competitiveness index
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2022 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Nirmalkumar Singh Moirangthem ◽  
Barnali Nag

PurposeThe objective of this study is threefold–first, to develop a Regional Competitiveness Index (RCI) for measuring competitiveness of sub-national regions for India; second, to test this index for its ability to explain regional growth, which validates usage and applicability of this index; and third, to further investigate if the competitiveness of states is in turn caused by economic growth, i.e. it is tested if there is a bidirectional causality between competitiveness and regional growth.Design/methodology/approachThe data of indicators used in the index are from sources available freely in public domain. The competitiveness index is constructed using equal weightage supported by principal component analysis (PCA) technique. The causal relationship analysis is done using panel data of 10 years from 2008 to 2017 for 32 Indian states/union territories. The generalized method of moments (GMMs) is used for this dynamic regression estimation.FindingsBased on RCI score, states have been ranked and through rank analysis, the authors observe the performance status of these sub-national regions and are able to categorize them as improving, no change or deteriorating in regional competitiveness. Using the GMM estimation, the association between RCI and economic growth is found to be significant at 10% level. This shows that regional competitiveness as captured through the RCI score is able to explain regional economic growth and economic disparity among the sub-national units. Further, that RCI score is found to Granger-cause growth, while growth does not lead to better RCI scores. This establishes the usefulness of RCI as an important policy variable to compare states and provide direction for sectoral reforms.Research limitations/implicationsThe limitations of the study include (1) broad assumption that these sub-national regions belong to a uniform macro-economic and technology environment, and (2) data constraints as it is a longitudinal study. The study implies that the composite index could capture differences in regional competitiveness explaining regional economic disparity and that competitiveness causes higher economic growth and not vice versa.Practical implicationsThe RCI score can prove to be a useful indicator of economic performance of different states and can be used by national and state policymakers to compare and assess regional disparity among different states. The pillar-wise scores will be useful for in-depth study of weakness and strength of the sub-national territories.Originality/valueConstruction of an RCI for sub-national territories and analysis of panel data for longitudinal study of ten years is unique in the regional competitiveness literature.


Author(s):  
Наталія Решетняк ◽  
Олена Назаренко ◽  
Юлія Єгорова

The need to ensure balanced innovative development of Ukraine is due to global uncertainty, dynamic processes and structural changes that are taking place today in the global economy. In these conditions, it is relevant to determine the position of Ukraine in the global coordinate system precisely in terms of innovation. Assessment of the state of the scientific and technical sphere, innovative development, research results in the countries of the world at the international level is carried out according to many indicators of various ratings, the most authoritative of which are: Global Innovation Index, Global Competitiveness Index, European Innovation Scoreboard. An analysis of the achieved level of innovative development of the Ukrainian economy in terms of international ratings requires the determination of methodological principles for their calculation. According to the results of the study, it was found that, despite some positive trends, in general, there is a significant gap between the level of innovative development of Ukraine and developed countries. It was found that the position of our country on the Global Competitiveness Index in the past few years has fluctuated between 76-89 places, in accordance with which, it is concluded that there are no effective reforms in the field of research, technology and innovation. The study of innovative activities of European countries and countries - regional neighbors demonstrated Ukraine's membership in the group with the status of «Modest Innovator». Low values of the analyzed indicators in international ratings are associated with errors in government policy and existing problems in the innovation sphere - the use of human potential, the quality of innovation infrastructure, the formation of sustainable relationships between elements of the national innovation system as a whole. The issues of cooperation with international institutions and poor integration into international scientific, technical and innovative cooperation remain unresolved. In this regard, steps are proposed in the direction of Ukraine joining the global innovation processes, which will bring the rating results closer to the level of developed countries in the future.


2021 ◽  
Vol 12 (1) ◽  
pp. 72-82
Author(s):  
Iryna Tsymbaliuk ◽  
Nataliia Pavlikha ◽  
Olena Zelinska ◽  
Alisa Ventsuryk ◽  
Anna Radko

