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Selected Approaches to Measurement of National Competitiveness and the Results of Visegrad Group in Years 2007-2014
[Vybrané přístupy k měření národní konkurenceschopnosti: výsledky zemí Visegrádské čtyřky v letech 2007-2014]

Author

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  • Marta Nečadová

Abstract

The first objective of this paper is to briefly describe and compare the methodology of the two best known international rankings of competitiveness (World Competitiveness Yearbook and The Global Competitiveness Report). The method of construction of these scoreboards (proportion of hard and soft data, form of their aggregation, choice of respondents, etc.) does not make it possible to find a satisfactory answer to the question whether national competitiveness is objectively measurable. The second goal of this paper is to analyse the V4 results in these rankings. According to the GCR all the V4 are most successful in indicators called Efficiency enhancers. The low trust in the political representation and its activities is typical for the V4 countries. This negative attitude is projected into negative evaluation of the quality of public institutions and public administration.

Suggested Citation

  • Marta Nečadová, 2015. "Selected Approaches to Measurement of National Competitiveness and the Results of Visegrad Group in Years 2007-2014 [Vybrané přístupy k měření národní konkurenceschopnosti: výsledky zemí Visegrádsk," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2015(2), pages 22-39.
    • Handle: RePEc:prg:jnlaop:v:2015:y:2015:i:2:id:468:p:22-39
    DOI: 10.18267/j.aop.468
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    References listed on IDEAS

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    1. Marta Nečadová & Jindřich Soukup, 2013. "Kontroverzní pojem národní konkurenceschopnost a výsledky zemí V-4 v mezinárodních žebříčcích konkurenceschopnosti 2007-2012 [The Controversial Concept of National Competitiveness and the Results o," Politická ekonomie, Prague University of Economics and Business, vol. 2013(5), pages 583-604.
    2. Mercedes Delgado & Christian Ketels & Michael E. Porter & Scott Stern, 2012. "The Determinants of National Competitiveness," NBER Working Papers 18249, National Bureau of Economic Research, Inc.
    3. 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.
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    More about this item

    Keywords

    National Competitiveness; Visegrad group; World Competitiveness Yearbook; Global Competitiveness Report; Global Competitiveness Index;
    All these keywords.

    JEL classification:

    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
    • F00 - International Economics - - General - - - General
    • F60 - International Economics - - Economic Impacts of Globalization - - - General
    • F62 - International Economics - - Economic Impacts of Globalization - - - Macroeconomic Impacts

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