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Competitiveness in the Context of Euro 2020 Strategy

Author

Listed:
  • SIMONA CATALINA STEFAN

    (The Bucharest University of Economic Studies, Bucharest, Romania)

  • ION POPA

    (The Bucharest University of Economic Studies, Bucharest, Romania)

  • COSMIN OCTAVIAN DOBRIN

    (The Bucharest University of Economic Studies, Bucharest, Romania)

Abstract

We relied this research on the findings of a previous study (Popa & Stefan, 2015b) which (by means of Factor Analysis procedure) revealed two factors/dimensions of country-level competitiveness in the initial dataset of twelve variables provided by the raw data (Competitiveness Dataset – xls), on which was built The Global Competitiveness Report 2014 -2015 (World Economic Forum, 2014a). Furthermore, the first factor/dimension of competitiveness (Smart Growth) suggests a possible link with the objectives set by the Strategy Euro 2020 (a smart, inclusive and sustainable Europe). In this respect, the aim of this paper is (based on the above-mentioned data and findings) to propose a synthetic indicator of country-level competitiveness and to deepen the analysis by investigating the possible causal relationships between the proposed index and the objectives of Euro 2020 Strategy. Thus, we have proposed a number of nine research hypotheses, which have been tested and most of them validated by means of linear regression procedure.

Suggested Citation

  • Simona Catalina Stefan & Ion Popa & Cosmin Octavian Dobrin, 2016. "Competitiveness in the Context of Euro 2020 Strategy," International Journal of Business and Administrative Studies, Professor Dr. Bahaudin G. Mujtaba, vol. 2(4), pages 111-117.
    • Handle: RePEc:apa:ijbaas:2016:p:111-117
    DOI: 10.20469/ijbas.2.10005-4
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    References listed on IDEAS

    as
    1. Giuseppe Nicoletti & Stefano Scarpetta & Olivier Boylaud, 2000. "Summary Indicators of Product Market Regulation with an Extension to Employment Protection Legislation," OECD Economics Department Working Papers 226, OECD Publishing.
    2. Popa Ion & Stefan Simona Catalina, 2015. "Why Do Some Nations Succeed And Others Fail In International Competition? Factor Analysis And Cluster Analysis At European Level," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 1149-1157, July.
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