Competitiveness of the European Union: Converging or diverging tendency?

被引:0
|
作者
Balcarova, Pavlina [1 ]
机构
[1] Mendel Univ Brno, Fac Business & Econ, Dept Econ, Zemedelska 1, Brno 61300, Czech Republic
来源
18TH INTERNATIONAL CONFERENCE ENTERPRISE AND COMPETITIVE ENVIRONMENT | 2015年
关键词
competitiveness; European Union; beta convergence; sigma convergence; divergence; competitiveness index; regression; standard deviation;
D O I
暂无
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
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.
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页码:36 / 45
页数:10
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