Important factors in a nations international competitiveness ranking

Juliet Mashabela and Leroi Raputsoane

MPRA Paper from University Library of Munich, Germany

Abstract: This paper analyses the importance of competitiveness factors in international competitiveness ranking of South Africa. In particular, the paper investigates the odds in favour of an improved, as opposed to a deteriorated, Overall international competitiveness ranking due to a change in selected competitiveness factors. The results show that the autonomous improvement in Overall international competitiveness ranking is statistically insignificant while the effect of a change in Government efficiency also has a statistically insignificant effect on the odds in favour of an improved Overall international competitiveness ranking. The results further show that a change in Economic performance, Business efficiency and Infrastructure increase the odds in favour of an improved Overall international competitiveness ranking. Finally, a change in Infrastructure has the biggest odds in favour of an improvement in Overall international competitiveness ranking compared to a change in Economic performance and Business efficiency.

Keywords: Competitiveness factors; International competitiveness ranking (search for similar items in EconPapers)
JEL-codes: C12 E02 F23 I31 (search for similar items in EconPapers)
Date: 2018-05-02
New Economics Papers: this item is included in nep-cse, nep-eff, nep-mac and nep-tre
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https://mpra.ub.uni-muenchen.de/122820/1/MPRA_paper_86477.pdf revised version (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:86477

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