CEU Electronic Theses and Dissertations, 2017
| Author | Csányi, Veronika Orsolya |
|---|---|
| Title | The Global Competitiveness Index: Should Countries Strive for a Higher Score? |
| Summary | Several indices exist to assess country level economic performance, among them the Global Competitiveness Index enjoys the greatest popularity. Politicians, policymakers, businesses regard it as an important point of reference in determining country competitiveness. At the same time, studies committing to formally establish the nature of its relationship with the actual competitiveness of countries are few and far between. It may well be, that the purpose of the Global Competitiveness Index is to give insights about the long-term factors of competitiveness, the measuring of these associations is limited by the availability of data. As a consequence, this paper aims at unveiling the relationship of changes in the scores of index and short term productivity growth. For the analysis, both panel and cross section data are used covering in the broadest sample ten years and 121 countries. The results suggest an association between the changes of the index scores and the productivity proxy, GDP per capita growth, all while discounting the effect of beta convergence. These findings remain significant when using gross value added per capita as an alternative productivity measure, but the association is not straightforward when substituting the index with its components |
| Supervisor | Békés Gábor |
| Department | Economics MA |
| Full text | https://www.etd.ceu.edu/2017/csanyi_veronika.pdf |
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