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Volume 5 (19) Number 3 pp. 92-117

Hanna G. Adamkiewicz

Gdansk University of Technology, Department of Economic Sciences

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

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.

pub/2019_3_92.pdf Full text available in in Adobe Acrobat format:
http://www.ebr.edu.pl/volume19/issue3/2019_3_92.pdf
Keywords: national competitiveness, productivity, catalyst, principal components

DOI: 10.18559/ebr.2019.3.6

For citation:

MLA Adamkiewicz, Hanna G.. "The dimensions of national competitiveness: The empirical analysis based on The World Economic Forum’s data." Economics and Business Review EBR 19.3 (2019): 92-117. DOI: 10.18559/ebr.2019.3.6
APA Adamkiewicz, H. G. (2019). The dimensions of national competitiveness: The empirical analysis based on The World Economic Forum’s data. Economics and Business Review EBR 19(3), 92-117 DOI: 10.18559/ebr.2019.3.6
ISO 690 ADAMKIEWICZ, Hanna G.. The dimensions of national competitiveness: The empirical analysis based on The World Economic Forum’s data. Economics and Business Review EBR, 2019, 19.3: 92-117. DOI: 10.18559/ebr.2019.3.6