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Author
Adamkiewicz Hanna G. (Gdansk University of Technology, Poland)
Title
The Dimensions of National Competitiveness: the Empirical Analysis Based on the World Economic Forum's Data
Source
Economics and Business Review, 2019, vol. 5 (19), nr 3, s. 92-117, rys., tab., bibliogr. 43 poz.
Keyword
Konkurencyjność międzynarodowa, Produktywność, Rynek Catalyst, Analizy głównych komponentów, Odległość euklidesowa
International competitiveness, Productivity, Catalyst market, Principal Component Analysis (PCA), Euclidean distance
Note
JEL Classification: C38, F13, O47, O57
summ.
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.(original abstract)
Accessibility
The Main Library of the Cracow University of Economics
The Library of Warsaw School of Economics
The Library of University of Economics in Katowice
The Main Library of Poznań University of Economics and Business
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ISSN
2392-1641
Language
eng
URI / DOI
http://dx.doi.org/10.18559/ebr.2019.3.6
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