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Model for assessing the influence of factors on a country's competitiveness in the global economy
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Model for assessing the influence of factors on a country's competitiveness in the global economy
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Model for assessing the influence of factors on a country's competitiveness in the global economy
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Journal Article
Model for assessing the influence of factors on a country's competitiveness in the global economy
2019
Overview
In the work, based on the analysis of the countries-leaders of competitiveness, it was revealed that all of them among the most developed sectors of the economy had components of the competitiveness index related to innovative development and infrastructure. This suggests that it is the sectors of innovation and infrastructure that can be considered strategically important and make efforts for their development. Therefore, it makes sense to build models related to these areas. The paper presents two macroeconomic models for assessing the influence of factors on competitiveness, one of which will be innovation-oriented, and the second - infrastructure-oriented. These models use spatial data reflecting the assessments of 111 countries for a number of indicators produced by international organizations such as the World Economic Forum, the World Bank, and the World Intellectual Property Organization. Data for the Russian Federation are not included in the sample, since they will be used later to verify the results of the models.
Publisher
IOP Publishing
Subject
