The European Regional Competitiveness Index 2019

Summary:

Regional Competitiveness Index (RCI) 2019 tracks the performance of 268 regions across 28 Member States of the European Union (EU). It measures 11 dimensions of competitiveness capturing concepts that are relevant to productivity and long-term development. Like the previous three editions of the Index, the RCI provides a comparable and multifaceted picture of the level of competitiveness for all EU regions.

The 2019 edition includes 74 indicators, most spanning the period 2015-2017, with some as recent as 2018 while a few others go back to 2014. This paper shows the spatial variation of regional competitiveness in the EU, as revealed by the latest 2019 edition of the RCI, together with the most relevant changes over the four editions of the Index. The RCI trend analysis reveals how various regions reacted differently to the 2008 crisis. The first edition of the RCI captured the situation immediately before the crisis, due to the structural delay in the publication of regional indicators by official statistical sources. This sheds light on what made individual regions more able to recover and bounce back from an economic shock: in other words, what makes one region more resilient than another.

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