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Production and Trade of ICT from an EU Perspective

Author

Listed:
  • Amat Adarov

    (The Vienna Institute for International Economic Studies, wiiw)

  • Dimitrios Exadaktylos
  • Mahdi Ghodsi

    (The Vienna Institute for International Economic Studies, wiiw)

  • Robert Stehrer

    (The Vienna Institute for International Economic Studies, wiiw)

  • Roman Stöllinger

    (The Vienna Institute for International Economic Studies, wiiw)

Abstract

The competitiveness of industries and countries is shaped more and more by technological advancement in the production and use of information and communications technology (ICT). This report considers the supply side of ICT goods and services. It studies the drivers of ICT production location and trade across countries with a focus on the relative position of the EU. The analyses clearly indicate that the EU must step up its efforts to accelerate the shift towards digital production and strengthening the ICT sector that produces the required technologies and services. In addition, from a trade policy perspective, a harmonised set of standards and regulatory framework is to be aimed at to minimise mismatches in technical specifications and requirements. This will lead to the diffusion of positive externalities and should allow for a smooth operation of the global value chains in these products.

Suggested Citation

  • Amat Adarov & Dimitrios Exadaktylos & Mahdi Ghodsi & Robert Stehrer & Roman Stöllinger, 2021. "Production and Trade of ICT from an EU Perspective," wiiw Research Reports 456, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:rpaper:rr:456
    as

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    File URL: https://wiiw.ac.at/production-and-trade-of-ict-from-an-eu-perspective-dlp-5974.pdf
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    References listed on IDEAS

    as
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    3. Olley, G Steven & Pakes, Ariel, 1996. "The Dynamics of Productivity in the Telecommunications Equipment Industry," Econometrica, Econometric Society, vol. 64(6), pages 1263-1297, November.
    4. Timmer,Marcel P. & Inklaar,Robert & O'Mahony,Mary & Ark,Bart van, 2013. "Economic Growth in Europe," Cambridge Books, Cambridge University Press, number 9781107412446, November.
    5. Jeffrey D. Sachs & Seth G. Benzell & Guillermo LaGarda, 2015. "Robots: Curse or Blessing? A Basic Framework," NBER Working Papers 21091, National Bureau of Economic Research, Inc.
    6. Jan Van Hove, 2010. "Variety and quality in intra-European manufacturing trade: the impact of innovation and technological spillovers," Journal of Economic Policy Reform, Taylor and Francis Journals, vol. 13(1), pages 43-59.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Stöllinger, Roman & Guarascio, Dario, 2023. "Comparative advantages in the digital era–A Heckscher-Ohlin-Vanek approach," International Economics, Elsevier, vol. 175(C), pages 63-89.

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    More about this item

    Keywords

    information and communications technology; digitalisation; production patterns; trade patterns;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • L11 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Production, Pricing, and Market Structure; Size Distribution of Firms
    • L63 - Industrial Organization - - Industry Studies: Manufacturing - - - Microelectronics; Computers; Communications Equipment

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