IDEAS home Printed from https://ideas.repec.org/a/ids/gbusec/v19y2017i1p70-88.html
   My bibliography  Save this article

The impact of the financial crisis and financial assistance in Portuguese competitiveness: micro and macro foundations

Author

Listed:
  • Pedro Mota Veiga
  • João J. Ferreira
  • João R. Faria

Abstract

This study analyses factors that influence the competitiveness of countries and the Portuguese competitiveness in comparison with European Union countries, in particular with Greece and Ireland. We also present a formal model of Porter Diamond model and its generalisation. The data come from Global Competitiveness Index from 2006 to 2013 for 144 countries. The methodology is based on factorial analyses, regression analyses and cluster analyses. The methodology used is innovative and the regression analysis allows us to estimate competitiveness levels. The results shows that political institutions, social infrastructure and microeconomic competitiveness have an impact on competitiveness and monetary and fiscal policies are irrelevant for the competitiveness of the countries. Portugal lies in the group of middle-high competitiveness countries and Portuguese competitiveness is average in the European Union, however it is inferior to Ireland and superior to Greece. The main limitation of this research article is that the dataset is limited to the Global Competitiveness Index.

Suggested Citation

  • Pedro Mota Veiga & João J. Ferreira & João R. Faria, 2017. "The impact of the financial crisis and financial assistance in Portuguese competitiveness: micro and macro foundations," Global Business and Economics Review, Inderscience Enterprises Ltd, vol. 19(1), pages 70-88.
  • Handle: RePEc:ids:gbusec:v:19:y:2017:i:1:p:70-88
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=80776
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Veiga, Pedro Mota & Teixeira, Sérgio Jesus & Figueiredo, Ronnie & Fernandes, Cristina I., 2020. "Entrepreneurship, innovation and competitiveness: A public institution love triangle," Socio-Economic Planning Sciences, Elsevier, vol. 72(C).

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:gbusec:v:19:y:2017:i:1:p:70-88. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=168 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.