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- W2735973311 abstract "Why do some countries grow much faster, and have much better trade performance, than other countries? What are the crucial factors behind such differences, and what can governments do in order to improve the relative position of their economies? This paper outlines a synthetic framework, based on Schumpeterian logic, for analysing such questions. Four different aspects of competitiveness are identified; technology, capacity, costs and demand. The contribution of the paper is particularly to highlight the two first aspects, which often tend to get lost because of measurement problems. Taking issue with these problems the paper identifies a set of empirical indicators of relevance for different aspects of technology and capacity competitiveness. These are then combined into two synthetic indicators, reflecting technology and capacity competitiveness respectively, using factor analysis. The empirical analysis, based on a sample of 100 countries between 1993 and 2002, demonstrated the relevance of both technology and capacity competitiveness (along with price and demand competitiveness). In particular, technology competitiveness was found to be one of the main explanations behind the continuing good growth performance of the Asian tigers relative to other major country groups." @default.
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- W2735973311 date "1998-02-01" @default.
- W2735973311 modified "2023-09-26" @default.
- W2735973311 title "The competitiveness of nations" @default.
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- W2735973311 doi "https://doi.org/10.1108/eb025527" @default.
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