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Competitiveness and Economic Growth in the European Union

Author

Listed:
  • Nat lia ZAGORŠEKOVÁ

    (Department of International Economic Relations Faculty of International Relations University of Economics Bratislava Slovak Republic)

  • Michaela ČIEFOVÁ

    (Department of International Economic Relations Faculty of International Relations University of Economics Bratislava Slovak Republic)

  • Andrea ČAMBALÍKOVÁ

    (Department of Management Faculty of Business Management University of Economics Bratislava Slovak Republic)

Abstract

The paper focuses on competitiveness at the national level and on the impact of competitiveness on economic growth We look at the relationship between competitiveness and economic growth based on the data from the European Union member states The competitiveness of the economies is measured by the Global Competitiveness Index which is published by the World Economic Forum The European Union member states show significant differences in competitiveness In the sample examined the positive relationship between the level of competitiveness and economic growth was not confirmed

Suggested Citation

  • Nat lia ZAGORŠEKOVÁ & Michaela ČIEFOVÁ & Andrea ČAMBALÍKOVÁ, 2017. "Competitiveness and Economic Growth in the European Union," Journal of Advanced Research in Law and Economics, ASERS Publishing, vol. 8(8), pages 2408-2418.
    • Handle: RePEc:srs:jarle0:v:8:y:2017:i:8:p:2408-2418
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