The dimensions of national competitiveness: The empirical analysis based on The World Economic Forum’s data

Adamkiewicz Hanna G. ()
Additional contact information
Adamkiewicz Hanna G.: Gdansk University of Technology, Department of Economic Sciences, ul. Narutowicza 11/12, 80-233Gdańsk, Poland

Economics and Business Review, 2019, vol. 5, issue 3, 92-117

Abstract: The aim of this research is to determine the minimum number of uncorrelated dimensions which can describe national competitiveness (NC). NC is thought of as the ability of a nation to provide a conducive environment for its firms to prosper. It is shown that the environment affects national productivity catalytically through the interactions with the production factors while itself remaining unchanged. Selected World Economic Forum’s indicators are used for determining the components of the environment. The Principal Component Analysis has revealed three orthogonal dimensions of NC. Countries are represented by the points in the three-dimensional space. The weighted Euclidean distance from the origin to the ith point is proposed as a novel measure of the ith country’s level of NC.

Keywords: national competitiveness; productivity; catalyst; principal components (search for similar items in EconPapers)
JEL-codes: C38 F13 O47 O57 (search for similar items in EconPapers)
Date: 2019
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://doi.org/10.18559/ebr.2019.3.6 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:vrs:ecobur:v:5:y:2019:i:3:p:92-117:n:7

DOI: 10.18559/ebr.2019.3.6

Access Statistics for this article

Economics and Business Review is currently edited by Tadeusz Kowalski

More articles in Economics and Business Review from Sciendo
Bibliographic data for series maintained by Peter Golla ().