustrialisation and its relation to productivity in the EU, and whether it can be explained primarily as a natural process, or alternatively as a negative economic trend. Our results indicate that the main causes of deindustrialisation in the EU were shifting demand patterns caused by rising GDP per capita, followed by growing international trade which corroborates the hypothesis that the process is natural. In the second part we take a closer look at manufacturing productivity as an integral cause of deindustrialisation. We analyse the impact of market dynamics, concentration and firm size on manufacturing productivity, where we find evidence which supports the conclusion that a higher level of market dynamics increases productivity, while firm size and market concentration seem to decrease industry productivity. Date: 2016 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:reroxx:v:29:y:2016:i:1:p:991-1002 Ordering information: This journal article can be ordered from DOI: 10.1080/1331677X.2016.1235505 Access Statistics for this article Economic Research-Ekonomska Istraživanja is currently edited by Marinko Skare More articles in Economic Research-Ekonomska Istraživanja from Taylor & Francis Journals |
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