Towards A Flexible Concept of Competitiveness
Christian Bellak
No 13, Department of Economics Working Paper Series from WU Vienna University of Economics and Business
Abstract:
The purpose of the paper Is to work out the substance of the term "competitiveness" from a broad overview of concepts used. For most of the period theory in the field has comprised three quite separate strands, f.e. trade theory, price theory and Industrial organization. Starting with the theoretical background the substance of "competitiveness" is derived from a classfflcatlon of determinants used in theoretical and empirical studies. The main indicators are defined and explained. We conclude that a flexible rather than a generalizing concept of competitiveness should be used, because the explanatory power increases with the former. The research problem in question defines the subset of indicators to be chosen. Consequently, the subset varies from case to case and with it the concept of competitiveness.
Date: 1992-05
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