Internal and external factors of competitiveness in the middle-income countries
AbstractThe diverse group of middle-income countries (MIC) is composed by some economies with an active behavior in exports of technology-intensive goods that is strictly better than the group average. One of the factors explaining such a result is the improvement of their national technological capabilities that affects the dynamism of their productive and trade structure generating competitiveness gains. There are grounded reasons to think that this is also a consequence of external effects and the potential impacts that both trade and foreign direct investments (FDI) flows generate in those economies where foreign companies have contributed to the industrialization and modernization of their productive systems. In this paper, we analyze the possibilities of integration of the MIC economies into the dynamic high-tech markets as the interplay between the role of FDI and their ability for the absorption and creation of technology. We will observe based upon empirical analysis with panel data (1998-2005), what is the relative importance of internal and external factors for the improvement of the international competitiveness in these developing economies.
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Bibliographic InfoPaper provided by Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales in its series Working Papers del Instituto Complutense de Estudios Internacionales with number 08-09.
Length: 50 pages ISBN Number: 978-84-692-3892-9
Date of creation: 2009
Date of revision:
Postal: Instituto Complutense de Estudios Internacionales. Finca Mas Ferre Campus de Somosaguas 28223 Madrid
Other versions of this item:
- Isabel Álvarez, & Raquel Marín & Georgina Maldonado, 2009. "Internal and external factors of competitiveness in the middle-income countries," Documentos de Trabajo del Instituto Complutense de Estudios Internacionales 08-09, Universidad Complutense de Madrid, Instituto Complutense de Estudios Internacionales.
- NEP-ALL-2009-11-27 (All new papers)
- NEP-CSE-2009-11-27 (Economics of Strategic Management)
- NEP-DEV-2009-11-27 (Development)
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