In the context of the crisis in Ukraine, it is important to increase the competitiveness of the insurance sector as a measure of its stability and dynamism under various scenarios of economic development. The purpose of this paper is to assess the competitiveness of the insurance sector and determine the impact on its level of factors caused by economic crises. Using the method of integrated analysis, the index of competitiveness of the insurance industry is built, which considers the number of businesses, employment, sales, capital investment in the industry, insurance sector performance, share of profitable enterprises, and profitability of the insurance sector in Ukraine for 2012–2020. The results showed that the impact of the 2014–2015 crisis due to endogenous factors, namely political instability in the country and the devaluation of the hryvnia, led to a significant reduction in the competitiveness index of the insurance sector. At the same time, during the pandemic, the insurance sector is stabilized, as evidenced by the growth of sales and the share of profitable enterprises, as well as increasing profitability of insurance activities. The competitiveness index did not change significantly during the pandemic. To analyze the dependence of the integrated indicator of the competitiveness of the insurance sector on economic fluctuations during the crisis, regression equations are constructed. It is proved that the greatest impact on the competitiveness index of the insurance sector in times of crisis is exerted by changes in employment and the amount of capital investment.


Author(s):  
Zuzana Kv�tkov� ◽  
Zdenka Petrů ◽  
Alžběta Zíková

Tourism is the most affected industry by the pandemic COVID-19 and will be probably also the last one to recover. International organizations UNWTO, WTTC, and others suppose that domestic tourism will play a significant role in 2020 and after. However, domestic tourism is not a universal solution for all destinations. This paper aims to identify the factors that might play a role in the domestic tourism results in 2020 and later and to which extent domestic tourism can compensate the outage of international arrivals in different countries. Two types of factors were analysed: (1) economic factors (GDP, GDP per capita, share of tourism on GDP) and (2) characteristics of tourism (domestic tourism intensity, Travel &Tourism Competitiveness Index, domestic tourism share etc). Based on the data from 2018 and 2019 from 41 countries, the cluster analysis identified six groups of countries with different potential of domestic tourism to support the survival of the tourism businesses and drive recovery in the post-pandemic period.


2021 ◽  
Vol 10 (1) ◽  
pp. 56-60
Author(s):  
Ilyas Ilyas

This study aims to determine the position and efforts to increase the Regional Competitiveness Index on the education pillar in Konawe Selatan Regency. This study uses a quantitative approach. The data used are primary data and secondary data. Primary data was obtained through a questionnaire, while secondary data in the form of HDI data, education level of the workforce was obtained through documentation/publication studies from the Statistics Agency (BPS) and the Education Office of South Konawe Regency. The data analysis technique used is descriptive analysis. The results showed that the Regional Competitiveness Index of South Konawe Regency was in a high position with a score of 2.66. Efforts made to improve the competitive position of the South Konawe Regency include increasing the average number of years of schooling; the role of local governments that are proactive in taking a persuasive approach to parents of students; providing scholarships for underprivileged students; as well as opening easier access for students to obtain educational services.


2021 ◽  
Vol 2 (2) ◽  
pp. 85-93
Author(s):  
Jia-Ming Qiao

With the development of modern economy, exhibition industry has become an important platform for the construction of modern market system and open economic system. At present, there are many indicators to measure the competitiveness of urban exhibition industry in China. The annual index of competitiveness of Chinese city exhibition industry initiated by China convention and exhibition economic association has become the most authoritative report of competitiveness index of city exhibition industry. The exhibition industry is also one of the important evaluation criteria. This paper mainly uses the above two methods to calculate the exhibition competitiveness index of Chinese cities, and introduces the correlation coefficient to compare the stability of the ranking of the exhibition competitiveness index by the two methods. The study found that the correlation coefficient between the cities at the top and bottom of the ranking was large, that is, the ranking was relatively stable and barely changed. However, the ranking correlation coefficient of cities in the middle is smaller and the change is significant. However, the correlation coefficients of the cities ranked 21-40 are less than those of the top 20 cities, which also indicates that the abrupt change in the ranking of individual cities will affect the overall stability. Because of this, it shows that the evaluation indexes under different weights have a certain influence on the calculation of the comprehensive index of the city’s exhibition competitiveness, and the AHP method can better reflect the advantages and disadvantages of the city’s exhibition industry development.


