Économie et Statistique n° 395-396 - Business Tendency Surveys

Economie et Statistique
Paru le : 01/01/2007
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Competitiveness in the Quarterly Business Tendency Survey in Industry

Patrick Aubert et Marie Leclair

INSEE's Business Tendency Survey in industry constitutes an interesting source of information on the competitiveness of manufacturing firms. In this paper we aim at evaluating the quality of this information. At an individual level, a rise in competitiveness appears significantly correlated with an increase in sales and production and a reduction in intermediate consumption costs and labour costs. However, these correlations concern raw values rather than relative values in relation to the sector in which they produce. This observation suggests that variations in the competitiveness expressed by entrepreneurs reflect above all the short-term economic changes with which the business is faced, rather than a true modification of its competitive position. At the aggregate level, the balance of opinion on the evolution of competitiveness in the Business Survey seems, however, to follow quite closely the variations of some conventional indicators such as labour productivity or exchange rate, as well as indicators of costs relatively to the costs of competing foreign products.

Economie et Statistique
No 395-396
Paru le : 01/01/2007