期刊名称:Equilibrium. Quarterly Journal of Economics and Economic Policy
印刷版ISSN:1689-765X
电子版ISSN:2353-3293
出版年度:2019
卷号:14
期号:3
页码:441-462
DOI:10.24136/eq.2019.021
语种:English
出版社:Institute of Economic Research
摘要:Research background: Under the current conditions of increasing competitiveness and interde pendence, national economies are more influenced by the global business environment and its development. Constantly changing economic, social, political aspects, and many other factors, cause the differences in the global competitiveness of economies, so the economies are forced to analyze their competitive level more complexly. Despite that, there is a lack of research studies analyzing the international competitiveness of EU–28 economies from the point of view various multi-criteria indices. Purpose of the article: The paper investigates the relations between the Global Competitiveness Index (GCI) and other selected multi-criteria indices, namely the Global Innovation Index (GII),the Doing Business Index (DBI), the Economic Freedom Index (EFI) and the Corruption Percep_x005f?tions Index (CPI) in the case of EU–28 economies. Methods: In order to investigate the relations between the global competitiveness and selected multi-criteria indices affecting the EU–28 economies, the multiple linear regression analyses were applied. The multiple regression model was quantified for every single year, as well as, the re?gression model using the average score of all analyzed indices. The secondary data concerning the scores of individual indices were collected based on annually published online reports over the period of 2014–2018. Findings & Value added: The research confirmed that there is a statistically significant depend?ence between the global competitiveness, corruption and the level of innovation potential within the EU–28 economies. Besides, we identified the worst results in the context of competitiveness evaluation especially in the area of corruption and innovation activities. In this regard, the issue of insufficient innovation development and inappropriate corruption perception is considered to be key determinants influencing the assessment of the global competitiveness of the EU–28 member states. In our opinion, to improve the competitiveness of these countries, targeted activities should be implemented in the frame of national competitive strategies, programs, and policies.
关键词:the Global Competitiveness Index (GCI); multi-criteria indices; EU–28 economies; multiple linear regression analyses