Interpretations, Aspects and Levels, Decisive Factors and Measuring Methods of Competitiveness

Tamás Szentes ()
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Tamás Szentes: Department of World Economy, Corvinus University of Budapest, Budapest, Hungary

Society and Economy, 2005, vol. 27, issue 1, 5-41

Abstract: The study deals with the interpretation, notion, and measurement of competitiveness, as well as with certain theoretical and practical approaches related to it. It sets out from the competitiveness of products and services, then analyses the competitiveness of corporations, finally considering certain aspects of the competitiveness of national economies. The study approaches its topic critically, presenting the confusion and misinterpretations of competitiveness concepts through the thorough analysis of numerous works. It especially criticises the theoretical principles and composition methods of competitiveness rankings very wide-spread in international practice, with special emphasis on the indices of the World Economic Forum and the Human Development Index of the UNDP. This paper is an attempt to a multidisciplinary and many-sided approach to the interpretation and measurement of competitiveness.

Keywords: national competitiveness; market competitiveness; corporate competitiveness; Global Competitiveness Index; Human Development Index (search for similar items in EconPapers)
Date: 2005
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