Study on structural change (Competitiveness Report 2013)

Client/Funding Institution

European Commission, DG Enterprise and Industry

Abstract

This study serves as a background report for the yearly Competitiveness Report of the EC. It illustrates and analyses the broad trends in the relative weight of quite highly aggregated sectors within market activities. It provides an overview as well as an explanation of the broad patterns and trends of structural change for the EU-27 member states. Based on empirical evidence, economic consequences of the observed patterns of structural change will be examined with special attention to the implications of emerging middle-income growth traps. The results will include policy conclusions and provide evidence on the stylised facts of structural change in Europe, the importance of structural change for aggregate growth and the relevance of basic economic mechanisms at work. Furthermore, it will highlight the importance of manufacturing relative to other sectors, which is not sufficiently captured merely by the percentage of the workforce it uses. wiiw is partner is a consortium lead by The Nordic Institute for Studies in Innovation, Research and Education (NIFU).

Duration

November 2012 - June 2013

wiiw team Leader

Peter Havlik

wiiw Staff

Alexandra Bykova, Doris Hanzl-Weiss, Michael Landesmann, Robert Stehrer, Galina Vasaros

Project Partners

The Nordic Institute for Studies in Innovation, Research and Education (NIFU); Austrian Insitute of Economic Research (WIFO)

Keywords: competitiveness, manufacturing, services

Countries covered: EU27

Research Areas: International Trade, Competitiveness and FDI, Sectoral studies

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