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Competitiveness Trade and Productivity (Paperback)
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Competitiveness Trade and Productivity (Paperback)
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The current monograph is a collection of essays on the
productivity-trade nexus. In a world, where many trade impediments
have been removed a country's ability to succeed in international
markets is associated with its ability to improve cost
competitiveness. A main objective of the book is to check the
empirical validity of the neoclassical theories of trade and
specialization. Why countries produce what they produce? Ioannis
attempts to provide an assessment to these questions paying special
attention to nation-wide factor endowments and productivity
performance. Throughout the whole book productivity is a key
measure, but after all is productivity just "manna from heaven" or
is it something that countries can stimulate with the passage of
time? Chapter four analyzes the sources of productivity growth
recognizing among others that for a technologically laggard
country, imitation of technological advancements, already
implemented somewhere else, are rather important engines. Although,
the present book emphasizes to Greece, the reader can obtain
lessons with respect to many other countries, especially those that
comprise of the so- called periphery of Europe.
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