IDEAS home Printed from https://ideas.repec.org/a/bal/journl/2256-074220206415.html
   My bibliography  Save this article

The Apec Integrated Competitive Force Index

Author

Listed:
  • Mykola Palinchak

    (Uzhorod National University, Ukraine)

  • Olena Zayats

    (Uzhorod National University, Ukraine)

  • Viktoria Bokoch

    (Uzhorod National University, Ukraine)

Abstract

The number of actors that affect the distribution of the competitive force in the global economy is growing, and the spheres of economic competition or cooperation are expanding to build up the competitive force. The article emphasizes the significant impact of international economic integration on the sustainable economic development of the world economy. It also shows that the study of the competitive force of interstate integration groupings is highly relevant today, as international economic integration plays a fundamental role in the development of trade and competitive relations between countries. The paper offers the methodology for competitiveness grouping of Member States of the international integration groupings in order to assess the global competitive force of trade and economic groupings in the world economy. The purpose is to investigate the Integrated Competitive Force Index of Asia-Pacific Economic Cooperation (APEC) 2019 in order to analyze the attractiveness of APEC in terms of the global competitive force. It is also important to determine the attractiveness of APEC competitive environment according to 12 criteria on the basis of the research, which, in turn, allows for a better understanding and ranking of interstate integration groupings according to their competitive forces. Result. Based on the data of the Global Competitiveness Report 2019 on the competitiveness of Asia-Pacific Economic Cooperation Member States (APEC), the Integrated Competitive Force Index of APEC as an interstate integration grouping has been calculated. The Index will help to assess economic integration or disintegration processes in the global economy. The article proves the necessity of the annual integrated competitive force ranking of international integration groupings. Practical implications. The introduction of the new Integrated Competitive Force Index of interstate integration groupings will help competition policymakers to decide which processes of economic integration or disintegration should be preferred in order to build up their competitive force in the global economy.

Suggested Citation

  • Mykola Palinchak & Olena Zayats & Viktoria Bokoch, 2020. "The Apec Integrated Competitive Force Index," Baltic Journal of Economic Studies, Publishing house "Baltija Publishing", vol. 6(4).
  • Handle: RePEc:bal:journl:2256-0742:2020:6:4:15
    DOI: 10.30525/2256-0742/2020-6-4-118-124
    as

    Download full text from publisher

    File URL: http://www.baltijapublishing.lv/index.php/issue/article/view/866/917
    Download Restriction: no

    File URL: http://www.baltijapublishing.lv/index.php/issue/article/view/866
    Download Restriction: no

