scholarly journals Development Analysis of Global Competitiveness Index of ASEAN-7 Countries and Its Relationship on Gross Domestic Product

2019 ◽  
Vol 3 (1) ◽  
pp. 1 ◽  
Author(s):  
Tongam Sihol Nababan
Keyword(s):  
Gross Domestic Product ◽  
Economic Performance ◽  
Domestic Product ◽  
Basic Requirement ◽  
Analysis Method ◽  
Global Competitiveness ◽  
Government Bureaucracy ◽  
Global Competitiveness Index ◽  
Competitiveness Index ◽  
Development Analysis

The objectives of the research are: (1) to investigate the development of global competitiveness index (GCI) of ASEAN-7 countries as an illustration of economic performance and potentiality, (2) to investigate which factors or pillars are drivers for the improvement of GCI ASEAN-7 countries, and (3) to analyze the effect of Gross Domestic Product (GDP) on GCI of ASEAN-7 countries. The analysis method used in calculating the weight of the contribution of each pillar to changes in the competitiveness index, and determining the effect of GDP on GCI, a Semi-Logarithmic Regression analysis is used. The result shows that during the period of year 2008/2009 to the year of 2016/2017, the rank and index of GCI of each ASEAN-7 countries continue to increase. The pillars of the basic requirement subindex still dominate the largest contribution to the improvement of the competitiveness index for Indonesia, Philippines, Thailand, Cambodia, and Vietnam. As for Malaysia and Singapore sub-indexes of efficiency enhancers and innovation-sophistication have been able to give the largest contribution to the improvement of GCI.  The GDP of ASEAN-7 countries has a positive and significant impact on the improvement of global competitiveness index, except for Thailand. The most problematic factors in improving the competitiveness index are corruption, inadequately educated labour, access to financing, tax regulations, and inefficient government bureaucracy.

scholarly journals Global Competitiveness and Potential for Higher Exports

2020 ◽  
Vol 16 (1) ◽  
Author(s):  
Aamir Hussain Siddiqui ◽  
Keyword(s):  
Developing Countries ◽  
Positive Relationship ◽  
Empirical Investigation ◽  
Distribution Model ◽  
Relative Efficacy ◽  
Basic Requirement ◽  
Global Competitiveness ◽  
Export Volume ◽  
Global Competitiveness Index ◽  
Competitiveness Index

The objective of this research is to examine the possibility of higher export level for the countries which have a higher level of competitiveness. The study has taken the Global Competitiveness Index (GCI) as a proxy for the level of Competitiveness and the countries are divided into high and low export countries on the basis of export volume. Furthermore, the study also analyzes the relative efficacy of different components’ of competitiveness index. The estimated results based on the binary probability distribution model showed a positive relationship between higher export level probability and level of Competitiveness. This result is consistent with the hypothesis that the economies having higher levels of competitiveness would have greater possibilities of generating higher exports. GCI is considered as most acceptable index for measuring competitiveness level of a country in the globalized economic system. However, realization of importance through empirical investigation is almost negligible, particularly for the developing countries. The results suggest that developing countries should concentrate on enhancing competitiveness level to achieve the goal of higher exports. The result further suggested that the sub-index “basic requirement” is more important for the enhancement of exports and countries should concentrate on improving the pillars of basic requirements for enhancing competitiveness.

scholarly journals Management of competitiveness and economic performance based in the V4 countries

2019 ◽  
pp. 73-88 ◽  
Author(s):  
Radovan Bacik ◽  
Jitka Kloudova ◽  
Jaroslav Gonos ◽  
Viera Ivankova
Keyword(s):  
Czech Republic ◽  
Economic Performance ◽  
Geographic Location ◽  
Economic Point ◽  
The Czech Republic ◽  
Central European ◽  
Global Competitiveness ◽  
Global Competitiveness Index ◽  
Competitiveness Index ◽  
Visegrad Group