2021 ◽  
Vol 16 (4) ◽  
pp. 243-265
Author(s):  
Hanseul Jo ◽  
Jaeheung Yoo ◽  
Wonyoung Cho ◽  
Jungwoo Shin

Author(s):  
Ілля Дмитрієв ◽  
Оксана Дмитрієва

УДК 330.341; JEL Classification: O33   Мета: Метою статті є вивчення основних тенденцій розвитку цифрової економіки України та ідентифікація чинного законодавчого підґрунтя. Методика дослідження: В роботі використано методи аналізу та синтезу, системний підхід, порівняльний аналіз. Результати: Характерною ознакою сучасного етапу розвитку економіки є використання цифрових технологій, які стали каталізатором різкого збільшення мобільності товарних та фінансових потоків, забезпечують високу швидкість передачі інформації, внесли значний вклад в глобалізаційні та інтеграційні процеси світової економіки. Інформаційні технології стали невід’ємною частиною суспільних відносин та призвели до появи нових галузей господарства, ринків, конкурентних товарів та послуг. Одним із важливих параметрів, які на світовому рівні визначають якість та ступінь розвитку цифрової економіки, є світові рейтинги. Згідно з Концепцією розвитку цифрової економіки та суспільства України на 2018-2020 основними рейтинговими цілями її реалізації є досягнення визначених позицій у рейтингу. Для аналізу особливостей та тенденцій розвитку цифрової економіки України авторами проведено дослідження рейтингових індексів, що дають змогу оцінити її стан: Digital Economy and Society Index; Digital Evolution Index; Digital Adoption Index; ICT Development Index; Global Innovation Index; Networked Readiness Index; e-Intensity; IMD World Digital Competiveness Index; Global Competitiveness Index. В дослідженні проведено аналіз стану рівня використання та розвитку цифрових технологій в країні. Наукова новизна: існуючі нормативно-правові акти, що регламентують розвиток цифрової економіки України, актуалізують необхідність їх уніфікації та консолідації у вигляді Стратегії розвитку цифрової економіки України як стійкого законодавчого підґрунтя для забезпечення стратегічного розвитку цифрової економіки держави. Забезпечення розвитку цифрової економіки України передбачається через періодичне прийняття строкових програмних документів на у формі чинної Концепції розвитку цифрової економіки та суспільства України на 2018-2020 роки. Практична значущість: проведений аналіз та визначені особливості та тенденції розвитку цифрової економіки складають інтерес для органів державної влади, до відання яких належить регулювання цифрової економіки; для вітчизняних та зарубіжних науковців, що ведуть дослідження з цього питання.


2021 ◽  
Vol 13 (22) ◽  
pp. 12338
Author(s):  
Junli Gao ◽  
Chaofeng Shao ◽  
Sihan Chen ◽  
Zizhang Wei

Based on the Sustainable Development Goals and competitiveness index, an evaluation index system for sustainable development of tourism cities was established. The sustainable development level of 221 outstanding tourism cities in 2018 was evaluated, and their sustainable development paths were designed accordingly. The results show the following: (1) There is a large gap in sustainable development scores. In general, no city has achieved a strong sustainable development model. Natural and cultural resources and protection systems are the shortcomings of the systems. (2) The weights of natural and cultural resources and protection systems are the largest, and the weights of natural and cultural resources endowment, degree of tourism infrastructure construction, and economic support for natural and cultural resources are larger. Nature reserve coverage index, network popularity, and other indicators have greater weight. (3) There is a gap in the sustainable development level of tourism cities in the eight comprehensive economic zones. The economic zones in the eastern and southern coastal areas are better than those in the northwest and the middle reaches of the Yellow River. (4) The driving factors of the eight types of tourism cities distinguished by their characteristics are basically the same, but the obstacles are different.


2021 ◽  
Author(s):  
Zijada Rahimić

By continuously strengthening research and development (R&D) activities and innovative capabilities, companies are achieving long-term sustainable competitive advantages in today’s increasingly complex and uncertain markets. At the same time, by creating new knowledge, innovative application of existing knowledge and technologies, and facilitating their transfer, they contribute to building a knowledge economy and the country’s competitiveness. One of the pillars of the knowledge economy is an effective innovation system, in which companies have a special place and role. The aim of this paper is to present and analyse the contribution of companies to the efficient functioning of innovation systems, to examine the relationship and impact of innovation and R&D expenditures on global competitiveness. The Global Innovation Index (GII) and the Global Competitiveness Index (GCI), in which innovation and sophistication represent one of the three categories of competitiveness, were used as a methodological framework for analysing the effects of innovation capabilities. The focus of the analysis was the relationship between innovation inputs and innovation outputs, as well as the relationship between the GII and GCI of Bosnia and Herzegovina, the countries of the Western Balkans and the group of selected countries of the European Union (EU). The research results show that there is a statistically significant relationship between innovation inputs and outputs. There are obvious differences in the strength of the link between the variables of innovation and competitiveness for the countries of the Western Balkans and for selected EU member states. It was also found that R&D expenditures significantly affect the value of the competitiveness index.


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