Sustainable competitiveness: How does global competitiveness index relate to economic performance accompanied by the sustainable development?
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F70883521%3A28120%2F22%3A63554178" target="_blank" >RIV/70883521:28120/22:63554178 - isvavai.cz</a>
Result on the web
<a href="https://www.cjournal.cz/index.php?hid=clanek&bid=archiv&cid=439&cp=" target="_blank" >https://www.cjournal.cz/index.php?hid=clanek&bid=archiv&cid=439&cp=</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.7441/joc.2022.01.08" target="_blank" >10.7441/joc.2022.01.08</a>
Alternative languages
Result language
angličtina
Original language name
Sustainable competitiveness: How does global competitiveness index relate to economic performance accompanied by the sustainable development?
Original language description
The research under discussion remains whether higher competitiveness of a country brings higher economic performance and sustainable growth, e.g., in the V4 region. The objective of the paper is to provide the results of extensive research based on verified Eurostat data to explore this research challenge in the V4 countries during the period of 2007-2019. Simultaneously, the objective is to link the country's economic performance (GDP) to urgent challenges of the contemporary world in the form of sustainability and life quality. In the paper, linear regression, multiple linear regression, and ANOVA were used. A significant impact of the Global Competitiveness Index (GCI) on the level of GDP, and the subsequent positive effect of GDP level on sustainability and life quality indicators has been demonstrated. Our research findings propose an unconventional sustainable competitiveness mechanism. The conclusion outlines the direction from improved competitiveness through higher economic performance reinforcing R&D expenditure and hightech employment to better sustainability and well-being. Moreover, the research results bring initial empirical evidence of the functionality of the proposed mechanism in the V4 countries. Based on this, we can offer policymakers the key research findings pointing at the sustained economic growth accompanied by higher ecology, including life quality. At the same time, the drivers of this development are presented in more detail in our paper.
Czech name
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Czech description
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Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
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OECD FORD branch
50201 - Economic Theory
Result continuities
Project
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Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Journal of Competitiveness
ISSN
1804-171X
e-ISSN
1804-1728
Volume of the periodical
14
Issue of the periodical within the volume
1
Country of publishing house
CZ - CZECH REPUBLIC
Number of pages
19
Pages from-to
136-154
UT code for WoS article
000783309700009
EID of the result in the Scopus database
2-s2.0-85129078532