<abstract xmlns="http://www.w3.org/1999/xhtml"><p>National (global) competitiveness became the central issue during the global crisis. Using the values of the three main subdimensions of the Global Competitiveness Index, we propose alternative DEA-based competitiveness indicators. In our approach, the index is nested in the more general measure of the competitiveness-given-performance indicator. We find that globally competitive European countries do not transform competitiveness into income per capita efficiently. Decomposition of the scores suggests that most of the relative inefficiency concentrates in innovation activity. The results proved robust against the CCR model used in previous research as well as principal component analysis.</p></abstract>

National (global) competitiveness became the central issue during the global crisis. Using the values of the three main subdimensions of the Global Competitiveness Index, we propose alternative DEA-based competitiveness indicators. In our approach, the index is nested in the more general measure of the competitiveness-given-performance indicator. We find that globally competitive European countries do not transform competitiveness into income per capita efficiently. Decomposition of the scores suggests that most of the relative inefficiency concentrates in innovation activity. The results proved robust against the CCR model used in previous research as well as principal component analysis.

Global Competitiveness of Europe: A Robust Assessment

Center of Social and Psychological Sciences of the Slovak Academy of Science, Institute for Forecasting

DANUBE

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Global Competitiveness of Europe: A Robust Assessment"}

National (global) competitiveness became the central issue during the global crisis. Using the values of the three main subdimensions of the Global...

Global Competitiveness of Europe: A Robust Assessment

Published Online: Jan 26, 2019

Page range: 245 - 260

DOI: https://doi.org/10.2478/danb-2018-0015

Keywords
Global Competitiveness Index, Economic Performance, Data Envelopment Analysis, European Union

© 2018 Elena Fifeková et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Global Competitiveness of Europe: A Robust Assessment

Published Online: Jan 26, 2019

Page range: 245 - 260

DOI: https://doi.org/10.2478/danb-2018-0015

KeywordsGlobal Competitiveness Index, Economic Performance, Data Envelopment Analysis, European Union

© 2018 Elena Fifeková et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
Global Competitiveness Index, Economic Performance, Data Envelopment Analysis, European Union