The Contribution of Technological Change on EU's Exports

2013

Abstract The competitiveness of European countries is a constant concern in an environment dominated by the globalization of markets. Export competitiveness is an important dimension of a country's competitiveness. On top of that, in support to competitiveness, innovation is considered as a strong variable according to the Schumpeterian framework. This paper explores the relationship between technological change and international trade according to the OECD technological classification and the United Nations International System of Industrial Classification third revision for the 2 and 3 digit divisions of the manufacturing sector industry. An exploratory analysis is carried out on four Eur…