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Are competitiveness rankings and institutional measures helping emerging economies to improve?
Competitiveness Review ( IF 2.9 ) Pub Date : 2022-05-26 , DOI: 10.1108/cr-04-2021-0064
Ricardo E. Buitrago R. , Daniel Ricardo Torralba Barreto , Giovanni E. Reyes

Purpose

Based on the rankings of the global competitiveness index and the fragile states index, this paper aims to suggest alternative approaches to shed some light on the effectiveness of rankings in helping emerging economies improve their competitiveness from an institutional standpoint.

Design/methodology/approach

The statistical analysis consisted of a two-stage analysis; the first stage consisted of constructing an updated Alternative Institutional Quality Index (AIQI), intending to design a comparative measure between dimensions over time. The second stage consisted of evidencing the structure of each of the observed dimensions' variance to evidence the existing changes or gaps of the AIQI and its components. The authors incorporated the Kruskas–Wallis (KW) model to test the results.

Findings

This paper demonstrates that the analyzed countries generally maintain their competitive position, even though changes in their scores are reflected. This makes invisible the development and progress factors generated by the countries that are mainly found with low scores and only reflect stable structures that allow them to maintain their position.

Research limitations/implications

The current study has a limitation because it concentrated on a few selected indicators based on the literature review. The limitations of this research may be overlooked in the future by adding additional variables and observations. The paper could be improved by including intra- and inter-regional approaches to control based on the occurrence of specific circumstances (i.e. informal institutions, economic development or factor endowments).

Practical implications

The paper contributes to the applicable measurement of competitiveness and its structural change over time.

Originality/value

This paper proposed an alternative and simple methodology to assess the evolution of the competitiveness indicators; this methodology could be used to measure structural changes at different levels, which may be an input for the design and implementation of policies to foster competitiveness.



中文翻译:

竞争力排名和制度措施是否有助于新兴经济体改善?

目的

基于全球竞争力指数和脆弱国家指数的排名,本文旨在提出替代方法,从制度的角度阐明排名在帮助新兴经济体提高竞争力方面的有效性。

设计/方法/方法

统计分析包括两阶段分析;第一阶段包括构建一个更新的替代机构质量指数(AIQI),旨在设计一个不同维度之间的比较衡量标准。第二阶段包括证明每个观察到的维度方差的结构,以证明 AIQI 及其组成部分的现有变化或差距。作者结合了 Kruskas-Wallis (KW) 模型来测试结果。

发现

本文表明,被分析的国家总体上保持其竞争地位,即使它们的得分变化有所反映。这使得主要是低分国家产生的发展和进步因素不可见,只反映了能够保持其地位的稳定结构。

研究限制/影响

目前的研究存在局限性,因为它集中在基于文献综述的几个选定指标上。通过添加额外的变量和观察结果,未来可能会忽略这项研究的局限性。可以通过纳入基于特定情况(即非正式制度、经济发展或要素禀赋)发生的区域内和区域间控制方法来改进该文件。

实际影响

本文有助于对竞争力及其随时间的结构变化进行适用的衡量。

原创性/价值

本文提出了一种替代且简单的方法来评估竞争力指标的演变;这种方法可以用来衡量不同层次的结构变化,这可以作为设计和执行政策以培养竞争力的投入。

更新日期:2022-05-24
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