Price competitiveness

Japanese: 価格競争力 - かかくきょうそうりょく
Price competitiveness

...In a broader sense, it can also be used to refer to a commodity group, industry, or all exports. International competitiveness can be divided into price competitiveness, where the commodity's price is relatively low and therefore the market share is expanded, and non-price competitiveness, where the commodity's quality is excellent, delivery time is short, and the design and brand are reliable, among other non-price factors. The basic determinant of a country's international competitiveness is the production cost factor, or how cheaply the commodity can be produced. For example, the skill level of the workers involved in production, the abundance of capital equipment, and the technical conditions are important. ...

*Some explanations of terms that refer to "price competitiveness" are listed below.

Source | Heibonsha World Encyclopedia 2nd Edition | Information

Japanese:

…より広義には,商品グループ,産業あるいは全輸出品についても使われる。国際競争力は,当該商品の価格が相対的に安価であるためにシェアを拡大する場合の価格競争力と,商品の質的な優秀さ,納期の短さ,デザイン・ブランドの信用度といった非価格要因による非価格競争力とがある。各国の国際競争力を基本的に規定するのは,その商品をいかに安価に生産するかという生産コスト要因であり,たとえば生産に携わる労働者の熟練度,資本設備の豊富さや技術条件等が重要である。…

※「価格競争力」について言及している用語解説の一部を掲載しています。

出典|株式会社平凡社世界大百科事典 第2版について | 情報

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