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Testing of APEC Countries’ Competitiveness Dynamics Through Fuzzy Clustering Analysis and Some Findings

Author

Listed:
  • Kivanc Halil ARIC

    (Cumhuriyet University, Faculty of Economics and Administrative Sciences, Department of International Trade and Logistic)

  • Necati Alp ERILLI

    (Cumhuriyet University, Faculty of Economics and Administrative Sciences, Department of Econometrics)

  • Hatice ERKEKOGLU

    (Erciyes Universitesi, School of Applied Sciences, Department of International Trade and Logistic)

Abstract

Competitiveness structures of countries have an important impact on production, export and growth of countries. Porter’s Diamond Model presents a comprehensive framework on the competitiveness dynamics of a country. The purpose of this study is to assert the similarities of competitiveness dynamics between APEC member countries. In this study, fuzzy clustering analysis was used. APEC countries except New Zealand, Mexico and Brunie clustered differently. It has been observed that USA, Canada, Australia, Hong Kong and Singapore are in the same cluster in 2008, 2010 and 2012; Japan, South Korea, Thailand and Taiwan are in the same cluster in 2008, 2009 and 2012. Malaysia and Chile, Russia and Vietnam, Peru and Philippines are in the same cluster in all years. So it can be said that these countries resemble with regards to competitiveness dynamics.

Suggested Citation

  • Kivanc Halil ARIC & Necati Alp ERILLI & Hatice ERKEKOGLU, 2014. "Testing of APEC Countries’ Competitiveness Dynamics Through Fuzzy Clustering Analysis and Some Findings," Ege Academic Review, Ege University Faculty of Economics and Administrative Sciences, vol. 14(3), pages 441-450.
    • Handle: RePEc:ege:journl:v:14:y:2014:i:3:p:441-450
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    References listed on IDEAS

    as
    1. Carvalho, Luciano Castro de & Di Serio, Luiz Carlos & Vasconcellos, Marcos Augusto de, 2012. "Competitividade das nações: análise da métrica utilizada pelo World Economic Forum," RAE - Revista de Administração de Empresas, FGV-EAESP Escola de Administração de Empresas de São Paulo (Brazil), vol. 52(4), July.
    2. Harry P. Bowen & Wim Moesen, 2009. "Composite Competitiveness Indicators With Endogenous Versus Predetermined Weights : An Application to the World Economic Forum’s Global Competitiveness Index," Discussion Paper Series 2009-02, McColl School of Business, Queens University of Charlotte.
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    More about this item

    Keywords

    APEC; competitiveness; diamond model; fuzzy clustering analysis;
    All these keywords.

    JEL classification:

    • C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • F0 - International Economics - - General
    • F53 - International Economics - - International Relations, National Security, and International Political Economy - - - International Agreements and Observance; International Organizations
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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