The economic condition and competitiveness is currently a highly discussed issue and it is necessary to confront individual countries. In a period characterized by economic dynamics, economic growth, the sustainability of economic development, it is common that most countries are concerned with the study of indicators that can help them to understand their economic situation. This paper focuses on the competitiveness and economic performance of the V4 countries based on two selected indicators – Global Competitiveness Index and Gross Domestic Product growth rate in the period from 2002 to 2016. The countries of the Visegrad Group do not only share a common Central European space, apart from geographic location, but they are also linked with history, culture, values, priorities and interests to strengthen stability in the Central European region. The aim of this study is to assess the development of the V4 economies and to define the degree of homogeneity of the Global Competitiveness Index and the rate of GDP growth between Slovakia, the Czech Republic, Hungary and Poland. To meet the main goal, selected indicators were subjected to an analysis of their development in the set period and their mutual confrontation was carried out. For analysis of variances, we used statistical method ANOVA. Countries of Visegrad Group are linked by significant factors from social areas, but each country faces different economic problems, which determines their economic status and position in the world. Based on the results, the Czech Republic records the most significant differences in the GCI index compared to other V4 countries. The study agrees with the arguments that the Czech Republic is the most successful country within the Visegrad Group. The benefit of the article reflects the perception of the V4 countries from an economic point of view, which is not conditioned by the common characteristics of this group. The analysis absorbs possible skewed speculation and encourages further research that may be dealt with in the future by other macroeconomic indicators within the Visegrad Group.

AS INUNDAÇÕES DE 2009 NA AMAZÔNIA E SUAS RELAÇÕES COM O DESENVOLVIMENTO SUSTENTÁVEL: IMPACTOS AO PRODUTO INTERNO BRUTO MUNICIPAL

GEOgraphia ◽  
2018 ◽  
Vol 20 (43) ◽  
pp. 101
Author(s):  
Alex Santiago Nina ◽  
Cláudio Fabian Szlafsztein
Keyword(s):  
Sustainable Development ◽  
Correlation Analysis ◽  
Gross Domestic Product ◽  
Natural Disasters ◽  
Economic Performance ◽  
Domestic Product ◽  
Economic Losses ◽  
Palabras Clave ◽  
Linear Correlation Analysis

Nos últimos anos, tem aumentado a frequência dos desastres naturais na Amazônia, concomitantemente com a necessidade de estimar os seus prejuízos econômicos. Este trabalho tem como objetivo verificar qual é o tipo e a intensidade do impacto das inundações de 2009, consideradas as maiores já registradas na Amazônia, no crescimento do Produto Interno Bruto (PIB) municipal. A metodologia consistiu na análise de correlação linear entre o desempenho econômico e algumas variáveis referentes ao tipo de inundação e indicadores socioeconômicos. Os resultados mostram que as inundações bruscas são as mais problemáticas em longo prazo. As principais estratégias a serem adotadas perpassam pela inclusão de ações de mitigação de desastres naturais ao planejamento do desenvolvimento sustentável da Amazônia. Palavras-chave: Produto Interno Bruto. Inundação. Amazônia. THE 2009 FLOODS IN THE AMAZON AND ITS RELATIONSHIP WITH SUSTAINABLE DEVELOPMENT: IMPACT ON THE MUNICIPAL GROSS DOMESTIC PRODUCT Abstract: In the last years, have been increase the frequency of natural disasters in Amazon, concomitantly whit the need of estimate their economic losses. This work have the objective of check what is the type and intensity of 2009 floods impacts, considered the major already registered in Amazon, to the increase of municipal Gross Domestic Product (GDP). The methodology was the linear correlation analysis between the economic performance and some variable relative to inundation type and socioeconomics indicators. The results bring which the fast floods are the major problem in the long term. The means strategies to be adopted are the inclusion of natural disasters mitigation actions in plan of sustainable development of Amazon. Keywords: Gross Domestic Product. Flood. Amazon. LAS INUNDACIONES DE 2009 EN LA AMAZONÍA Y SU RELACIÓN CON EL DESARROLLO SOSTENIBLE: IMPACTO EN EL PRODUCTO INTERNO BRUTO MUNICIPAL Resumen: En los últimos años ha aumentado la frecuencia de los desastres naturales en la Amazonia, concomitantemente con la necesidad de estimar sus prejuicios económicos. Este trabajo tiene como objetivo verificar cual es el tipo y la intensidad del impacto de las inundaciones de 2009, consideradas las mayores ya registradas en la Amazonia, al crecimiento del Producto Bruto Interno (PBI) municipal. La metodología consistió el análisis de correlación linear entre el desempeño económico y algunas variables referentes al tipo de inundación e indicadores socioeconómicos. Los resultados muestran que las inundaciones bruscas son las mas problemáticas a largo plazo. Las principales estrategias a ser adoptadas pasan por la inclusión de acciones de mitigación de desastres naturales a la planificación del desarrollo sostenible de la Amazonia. Palabras clave: Producto Interno Bruto. Inundaciones. Amazonia. 

