Does the Development Potential of the Country Meet Its Productivity? The case of WTO Members and Criterion of Competitiveness Fever.

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F18%3A10241201" target="_blank" >RIV/61989100:27510/18:10241201 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Does the Development Potential of the Country Meet Its Productivity? The case of WTO Members and Criterion of Competitiveness Fever.

Original language description

Changes in the global economy during the last quarter-century or so have intensified competition and increased the need for government support. Competitiveness is thus high on political agenda and depends on a multiplicity of actions that can optimize the development potentials of countries and internal factor endowments. However, do all countries have the same opportunities in terms of competitiveness with respect to their development potential? Countries face very different challenges and priorities as they move from resource-based to knowledge-based stage, what influences their competitive advantages. All countries possess development opportunities - however, use these options must be efficient enough. Competitiveness and performance importantly affecting the world trade and international relations, especially nowadays, in view of the changing position of the world leaders and growth of new economic powers. This creates new threats and challenges in terms of drivers of the economy for all players. The article focuses on using the Data Envelopment Analysis (DEA) and the Cluster Analysis (CA) for comparing the productivity level and efficiency changes of the World Trade Organization (WTO) members. Applicability of evaluation is illustrated by a real dataset involving the factors of competitiveness based on the World Economic Forum (WEF) approach in reference period 2007-2017.

Czech name

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Czech description

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Type

J_SC - Article in a specialist periodical, which is included in the SCOPUS database

CEP classification

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OECD FORD branch

50501 - Law

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)

Publication year

2018

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

Journal of Applied Economic Sciences

ISSN

1843-6110

e-ISSN

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Volume of the periodical

13

Issue of the periodical within the volume

5

Country of publishing house

RO - ROMANIA

Number of pages

19

Pages from-to

1386-1392

UT code for WoS article

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EID of the result in the Scopus database

2-s2.0-85057085257