Competitiveness of the European Union: Converging or diverging tendency?

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F15%3A43909041" target="_blank" >RIV/62156489:43110/15:43909041 - isvavai.cz</a>

Result on the web

<a href="https://ece.pefka.mendelu.cz/sites/default/files/imce/ece_2015_final.pdf" target="_blank" >https://ece.pefka.mendelu.cz/sites/default/files/imce/ece_2015_final.pdf</a>

DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Competitiveness of the European Union: Converging or diverging tendency?

Original language description

National competitiveness is a very frequently used term in the last decades. The time period, when it was possible to call the concept of macroeconomic competitiveness into question, is gone. Nowadays all countries and economic integrations need to accept this concept and work towards improving their competitiveness. The European Union also realised this challenge and has started taking up interest in competitiveness. The EU accepted the Lisbon strategy in the year 2000 and the strategy Europe 2020 ten years later. Both this strategies indicate macroeconomic competitiveness as one of the priorities of the European Union. As it is obvious from these strategies not only the competitiveness growth is important. Major role plays the competitiveness convergence among the individual countries. The homogeneity of the EU member states is crucial for further common development and competitiveness is one of the most important indicators of the homogeneity. In the contribution we reflect this EU challenge and aim to verify, whether the differences in competitiveness among individual EU economies decrease or not. We apply two widely used competitiveness indices to evaluate competitiveness and test their convergence applying the concept of beta and sigma convergence. According to our results, convergence is confirmed only when we use the Global Competitiveness Index to evaluate competitiveness. For the World Competitiveness Index no significant results were found.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

AH - Economics

OECD FORD branch

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Project

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Continuities

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year

2015

Confidentiality

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

Article name in the collection

Enterprise and Competitive Environment: Conference Proceedings

ISBN

978-80-7509-342-4

ISSN

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e-ISSN

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Number of pages

10

Pages from-to

36-45

Publisher name

Mendelova univerzita v Brně

Place of publication

Brno

Event location

Brno

Event date

Mar 5, 2015

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000380464000005