Status of global economic powers (Brics, Eu28, Japan, USA): The case for competitiveness and factors influencing progress or decline
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F18%3A10241200" target="_blank" >RIV/61989100:27510/18:10241200 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Status of global economic powers (Brics, Eu28, Japan, USA): The case for competitiveness and factors influencing progress or decline
Original language description
Many of the competitiveness challenges we see today stem from the aftermath of the financial crisis. Today, productivity and growth are not picking up in advanced economies, and the consequences of low and even negative productivity growth in many emerging economies are now evident. Productivity of major world economies can be seen as the source of national performance and subsequent international competitiveness. The paper deals with an application of Data Envelopment Analysis (DEA) method to multi-criteria performance evaluation of countries considered as global economic powers. The aim of the paper is to analyse development of and measure level of productive potential achieved by BRICS countries, the European Union (EU) and its members, Japan and the United States of America (USA) with the help of specialised DEA approach - the Output-Oriented Malmquist Productivity Index in reference period 2007-2016. Using of DEA is convenient due to set of different factors determining productivity, such as Global Competitiveness Index (GCI). Results confirm the constantly strong position of the post-war triad (in order of the EU, USA, and Japan) compared to rapidly developing BRICS countries. It is also evident the growing tendency and corresponding comparison of BRICS performance with traditional economic powers, i.e. triad.
Czech name
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Czech description
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Classification
Type
J<sub>SC</sub> - Article in a specialist periodical, which is included in the SCOPUS database
CEP classification
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OECD FORD branch
50501 - Law
Result continuities
Project
<a href="/en/project/GA17-22426S" target="_blank" >GA17-22426S: Law Aspects of China´s Incorporation into the Global Trade System</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)
Others
Publication year
2018
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Scientific Papers of the University of Pardubice. Series D, Faculty of Economics and Administration
ISSN
1211-555X
e-ISSN
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Volume of the periodical
26
Issue of the periodical within the volume
43
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
13
Pages from-to
208-220
UT code for WoS article
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EID of the result in the Scopus database
2-s2.0-85057868712