    File URL: https://libkey.io/10.30525/2256-0742/2020-6-4-118-124?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Karl Aiginger, 2006. "Competitiveness: From a Dangerous Obsession to a Welfare Creating Ability with Positive Externalities," Journal of Industry, Competition and Trade, Springer, vol. 6(2), pages 161-177, June.
    2. Krugman, Paul R, 1996. "Making Sense of the Competitiveness Debate," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 12(3), pages 17-25, Autumn.
    3. World Bank, 2020. "Doing Business 2020," World Bank Publications - Books, The World Bank Group, number 32436.
    4. Надежда Семеновна Резникова, 2013. "Коллизии Присутствия Иностранных Инвестиций В Реальном Секторе Российской Экономики [Collisions of foreign investments presence in real sector of the russian economy]," Published articles, Institute of Economics.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Zhelev, Paskal & Tzanov, Tzvetomir, 2012. "Bulgaria's export competitiveness before and after EU accession," MPRA Paper 104698, University Library of Munich, Germany.
    2. Karl Aiginger & Susanne Bärenthaler-Sieber & Johanna Vogel, 2013. "Competitiveness under New Perspectives. WWWforEurope Working Paper No. 44," WIFO Studies, WIFO, number 47019.
    3. Florian Flachenecker, 2018. "The causal impact of material productivity on macroeconomic competitiveness in the European Union," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 20(1), pages 17-46, January.
    4. Raphaël Chiappini, 2012. "Les indices composites sont-ils de bonnes mesures de la compétitivité des pays ?," Larefi Working Papers 1205, Larefi, Université Bordeaux 4.
    5. Karl Aiginger & Susanne Bärenthaler-Sieber & Johanna Vogel, 2015. "Competitiveness of EU versus USA. WWWforEurope Policy Paper No. 29," WIFO Studies, WIFO, number 58553.
    6. Borys Volodymyrovich Burkynskyi & Alexei Borisovich Alyokhin & Anna Bogdanovna Brutman & Zoia Nikolaevna Sokolovska & Nina Ippolytivna Khumarova, 2019. "Competitiveness and Related Concepts: A Logical Approach to Definition," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 4, pages 18-44.
    7. Basak Cetinguc & Fethi Calisir & Murat Guven & Bulent Guloglu, 2023. "Are Human Development and Innovativeness Levels Good Predictors of the Competitiveness of Nations? A Panel Data Approach," Sustainability, MDPI, vol. 15(24), pages 1-16, December.
    8. KAPITSINIS, Nikolaos & METAXAS, Theodore & DUQUENNE, Marie Noelle, 2013. "Exploring The Coherence And The Meaning Of Territorial Competition: Do National States Behave In The Same Way As Firms In Case Of Default?. The Cases Of Greece And Dubai," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 13(2), pages 57-72.
    9. Tatyana Boikova & Sandija Zeverte-Rivza & Peteris Rivza & Baiba Rivza, 2021. "The Determinants and Effects of Competitiveness: The Role of Digitalization in the European Economies," Sustainability, MDPI, vol. 13(21), pages 1-22, October.
    10. Stanley Tweyman, 2022. "The Two Truths that Descartes Discovers in His Meditations on First Philosophy that Do Not Require the Divine Guarantee," European Journal of Social Sciences Articles, Revistia Research and Publishing, vol. 5, January -.
    11. Enrique García R & Alvaro Mendez, 2021. "Mañana Today: A Long View of Economic Value Creation in Latin America," Global Policy, London School of Economics and Political Science, vol. 12(3), pages 410-413, May.
    12. Fernando Castelló-Sirvent & Pablo Pinazo-Dallenbach, 2021. "Corruption Shock in Mexico: fsQCA Analysis of Entrepreneurial Intention in University Students," Mathematics, MDPI, vol. 9(14), pages 1-31, July.
    13. Bouët, Antoine & Elbehri, Aziz & Nguyen, Duc Bao & Traoré, Fousseini, 2022. "Measuring Agricultural Trade Integration in Southeast Asia," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 37(2), pages 235-266.
    14. Izabela Mlynarzewska-Borowiec, 2022. "Digital Competitiveness Gap between the US and EU Member States in the 21st Century," European Research Studies Journal, European Research Studies Journal, vol. 0(4), pages 364-380.
    15. Coppola, A. & Ianuario, S. & Chinnici, G. & Di Vita, G. & Pappalardo, G. & D'Amico, D., 2018. "Endogenous and Exogenous Determinants of Agricultural Productivity: What Is the Most Relevant for the Competitiveness of the Italian Agricultural Systems?," AGRIS on-line Papers in Economics and Informatics, Czech University of Life Sciences Prague, Faculty of Economics and Management, vol. 10(2).
    16. Päivi Karhunen & Svetlana Ledyaeva, 2021. "Is Chain Affiliation a Strategic Asset or Constraint in Emerging Economies? Competitive Strategies and Performance in the Russian Hotel Industry," Management International Review, Springer, vol. 61(3), pages 403-427, June.
    17. Huy-Cuong Vo-Thai & Trinh-Hoang Hong-Hue & My-Linh Tran, 2021. "Technological- and Non-Technological Innovation During the Growth Phase of Industry Life Cycle: An Evidence From Vietnamese Manufacturing Enterprises," SAGE Open, , vol. 11(3), pages 21582440211, July.
    18. Sung Li & Long Zhao, 2015. "The competitiveness and development strategies of provinces in China: a data envelopment analysis approach," Journal of Productivity Analysis, Springer, vol. 44(3), pages 293-307, December.
    19. repec:zbw:hohpro:338 is not listed on IDEAS
    20. Forbeneh Agha Jude & Chi Collins Penn & Ntieche Adamou, 2018. "Financing of Small and Medium-Sized Enterprises: A Supply-Side Approach Based on the Lending Decisions of Commercial Banks," European Journal of Economics and Business Studies Articles, Revistia Research and Publishing, vol. 4, September.
    21. Giammario Impullitti, 2007. "International Schumpeterian Competition and Optimal R&D subsidies," Economics Working Papers ECO2007/55, European University Institute.

    More about this item

    Keywords

    the Global Competitiveness Index of a country; APEC Member States; international economic integration; the competitive force of an interstate integration grouping; the APEC competitive status in the global economy;
    All these keywords.

    JEL classification:

    • F00 - International Economics - - General - - - General
    • F01 - International Economics - - General - - - Global Outlook
    • F02 - International Economics - - General - - - International Economic Order and Integration
    • F15 - International Economics - - Trade - - - Economic Integration

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bal:journl:2256-0742:2020:6:4:15. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Anita Jankovska (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.