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Abstract
This paper analyses the impact of international competitiveness on economic development, based on the World Economic Forum Global Competitiveness Index (GCI) and GDP/capita of 125 countries during the period 2007-2010. The results reveal two phases of the evolution of competitiveness. When GCI < 4.5 (on 1-7 scale), any improvement of a country’s competitiveness affects current development more than future development. When a country’s GCI rises above 4.5, further improvements of competitiveness will affect future development more than current development. The 4.5 competitiveness threshold is remarkably stable throughout analyzed period.
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- Copyright (by Uniwersytet w Białymstoku, Białystok 2014)
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- Category:
- Articles
- Type:
- artykuły w czasopismach
- Published in:
-
Optimum. Studia Ekonomiczne
pages 30 - 37,
ISSN: 1506-7637 - Language:
- English
- Publication year:
- 2014
- Bibliographic description:
- Adamkiewicz H. G., Kot S.: How Does International Competitiveness Affect Economic Development? A Two-Phase Hypothesis// Optimum. Studia Ekonomiczne -,iss. 5(71) (2014), s.30-37
- DOI:
- Digital Object Identifier (open in new tab) 10.15290/ose.2014.05.71.03
- Verified by:
- Gdańsk University of Technology
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