Measuring competitiveness in Europe: resource allocation, granularity and trade. Bruegel Blueprint Series Volume XVIV, January 2016

Altomonte, Carlo and Bas, Maria and Bugamelli, Matteo and Colantone, Italo and Fontagné, Lionel and Forlani, Emanuele and Mayer, Thierry and di Mauro, Filippo and Martin, Philippe and Navaretti, Giorgio Barba and Ottaviano, Gianmarco I.P. and Ronchi, Maddalena and Santoni, Gianluca and Tomasi, Chiara and Zaurino, Elena (2016) Measuring competitiveness in Europe: resource allocation, granularity and trade. Bruegel Blueprint Series Volume XVIV, January 2016. [Policy Paper]

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Abstract

One of the most important lessons learned during the 2008-09 financial crisis was that the informational toolbox on which policymakers base their decisions about competitiveness became outdated in terms of both data sources and data analysis. The toolbox is particularly outdated when it comes to tapping the potential of micro data for the analysis of competitiveness – a serious problem given that it is firms, rather than countries that compete on global markets.

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