Is Global Competitiveness Speeding Up the Growth in the EU? A Panel Data Analyis
Dec 06, 2018
About this article
Published Online: Dec 06, 2018
Page range: 1 - 23
Received: Jul 01, 2018
Accepted: Sep 01, 2018
DOI: https://doi.org/10.2478/sues-2018-0017
Keywords
© 2018 Olimpia Neagu, published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 License.
The paper documents the impact of global competitiveness on economic growth in the EU Member States. In a panel data approach, for a time span of 10 years (2008- 2017), a validated influence of Global Competitiveness Index on annual rate of GDP in the EU countries was found. The impact is higher in the group of Eastern and Central European countries (ECE) than in the Western European (well developed) countries, as well as at European economy level.