Abstract
In this work, an Industrial Competitiveness Index is used as a composite measure for multidimensional economic performance, covering profitability, productivity and output growth. The main advantage of this approach is the aggregation of the different dimensions of the competitiveness concept into one final index score on which an overall assessment can be based. This index approach enables relative competitiveness comparisons across industries, countries and over time. The competitiveness index of the food and beverage manufacturing sector in 17 countries is analysed empirically, using 2003–2007 Eurostat data. The results show that in 2003–2007 the competitiveness ranking is headed by beverage manufacture both in Europe and in each country separately. According to their geographical location, countries present some differences on competitiveness ranking. Cluster analysis based on the index scores for profitability, productivity and growth variables has been used to identify four different types of performance groups. The most competitive cluster includes the majority of the beverage industries.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Allmon, E., Haas, C., Borcherding, J., & Goodrum, P. (2000). U.S. construction labour productivity trends, 1970–1998. ASCE Journal of Construction Engineering and Management, 126(2), 97–104.
Arditi, D. (1985). Construction productivity improvement. ASCE Journal of Construction Engineering and Management, 111(5), 1–14.
Arditi, D., & Mochtar, K. (2000). Trends in productivity improvement in the US construction industry. Construction Management and Economics, 18(1), 15–27.
Barney, J. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17(1), 99–120.
Barney, J., Wright, M., & Ketchen, D. J. (2001). The resource-based view of the firm: Ten years after 1991. Journal of Management, 27, 625–641.
Bartlett, A., & Ghoshal, S. (1989). Managing across borders. Boston: Harvard Business School Press.
Bowen, H. P., & Moesen, W. (2011). Composite competitiveness indicators with endogenous versus predetermined weights An application to the World Economic Forum’s global competitiveness index. Competitiveness Review: An International Business Journal, 21(2), 129–151. https://doi.org/10.1108/10595421111117434.
Buckley, P., Pass, C., & Prescott, K. (1988). Measures of international competitiveness: Critical survey. Journal of Marketing Management, 4, 175–200.
Cattell, K., Flanagan, R., & Jewell, C. A. (2004). Competitiveness and productivity in the construction industry: The importance of definitions. In Root et al. (Ed.), Proceedings of the Construction Industry Development Board (CIDB) 2nd Conference (pp. 25–35). Cape Town, South Africa, Construction Industry Development Board.
Cetindamar, D., & Kilitcioglu, H. (2013). Measuring the competitiveness of a firm for an award system. Competitiveness Review: An International Business Journal, 23(1), 7–22. https://doi.org/10.1108/10595421311296597.
Chau, K., & Walker, A. (1988). The measurement of total factor productivity of the Hong Kong construction industry. Construction Management and Economics, 6(3), 209–224.
Corbett, C., & Wassenhove, L. (1983). Trade offs? What trade-offs? competence and competitiveness in manufacturing. California Management Review, 35(4), 107–122.
Doz, Y. L., & Prahalad, C. K. (1987). The multinational mission. New York: The Free Press.
EU Commission. (2005). EU sectoral competitiveness indicators. http://europa.eu.int/comm./enterprise/enterprise_policy/competitiveness/doc/eu_sectoral_competitiveness_indicators.pdf. Accessed 24 May 2005.
Eurostat. (2011). Coded—The European concepts and definitions database. Retrieved January 3, 2005, from http://forum.europa.eu.int/irc/dsis/coded/info/data/coded/en.htm
Fisher, C., & Schornberg, S. (2006). The competitiveness situation of the EU meat processing and beverage manufacturing sectors. Paper prepared for presentation at the 98th EAAE Seminar ‘Marketing Dynamics within the Global Trading System: New Perspectives’, Chania, 29 June–2 July 2006. http://ageconsearch.umn.edu/bitstream/10028/1/sp06fi01.pdf
Grant, R. M. (1991). Contemporary strategy analysis: Concepts, techniques and applications. Ambridge, MA: Blackwell Ltd..
Grupp, H. (1997). The links between competitiveness, firm innovative activities and public R&D support in Germany: An empirical analysis. Technology Analysis and Strategic Management, 9(1), 19–33.
