GONZALEZ German Hector
congresos y reuniones científicas
A macroeconomic foundation to competitiveness gains: theory and evidence
GERMAN HECTOR GONZALEZ
Jornada; IX JORNADA DE DIFUSIÓN DE INVESTIGACIONES; 2006
Instituto de Economía
The core of this work is to provide a macroeconomic approach and a sound conceptual foundation for the notion of "competitiveness gains", so prone to multiple interpretations, and to make it fit for empirical analyses. Instead of "competitiveness" is "competitiveness gains" the relevant concept, defined as a situation where economy (sector) experiences a higher growth rate of TFP than its opponents. We present a theoretical model of competitiveness that provides a rationale for the variations of competitiveness, associated to the behavior of related variables; then we carry out an empirical exercise, using the insights drawn in the previous section, showing that our formalization supports a measurable approximation to competitiveness gains.