Competitiveness Report of the European Commission

Since 1998 WIFO coordinates studies commissioned by the European Commission analysing the competitiveness of the European Union and its member countries in the context of a major framework contract. The Directorate General for Growth (previously DG Enterprise and Industry) of the European Commission has published an annual European Competitiveness Report between 1998 and 2014. In 2015 this publication has been discontinued and from 2015 onwards has been replaced by the European Internal Market and Competitiveness Report reflecting the merger of the Directorate General for the Internal Market and the Directorate General for Enterprise and Industry. In the context of this framework contract WIFO and its partner institutes have produced background studies for these EC publications which have been and will be the major tangible output of this project.

The results of these studies next to the European Internal Market and Competitiveness Report form also other landmark publications of the European Commission such as the EU Industrial Structure Report or the Member State Competitiveness Report. They also provide crucial intelligence to the Council and the wider public about the state of competitiveness of industries in the EU economy. In addition, the findings are used to measure progress towards the Europe 2020 Strategy and the effects of structural reforms in EU member countries.

The research is carried out by a WIFO- led consortium of 20 specialised research institutes from 14 European countries. The current framework contract is in force for the years 2015 till 2018.

Published up to now

Studies on structural reforms in the EU member countries 2013-2018

Single Market and Competitiveness Report 2017/2018
Single Market and Competitiveness Report 2016/2017

Partners

AIT – Austrian Institute of Technology https://www.ait.ac.at/
BSI – The British Standards Institution https://www.bsigroup.com/de-AT/
CIREM – Center for International Research and Economic Modelling http://www.cepii.fr/cirem/en/presentation/cirem.htm
EBN – European Business and Innovation Center Network https://ebn.eu/
ECORYS – http://www.ecorys.com/
ESRI – Economic and Social Research Institute http://www.esri.ie/
KOF – Eidgenössische Technische Hochschule Zürich https://www.kof.ethz.ch/
ETLA – Research Institute of the Finnish Economy https://www.etla.fi/en/
FEEM – Fondazione Eni Enrico Mattei https://www.feem.it/en/
IDEA – Idea Consult http://www.ideaconsult.be/
ifW – Kiel Institut für Weltwirtschaft https://www.ifw-kiel.de/
ivie – Instituto Valenciano de Investigaciones Economicas http://www.ivie.es/es_ES/
IWE – Institute of World Economics http://www.krtk.mta.hu/english/, http://www.vki.hu/eindex.shtml?setlang=english
NIESR – National Institute of Economic and Social Research https://www.niesr.ac.uk/
SPI – Sociedade Portuguesa de Inovação http://www.spi.pt/
CWS – Center für Wirtschaftspolitische Studien https://www.cws.uni-hannover.de/center.html
SGH – World Economy Research Institute https://ssl-kolegia.sgh.waw.pl/en/KGS/structure/IGS-KGS/Pages/default.aspx
VTT – Technical Research Center of Finland http://www.vttresearch.com/
wiiw – Wiener Institut für internationale Wirtschaftsvergleiche https://wiiw.ac.at/
ZEW – Zentrum für Europäische Wirtschaftsforschung http://www.zew.de/
 

Details

WIFO (WIFO), Sociedade Portuguesa de Inovação (SPI), IDEA Consult (IDEA Consult), ECORYS Holding BV (ECORYS), Zentrum für Europäische Wirtschaftsforschung (ZEW)
Ex-post Evaluation of the Impact of Restructuring Aid Decisions on the Viability of Aided (Non-financial) Firms
Commissioned by: European Commission
Study by: Austrian Institute of Economic Research
Financial distress at the company level plays a signalling role in an economy, indicating that a firm is not making optimal use of its resources. While financial distress and consequent market exit play a key role in ensuring an efficient allocation of resources, they can have negative economic consequences. The European Commission has allowed state aid to firms in difficulty. This aid can only be given under strict conditions, set out in guidelines on state aid for rescuing and restructuring firms in difficulty. The overall objective of the EU policy is to contribute to successful restructuring of firms and their return to viability. This study has the overall objective of evaluating the EC's ex-ante assessment of restructuring plans submitted by the member countries. Particular focus is given to investigating whether support was provided only in the context of a restructuring plan that was likely to return the firms to long-term viability within a reasonable period of time. The evaluation is based on the analysis of 12 evaluation questions, providing first a descriptive assessment followed by detailed analysis of effectiveness and efficiency.
Research group:Industrial, Innovation and International Economics
Language:English

Related issues

Completed research studies
Commissioned by: European Commission
Study by: Austrian Institute of Economic Research
Closed: 2015
Financial distress at the company level plays a signalling role in an economy, indicating that a firm is not making optimal use of its resources. While financial distress and consequent market exit play a key role in ensuring an efficient allocation of resources, they can have negative economic consequences. The European Commission has allowed state aid to firms in difficulty. This aid can only be given under strict conditions, set out in guidelines on state aid for rescuing and restructuring firms in difficulty. The overall objective of the EU policy is to contribute to successful restructuring of firms and their return to viability. This study has the overall objective of evaluating the Commission's ex-ante assessment of restructuring plans submitted by the member countries. Particular focus is given to investigating whether support was provided only in the context of a restructuring plan that was likely to return the firms to long-term viability within a reasonable period of time. The evaluation is based on the analysis of 12 evaluation questions – providing first a descriptive assessment followed by detailed analysis of effectiveness and efficiency.
Contact

Assoc. Prof. Michael Peneder

Research groups: Industrial, Innovation and International Economics