Hamel, G., & Prahalad, C. K. (1989). Strategic intent. HBR no.3, pp 63–76.
Hammer, M., & Champy, J. (1993). Re-engineering the corporation. New York: Harper Business.
IMD. (2004). World competitiveness yearbook 2003. Lausanne: IMD.
International Centre for Alcoholic Policies. (2006). The structure of the beverage industry. ICAP reports 17.
Ive, G., Gruneberg, S., Meikle, J., & Crosthwaite, D. (2004). Measuring the competitiveness of the UK construction industry (Vol. 1). London: Department of Trade and Industry (DTI).
Johnson, H. T. (1992). Relevance regained. New York, NY: The Free Press.
Krugman, P. (1994). Competitiveness: A dangerous obsession. Foreign Affairs, 73, 28–44.
Laureti, T., & Viviani, A. (2010). Competitiveness and productivity: A case study of Italian firms. Applied Economics, 43(20), 2615–2625.
Lipovatz, D., Mandaraka, M., & Mourelatos, A. (2000). Multivariate analysis for the assessment of factors affecting industrial competitiveness: The case of Greek food and beverage industries. Applied Stochastic Models in Business and Industry, 16(2), 85–98. https://doi.org/10.1002/1526-4025(200004/06)16:2<85::AID-ASMB384>3.0.CO;2-D.
Lu, W. S. (2006). A system for assessing and communicating contractors’ competitiveness. Thesis submitted to the Degree of Doctor of Philosophy in the Department of Building and Real Estate, the Hong Kong Polytechnic University, Hong Kong.
McKee, K., & Sessions-Robinson, C. (1989). Manufacturing productivity and competitiveness. Journal of Manufacturing, 3, 35–39.
Notta, O., & Vlachvei, A. (2011). Competitiveness in Greek food and beverage industries. In Proceedings of international conference on applied economics 2011, TEI of Western Macedonia Press, ISBN 978-960-89054-5-0, ISSN 1791-9347.
Peteraf, M. A. (1983). The cornerstones of competitive advantage: A resource-based view. Strategic Management Journal, 14, 179–191.
Porter, M. (1980). Competitive Strategy. New York, NY: The Free Press.
Prahalad, C. K., & Hamel, G. (1990). The core competence of the corporation (pp. 79–91). Boston, MA: Harvard Business Review.
Ross, J. W., et al. (1996). Developing long-term competitiveness through IT assets. Sloan Management Review, 38(1), 31–42.
Swann, P., & Taghave, M. (1994). Measuring price and quality competitiveness – a study of 18 British product markets. Brookfield: Vermont, Ashgate Publishing Co.
United Nations Development Programme. (2002). Deepening democracy in a fragmented world (Human Development Report). Retrieved October 15, 2004, from http://hdr.undp.org/reports/view_reports.cfm?type_1
Vlachvei, A., & Notta, O. (2016). Firm competitiveness-theory, evidence and measurement. In A. Vlachvei, O. Notta, K. Karantininis, & N. Tsounis (Eds.), Factors affecting firm competitiveness in the modern business world. Hershey PA: IGI Global.
Wijnands, J. H. M., Bremmers, H., van der Meulen, B. M. J., & Poppe, K. J. (2008). An economic and legal assessment of the EU food industry’s competitiveness. Agribusiness, 24(4), 417–439. https://doi.org/10.1002/agr.20167.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2018 Springer International Publishing AG, part of Springer Nature
About this paper
Cite this paper
Notta, O., Vlachvei, A. (2018). Competitiveness Index. In: Tsounis, N., Vlachvei, A. (eds) Advances in Panel Data Analysis in Applied Economic Research. ICOAE 2017. Springer Proceedings in Business and Economics. Springer, Cham. https://doi.org/10.1007/978-3-319-70055-7_48
Download citation
DOI: https://doi.org/10.1007/978-3-319-70055-7_48
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-319-70054-0
Online ISBN: 978-3-319-70055-7
eBook Packages: Economics and FinanceEconomics and Finance (R0)