Market integration and competition in European services

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Description

16 Jan 2007 – Luis Rubalcaba. Department of Economic Policy at the University of Alcalá and Servilab (Madrid). President of RESER, the European Network ...

Sujets

• Économie
• Economy

Informations

• Publié par: paul.vallen
• Nombre de lectures: 18
• Langue: English

Extrait

Europe in global, innovation-based competition

Market integration and competition in European services

Luis Rubalcaba

Department of Economic Policy at the University of Alcalá and Servilab (Madrid)

President of RESER, the European Network for Service Research 

Based on a research project supported by the Fundación Rafael del Pino

Tuesday 16 January 2007, 9.00 IFRI, 27 rue de la Procession 75015 Paris

16th January 2007

Europe in global, innovation-based competition

Why services are important today? Some highlights

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Services are everywhere in everyday life

Services “dominate” the European economies

Services industries are under deregulation, liberalisation and restructuring processes

Globalisation is affecting service industries

Services are in the centre of the policy debate

Luis Rubalcaba

16th January 2007

Europe in global, innovation-based competition

Key questions about services in European markets

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What are services? Are they just economic sector number three? Why do they grow so fast?

Why services are important for economic growth? Can services have a similar economic performance to goods?

What are the key challenges for the EU service economy?

What can be the role of service-related competition and market integration in Europe?

Which policies for services? What can policy-makers do?

Luis Rubalcaba

Source: Based on National Accounts data, collected by the OECD (STAN) and the GGDC.

16th January 2007

Luis Rubalcaba

Europe in global, innovation-based competition

1. Analytical framework for services. Sector data Services as an heterogeneous sector

16th January 2007

Europe in global, innovation-based competition

1. Analytical framework for services. Definition.

 What is a service?

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 Negative features    Non-tangible  Non-material  Non-transportable  Non-cumulative  Non-quantifiable  Non-durable / perishable  Non-predictable 

 Positive features

  Usefulness or benefit of goods  Usefulness or benefit of an action Simultaneous consumption and production  Change in a person or good  Dialogue relationship  Interaction between supplier and user  Transitive relationship 

Luis Rubalcaba

16th January 2007

Europe in global, innovation-based competition

1. Analytical framework for services: from sectors…to activities

The increasing role of business services

B USINESS ACTIVITIES M AIN BUSINESS - RELATED SERVICES  B USINESS ACTIVITIES M AIN BUSINESS - RELATED SERVICES   BY FUNCTIONS BY FUNCTIONS ation Computer services Administration Management consulting  Inform Legal services management inacmoumleceTstion Auditing and accounting services Human resources Temporary work Selection and supply of personnel Professional training Banking Insurances Leasingandrenting 

Financial intermediation 

 Commercialisation veAdsitrgni and sales Trade Public relations Fairs and exhibitions After-sales services  Transport and Logistics logistics Transport services Express mail services

Luis Rubalcaba

16th January 2007

Europe in global, innovation-based competition

1. Analytical framework for services: a “servindustrial” economy

 Linkage to the flexible productive systems

 Increasing outsourcing and externalisation

 Use of ICT

 Services adding value to goods

 New skills and division of labour creating more specialisation for the service economy

Luis Rubalcaba

2. Services and growth: main services markets in OECD countries Services as the dominant sector in developed economies: 70%

Luis Rubalcaba

16th January 2007

Europe in global, innovation-based competition

Source: OECD, data for 2005.

16th January 2007

Europe in global, innovation-based competition

2. Services and growth: Explanatory factors

Why this impressive growth?

 Relatively lower productivity growth

 Relatively lower technological capacity

 Changes of production systems and outsourcing

 Increase of income

 Role of public administrations and welfare state

 Demographic and cultural changes

 Globalisation

Luis Rubalcaba

Europe in global, innovation-based competition

2. Services and growth: Some data.The contribution of the sector to employment growth between 1979 and 2003, EU15. The role of business services and public sector

50%

-10%

Luis Rubalcaba

10%

30%

-50%

16th January 2007

Source: Based on National Accounts data, collected by the OECD (STAN) and the -30% GGDC.

16th January 2007

Europe in global, innovation-based competition

2. Services and growth: concerns; facts and myths

Are services a problem?

 They make economies grow at a slower pace

 They are less productive

 They are less innovative

 They are less tradable

 They generate more inflation

 They are an obstacle for market integration and competition

 High growth rates go to manufacturing economies in developing countries

Luis Rubalcaba