Investment obstacles to sustainable development and competitiveness index

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Faris Alshubiri
Keyword(s):  
Sustainable Development ◽  
Pearson Correlation ◽  
Content Type ◽  
Global Competitiveness ◽  
Doing Business ◽  
Gcc Countries ◽  
Significance Levels ◽  
Government Bureaucracy ◽  
Competitiveness Index ◽  
Using Data

PurposeThis paper was aimed to develop better knowledge to show how obstacles impact Sustainable Development Goals (SDGs) in investment business on the global competitiveness index (GCI). This study was applied to six Gulf Cooperation Council (GCC) economies to analyse and classify investment obstacles in order to improve GCI and mitigate the obstacles to doing business.Design/methodology/approachThis study used the 12 pillars of the GCI to classify six GCC countries and 15 factors of SDGs using data from 2008 to 2017. The data were collected from the International Monetary Fund and GCI reports from 2008 to 2018 on all six GCC countries: the UAE, Kuwait, Oman, Saudi Arabia, Bahrain and Qatar. The paper adopted equations to analyse the GCI, along with 15 obstacles to doing investment business. The paper used regression and correlation tests by two proxies: obstacles to SDGs as an independent variable and the GCI as a dependent variable.FindingsThe findings of this study focussed on the best classification of the GCI, which went to Qatar, whereas the lowest rank went to Oman. The major components of obstacles to doing investment business are restrictive labour regulations, access to financing and inefficient government bureaucracy factors. These obstacles stand in the way of achieving SDGs and delay the improvement of the competitive field. Hence, the results of the regression test show that there is a negative and statistically significant impact in Oman, Kuwait and the UAE between obstacles to doing business on the GCI at the significance levels of 1% and 5%. The Pearson correlation matrix is strong between obstacles to SDGs, as the same elements of the GCI also exist in these countries, at 55.2%, 75% and 55.5%, respectively.Research limitations/implicationsThere are some limitations related to the study period being from 2008 to 2017. Before 2008, the GCI consisted of nine pillars rather than 12, and there were 14 problems rather than 15 related to doing investment business. Hence, this does not match with the period of this study. Furthermore, the reports after 2017 did not mention the problems of doing business, only analysing the GCI.Practical implicationsThe results of the study highlight the strategic and practical aspects of GCC countries diagnosing the SDGs to know how to reduce obstacles to sustainable development, which can enhance investments by improving the GCI.Originality/valueThe current study measured and evaluated how to mitigate the obstacles to SDGs in the GCC countries. It is the first study to explain these obstacles in the GCC countries, which are characterised by their huge wealth that contributes significantly to global economic development.

scholarly journals National Character and Economic Performance

2018 ◽  
Vol 10 (9) ◽  
pp. 9
Author(s):  
Bijou Yang ◽  
David Lester
Keyword(s):  
Gross Domestic Product ◽  
Economic Performance ◽  
National Character ◽  
Domestic Product ◽  
Personality Test ◽  
Lower Growth ◽  
Per Capita ◽  
Year 2000

The present study explored whether the average scores on a personality test of the residents in 55 nations were associated with the gross domestic product per capita in the year 2000 and the growth in the GDP/capita from 2001-2005. Nations whose residents had higher score on a measure of neuroticism had a higher GDP/capita in 2000, and nations whose residents had higher scores on a measure of agreeableness had lower growth in the GDP/capita from 2001 to 2005. This supports Lynn’s hypothesis that national character might contribute to the prediction of the economic performance of nations.

Economic performance indicators for fisheries

2000 ◽  
Vol 51 (5) ◽  
pp. 485 ◽  
Author(s):  
Tor John Hundloe
Keyword(s):  
Sustainable Development ◽  
Gross Domestic Product ◽  
Economic Performance ◽  
Performance Indicators ◽  
Domestic Product ◽  
Economic Information ◽  
Proxy Indicators ◽  
Definition Of

An outline of the concept of sustainable development is followed by a definition of the term ‘economics’ and a brief review of attempts to use economic principles to construct an integrated indicator to replace gross domestic product. Arange of proxy indicators is described; these are based on what is possible in countries that have minimal fisheries data and where fishers are making decisions on the crudest economic information.

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