Advanced Search
MyIDEAS: Login to save this article or follow this journal

Analysis Of European Union Competitiveness From A New Multidimensional Model Perspective

Contents:

Author Info

  • Alin Opreana

    ()
    (“Lucian Blaga” University of Sibiu)

  • Diana Marieta Mihaiu

    ()
    (“Lucian Blaga”University of Sibiu)

Abstract

The central objective of this study is to analyze the competitiveness of European Union through the prism of its influence factors: public debt, budget deficit, competitiveness of national economies,credit default swap. Based on these factors were obtained three regression functions for EU competitiveness. The results of the analysis reveal that the EU competitiveness is influenced by two main factors: sovereign risk and competitiveness of national economies. In the current economic situation, sovereign risk rate of 48.52% influences on EU competitiveness, and competitiveness of national economies at a rate of 33.63%. Among the three risk variables underlying the sovereign risk, public debt ratio is most important, thus showing that any sovereign debt crisis would adversely affect the competitiveness of the European Union, followed by the value of the CDS and by the budgetary equilibrium. The second factor, the competitiveness of national economies is mainly determined by the global competitiveness index.The model proposed in this study identifies the factors underlying the central objective of the Lisbon Strategy, namely to make the EU the most competitive and dynamic economy in the world.

Download Info

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
File URL: http://www.rebe.rau.ro/RePEc/rau/journl/WI11/REBE-WI11-A7.pdf
Download Restriction: no

Bibliographic Info

Article provided by Romanian-American University in its journal Romanian Economic and Business Review.

Volume (Year): 6 (2011)
Issue (Month): 4 (december)
Pages: 68-83

as in new window
Handle: RePEc:rau:journl:v:6:y:2011:i:4:p:68-83

Contact details of provider:
Postal: Bd.Expozitiei 1B, Bucuresti, Sector 1, Etaj 3, 012101
Phone: +4-0372-120.131
Fax: +4-021-202.91.51
Email:
Web page: http://www.rau.ro/
More information through EDIRC

Related research

Keywords: competitiveness; public debt; budget deficit; credit default swap;

References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
as in new window
  1. Claudia OGREAN, 2010. "National Competitiveness Between Concept And Reality. Some Insights For Romania," Revista Economica, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 49(1-2), pages 59-72, 04.
  2. Silvia Marginean, 2006. "Competitiveness: From Microeconomic Foundations To National Determinants," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 1(1), pages 29-35, October.
Full references (including those not matched with items on IDEAS)

Citations

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

Cited by:
  1. Anita Pelle, 2013. "The European Social Market Model in Crisis: At a Crossroads or at the End of the Road?," Social Sciences, MDPI, Open Access Journal, vol. 2(3), pages 131-146, July.

Lists

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

Statistics

Access and download statistics

Corrections

When requesting a correction, please mention this item's handle: RePEc:rau:journl:v:6:y:2011:i:4:p:68-83. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Alex Tabusca).

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.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 profile, as there may be some citations waiting for confirmation.

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