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Economic, social and environmental dimension of sustainable competitiveness of European countries

Author

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  • Danijela Despotovic
  • Slobodan Cvetanovic
  • Vladimir Nedic
  • Milan Despotovic

Abstract

Over the last decade, promotion of competitiveness represents one of the central goals of economic policy of most of the countries. Moreover, in recent years, the promotion of competitiveness has been seen as a way of achieving desirable changes in economy and society. While there is no unity of views in the theory regarding the conceptual definition of the phenomenon of competitiveness, it is becoming less arguable that in strictly economic terms, competitiveness is a synonym for productivity. However, it should be noted that productivity growth that is accompanied by increasing social imbalance (for example, inequality in income distribution), on the one hand, and environmental pollution, on the other hand, cannot be a guarantee of improving the competitiveness of countries in the long run. Acknowledging precisely this fact and using the data from World Economic Forum on Global Competitiveness 2013, this paper elaborates on the phenomenon of sustainable competitiveness and tests the hypothesis about the positive impact of its social and environmental dimension on the economic dimension of sustainable competitiveness that is represented by the value of the Global Competitiveness Index. The survey of 34 countries confirmed the indisputable positive impact of the social dimension of sustainability, but also variable direction of the impact of the environmental dimension of sustainability (depending on the level of GDP per capita) on the economic dimension of sustainable competitiveness of European countries in 2013.

Suggested Citation

  • Danijela Despotovic & Slobodan Cvetanovic & Vladimir Nedic & Milan Despotovic, 2016. "Economic, social and environmental dimension of sustainable competitiveness of European countries," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 59(9), pages 1656-1678, September.
    • Handle: RePEc:taf:jenpmg:v:59:y:2016:i:9:p:1656-1678
    DOI: 10.1080/09640568.2015.1085370
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    Cited by:

    1. Mohammad Soltani Delgosha & Tahereh Saheb & Nastaran Hajiheydari, 2021. "Modelling the Asymmetrical Relationships between Digitalisation and Sustainable Competitiveness: A Cross-Country Configurational Analysis," Information Systems Frontiers, Springer, vol. 23(5), pages 1317-1337, September.
    2. Noman Sahito & Haoying Han & Thuy Van Thi Nguyen & Insin Kim & Jinsoo Hwang & Arif Jameel, 2020. "Examining the Quasi-Public Spaces in Commercial Complexes," Sustainability, MDPI, vol. 12(5), pages 1-16, February.
    3. Camelia-Cristina Dragomir & Diana Foriş & Aurel Mihail Ţîţu & Tiberiu Foriş, 2020. "The Role of Intermediaries in Supporting Collaboration for Sustainability: A Model of Commissioning Intervention in the Multi-Stakeholder Collaboration for Sustainable Territorial Development," Sustainability, MDPI, vol. 12(17), pages 1-16, August.
    4. Mohammad Soltani Delgosha & Tahereh Saheb & Nastaran Hajiheydari, 0. "Modelling the Asymmetrical Relationships between Digitalisation and Sustainable Competitiveness: A Cross-Country Configurational Analysis," Information Systems Frontiers, Springer, vol. 0, pages 1-21.
    5. Andrea Okanović & Jelena Ješić & Vladimir Đaković & Simonida Vukadinović & Andrea Andrejević Panić, 2021. "Increasing University Competitiveness through Assessment of Green Content in Curriculum and Eco-Labeling in Higher Education," Sustainability, MDPI, vol. 13(2), pages 1-20, January.
    6. Bárcena‐Martín, Elena & Medina‐Claros, Samuel & Pérez‐Moreno, Salvador, 2020. "Economic gender gap in the Global South: how institutional quality matters," MERIT Working Papers 2020-025, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    7. Elena Bárcena-Martín & Samuel Medina-Claros & Salvador Pérez-Moreno, 2021. "Economic Gender gap in the Global South: How Public Institutions Matter," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 158(2), pages 459-483, December.
    8. Haoying Han & Noman Sahito & Thuy Van Thi Nguyen & Jinsoo Hwang & Muhammad Asif, 2019. "Exploring the Features of Sustainable Urban Form and the Factors that Provoke Shoppers towards Shopping Malls," Sustainability, MDPI, vol. 11(17), pages 1-20, September.
    9. Maria-Ana Georgescu & Emilia Herman, 2019. "Productive Employment for Inclusive and Sustainable Development in European Union Countries: A Multivariate Analysis," Sustainability, MDPI, vol. 11(6), pages 1-19, March.
    10. Catalin GRADINARU & Sorin-George TOMA & Stefan CATANA, 2021. "Sustainability And Competitiveness At The Global Level: An Analysis Of The Top 10 Countries In The Period 2018-2020," Contemporary Economy Journal, Constantin Brancoveanu University, vol. 6(3), pages 121-128.
    11. Grigoris Giannarakis & Andreas Andronikidis & Nikolaos Sariannidis, 2020. "Determinants of environmental disclosure: investigating new and conventional corporate governance characteristics," Annals of Operations Research, Springer, vol. 294(1), pages 87-105, November.
    12. Rahcmad Budi Suharto & Eny Rochaida & Juliansyah Roy & Meiki Permana, 2021. "Analysis of Inclusive Economic Development of Environmental Quality in Indonesia by Examining Environmental Kuznets Curve," International Journal of Energy Economics and Policy, Econjournals, vol. 11(4), pages 225-229.
    13. Eduardo Medeiros, 2020. "Portugal 2020: An Effective Policy Platform to Promote Sustainable Territorial Development?," Sustainability, MDPI, vol. 12(3), pages 1-16, February.
    14. Anvar Tulaganov & Gulnara Sagindykova & Murad Isaev & Bibigul Bimbetova & Maira Kaiyrgaliyeva & Bakhitzhamal Aidosova & Aizhan Orynbassarova, 2022. "The Impact Analysis of Electricity Prices on the Energy Intensity of the Kazakhstani Economy and Sustainable Development," International Journal of Energy Economics and Policy, Econjournals, vol. 12(2), pages 241-248, March.
    15. Eduardo Medeiros & Bernardo Valente & Vasco Gonçalves & Paula Castro, 2022. "How Impactful Are Public Policies on Environmental Sustainability? Debating the Portuguese Case of PO SEUR 2014–2020," Sustainability, MDPI, vol. 14(13), pages 1-17, June.

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