Antitrust policy aims to reduce market concentration and increase competition among firms. Contemporary antitrust is sensitive to both domestic and international considerations. Internationally, the market is dominated by the largest firms, raising questions about the competitiveness of domestic...

This paper studies the pass-through from wages to producer prices using sectoral disaggregated data for the euro area. We find a positive and statistically significant wage-price pass-through that reaches 50% after three years, which differs across sectors. The wage-price pass-through in private...

This research aimed to: (a) analyze the influence of strategic management accounting information on business strategy, competitiveness, and sustainable performance; (b) investigate the role of mediating variables on business strategy and competitiveness, and (c) study the role of moderating...

This article analyses the rise of economic security as a new organising principle of European Union economic governance and examines the extent to which this concept is transforming the traditional model of European industrial and market policy. In the context of escalating geopolitical rivalry,...

Amid widening gaps in innovation and productivity growth, growing geopolitical tensions, and high ambitions for green and digital transitions, industrial policy has re-emerged as a central pillar of European strategy. This paper traces its evolution from post-war sectoral interventions through...

Recent evidence suggests that Chinese imports negatively impact firm-level productivity growth in the EU. We argue that this effect is moderated by the technological frontier, as proposed by Acemoglu et al. (2006). Using three distinct measures of the frontier, we examined firm-level data from...

The transformation of trade structures represents a core dimension of economic integration in Central and Eastern Europe, particularly following EU accession and deeper participation in global value chains. Romania and Poland, despite similar institutional frameworks, have exhibited distinct...

This paper examines the relationship between innovation performance and international export competitiveness in four EU countries-Germany, Italy, Czechia, and Slovakia-during the period 2015-2024. The primary objective is to identify the relationship between the number of patent applications to...

New importers increase their conditional survival rate and import share over time. However, a model of multi-input firms with an import entry cost and stochastic import costs cannot replicate these dynamics. I show that an extended model can be reconciled with the data. I calibrate both models...

Russia's full-scale invasion of Ukraine in February 2022 has triggered profound structural changes in the country's economy, reshaping patterns of foreign trade, foreign direct investment and sectoral specialisation. This paper analyses the shifts in Ukraine's trade and investment structures...

Background: The extraordinary disturbances faced by the hotel industry, ranging from worldwide health problems to political instability and climate change, have highlighted the insistent need for more resilient and agile supply chain (SC) systems. This study explored how artificial intelligence...

The COVID-19 pandemic profoundly disrupted global aviation networks, with long-haul connectivity particularly affected. This study assesses the evolving competitive positions of sixteen major hub airports in the Asia-Pacific region by analyzing their transfer-connectivity performance before and...

This study examines the influence of talent management on the competitive performance of small and medium-sized enterprises (SMEs), incorporating innovation as a mediating variable and institutional support as a moderating factor. Drawing on data from 1721 Spanish SMEs and employing partial...

The semiconductor industry comprises two distinct sectors: advanced chips for smartphones or data centers and less advanced ones for cars. While political and media attention focuses on advanced chips, European industry does not use them. NVIDIA and TSMC dominate the supply of the most advanced...

Using administrative longitudinal firm- and plant-level data from Mexico that links manufacturing firms to their customs records and covers the period 2014 - 2023, I examine whether US tariffs targeting China have contributed to a manufacturing revival in the southern part of North America....

STRING (South Western Baltic Sea Transregional Region - Implementing New Geography) is a regional cooperation of urban centers and regions in the Nordic countries and Northern Germany. The study shows that the member countries of STRING have developed dynamically over the last decades, both...

Competitiveness has returned to the fore of European economic policymaking with a vengeance. In this paper, we scrutinize the recent debate on the need for promoting European competitiveness, as prominently diagnosed by the Draghi Report. By disaggregating the overall academic and...

Die Bedeutung des globalen Dienstleistungshandels hat in den letzten Jahren stark zugenommen. So erreichte der Dienstleistungsexport gemessen an den weltweiten Gesamtexporten im Jahr 2023 einen Anteil von über 27 Prozent, in der EU gar von rund 33 Prozent. Gegenüber 2010 ist das global gesehen...

This paper examines how import liberalization affects labor markets when labor and intermediate inputs can act as complements or substitutes. We incorporate a constant-elasticityof-substitution (CES) production function into a dynamic quantitative trade model and show that the labor market...

This paper describes the framework used by the Bank of Finland to assess the cost competitiveness of the Finnish economy. We discuss the conceptual foundations, data choices, and methodological trade-offs involved in constructing commonly used indicators, with particular emphasis on...

Export baskets reflect broader processes of structural change and economic development. While most studies emphasize the emergence of new export specializations, this paper examines an equally important yet neglected pattern-trade exits, defined as sustained declines in revealed comparative...

China's resurgent trade surplus has revived concern in the United States and Europe, but its development consequences for low and middle income (LMIC) countries remain underappreciated. This paper documents a "China Squeeze": the compression of industrialization space available to poorer...

As countries in Asia and the Pacific continue to integrate into the global economy, what are the implications for women's labor market participation in these countries? The literature on international trade considers the effects of import competition and export orientation on gender gaps in...

The direct investment flows of Germany since 2018 are remarkable in the context of long-term development and global direct investment activities. While inflows to Germany have been below average in recent years, outflows from Germany - with the exception of 2024 - have been above average. These...

Schon lange steht fest, dass auf Deutschland und Europa gewaltige Ausgaben zukommen. Die geopolitischen, ökonomischen und sicherheitspolitischen Anforderungen zwingen hierzu. Staaten müssen ihre Investitionen spürbar erhöhen und deren Finanzierung sichern. Dies wird nicht nur Auswirkungen...

The European Union (EU) and Germany were already being confronted with rapidly changing dynamics on the economic, ecological, and technological terrains prior to the Covid-19 crisis. The pandemic, however, has fully exposed critical global value chain (GVC) dependencies, jeopardising the already...

Die Studie untersucht die technologische Leistungsfähigkeit Deutschlands im internationalen Vergleich anhand von Daten zur sektoralen Wertschöpfung sowie mittels Daten zum Handel mit Industriegütern. Sie zeigt, dass die deutsche Wirtschaft weiterhin stark auf die Produktion hochwertiger...