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Comparative Analysis Of Competitiveness On The Peruvian And Chilean Economies From A Global View

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  • Peña-Vinces, Jesús

    () (Universidad de Sevilla (España))

Abstract

Small economies, such as the Peruvian and Chilean, are immersed in the global arena of emergent economies, so evaluating them from a home based point of view (Porter, 1990) would be limited and of little use. This fact turns Porter’s national diamond framework insufficient for that purpose (Moon, Rugman and Verbeke, 1998). This paper analyzes these economies from a global view that would include local as well as foreign markets; in other words, it applies the International Competitiveness Double Diamond approach proposed by Moon, Rugman & Verbeke (1998), and Moon & Lee (2004). Information from the World Bank, the International Monetary Fund, the World Economic Forum, the Inter-American Development Bank and other sources was gathered to draw up the double diamond. The empirical analyses show that Chile is more competitive globally, while Peru is locally. To sum up, the results imply that Chile is more attractive to direct foreign investment than Peru.

Suggested Citation

  • Peña-Vinces, Jesús, 2009. "Comparative Analysis Of Competitiveness On The Peruvian And Chilean Economies From A Global View," Journal of Economics, Finance and Administrative Science, Universidad ESAN, vol. 14(27), pages 87-105.
  • Handle: RePEc:ris:joefas:0013
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    References listed on IDEAS

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    3. Chang Moon, H. & Rugman, Alan M. & Verbeke, Alain, 1998. "A generalized double diamond approach to the global competitiveness of Korea and Singapore," International Business Review, Elsevier, vol. 7(2), pages 135-150, April.
    4. Dunning, John H. & Lundan, Sarianna M., 1998. "The geographical sources of competitiveness of multinational enterprises: an econometric analysis," International Business Review, Elsevier, vol. 7(2), pages 115-133, April.
    5. Patricio Del Sol & Joseph Kogan, 2007. "Regional competitive advantage based on pioneering economic reforms: the case of Chilean FDI," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 38(6), pages 901-927, November.
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    Cited by:

    1. Peña-Vinces, Jesús C. & Bravo, Saulo & Álvarez, Félix A. & Pineda, Duván, 2011. "ANALYSIS OF CHARACTERISTICS OF BUSINESS INCUBATORS IN COLOMBIA: A Case Study," Journal of Economics, Finance and Administrative Science, Universidad ESAN, vol. 16(30), pages 13-29.
    2. Castro-Gonzáles, Segundo & Peña-Vinces, Jesús C. & Guillen, Jorge, 2016. "The competitiveness of Latin-American economies: Consolidation of the double diamond theory," Economic Systems, Elsevier, vol. 40(3), pages 373-386.

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