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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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- Category:
- Articles
- Type:
- artykuły w czasopismach
- Published in:
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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
- Bibliography: test
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- GDP/capita elasticity of international competitiveness 2007 open in new tab
- ______ GDP 2007 , ----GDP 2008 , .......... GDP 2009 , .......... GDP 2010 open in new tab
- Source: Own calculations using data from Table3-5. FIGURE 2. open in new tab
- GDP/capita elasticity of international competitiveness 2008 open in new tab
- ______ GDP 2008 , ----GDP 2009 , ........... GDP 2010 open in new tab
- Source: Own calculations using data from Tables 3-5. open in new tab
- Porter M.E., Schwab K. 2008 The Global Competitiveness Report 2008-2009, Geneva. open in new tab
- Porter M.E., Schwab K., Sala-i-Martin X. 2007 The Global Competitiveness Report 2007-2008, Geneva.
- Salvatore D. 2010 Globalization, International Competitiveness and Growth: Advanced and Emerging Markets, Large and Small Countries, "Journal of International Commerce, Economics and Policy", No. 1. open in new tab
- Schwab K., Sala-i-Martin X. 2009 The Global Competitiveness Report 2009-2010, Geneva. WDI World Development Indicators 2010, Washington DC. open in new tab
- Verified by:
- Gdańsk University of Technology
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