Konkurecieschopnosť ako cieľ hospodárskej politiky

Competitiveness as a Goal of Economic Policy

Petra Čekmeová

Politická ekonomie, 2016, vol. 2016, issue 3, 338-350

Abstract: Until now there is no scientific consensus about the concept of national competitiveness. Despite the ambiguity of its definition, it has become a goal of numerous political documents. Economic policies in many countries are devoted to raise their overall competitiveness. But an unclear definition of relations between different components of national competitiveness represents an obstacle to formulate effective political measures. The aim of this paper is to clarify the relation between the competitiveness of the Czech Republic and its export performance which is considered as one of ways to improve overall competitiveness. The contribution of external competitiveness to the export performance of the Czech Republic in European Union is quantified using an econometric version of Constant Market Shares analysis. The results suggest that the external competitiveness of the Czech Republic has significantly positive effects on its export performance. Moreover we conclude that the positive spillover effect from external to aggregate competitiveness could be reach via increasing productivity.

Keywords: aggregate competitiveness; Constant Market Shares Analysis; Czech Republic; economic policy; European Union; export performance; external competitiveness (search for similar items in EconPapers)
JEL-codes: C49 E61 F14 F19 (search for similar items in EconPapers)
Date: 2016
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DOI: 10.18267/j.polek.1074

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