Export Performance and Industrial Competitiveness: the UK versus Germany

L.N. Haar

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

This paper analyses the export patterns of the two largest EU countries, Germany and the UK, over the last 12 years with the view to understanding changes (if any) in their industrial competitiveness. The research is motivated by the widely held view that Germany has strengthened its leading position as an industrial European power, whereas other European countries, the UK included, are slowly falling behind. Using EUROSTAT data, we observe changes in the structural composition of manufactured exports of the two countries and, by way of relevant trade indices, such as the Revealed Comparative Advantage (RCAs), the Grubel-Lloyd Index (GL), marginal intra-industry index and factor intensity, often calculated at both industry and product level, we identify and analyse changes in the industrial competitiveness of these two countries over time. The results have policy implications in as much both the UK government recognises the importance of increasing exports as a way to achieve economic growth and overcome the negative effects of the recent financial crisis.
Original languageEnglish
Title of host publicationhost publication
Publication statusPublished - 2011
EventTaking International Business to the Next Level - Emerging Issues, Strategies and Economies - Academy of Economic Studies, Bucharest, Romania
Duration: 8 Dec 201110 Dec 2011

Conference

ConferenceTaking International Business to the Next Level - Emerging Issues, Strategies and Economies
CityAcademy of Economic Studies, Bucharest, Romania
Period8/12/1110/12/11

Keywords

  • Export Performance, Industrial Competitiveness, Europe

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