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Competitividade das nações: análise da métrica utilizada pelo World Economic Forum

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  • Carvalho, Luciano Castro de
  • Di Serio, Luiz Carlos
  • Vasconcellos, Marcos Augusto de

Abstract

The competitiveness of nations is a relevant matter to decision makers when it comes to choose the country which may yield better results on investment. In this trend, this study seeks to analyze the metrics of competitiveness of countries using multivariate statistical concepts in order to simplify and avoid mixed results on the subject. With such a purpose, we used the databases published by the World Economic Forum (WEF) in 2010, which uses twelve pillars to establish the competitive position of 133 countries. It was found that the metric used by the WEF is redundant since it relies on pillars that represent the same construct. It was found that Technology Readiness explains the country’s competitiveness in 86.5% and that the combination of Macroeconomic Stability, Quality of Higher Education and Business Sophistication rises this percentage to 95.7%.

Suggested Citation

  • 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.
    • Handle: RePEc:fgv:eaerae:v:52:y:2012:i:4:a:30465
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    Cited by:

    1. Martyn Davies & Peter Draper & Hannah Edinger, 2014. "Changing China, Changing Africa: Future Contours of an Emerging Relationship," Asian Economic Policy Review, Japan Center for Economic Research, vol. 9(2), pages 180-197, July.
    2. Florent Bédécarrats & Isabelle Guérin & François Roubaud, 2015. "The gold standard for randomized evaluations: from discussion of method to political economy," Working Papers DT/2015/01, DIAL (Développement, Institutions et Mondialisation).
    3. Joachim Guilhoto & Jean-Marc Siroën & Ayçil Yücer, 2015. "The gravity model, global value chain and the brazilian states," Working Papers DT/2015/02, DIAL (Développement, Institutions et Mondialisation).
    4. Julia Stefanova & Zhivka Kalaydzhieva, 2014. "Strengthening the Regional Integration in Central and Eastern Europe through Cohesion Policy Instruments and Cooperation among Stock Exchanges," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 2(1), pages 76-87, May.
    5. 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.
    6. Gurvich, Evsey, 2013. "7-32," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, pages 7-32, June.
    7. Vincenzo Patrizii & Giuliano Resce, 2015. "Public Sector Contribution To Competitiveness," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 1(3), pages 401-443, November.
    8. FERRAGINA, Anna Maria, 2013. "The Impact of FDI on Firm Survival and Employment: A Comparative Analysis for Turkey and Italy," CELPE Discussion Papers 127, CELPE - CEnter for Labor and Political Economics, University of Salerno, Italy.

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