Measuring Competitiveness at the Subnational Level

Measuring Competitiveness at the Subnational Level PDF Author: Giuseppe Iarossi
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
The purpose of this paper is to present a new approach to estimate competitiveness at the subnational level and identify the most important policy reforms likely to foster competitiveness in a locality. The model builds on the literature that links competitiveness to productivity and exploits a number of design features of composite indicators that allow for: (a) modeling the latent and multidimensional nature of competitiveness, (b) rewarding the most progress in policy areas where performance is worse, and (c) ensuring that the composite indicator is not driven by data availability. The methodology is applied to estimate the competitiveness ranking among 37 Nigerian states. The same structural model is then used to simulate the effects of policy reforms and to identify, for each state, the three reforms with the highest impact on the country's competitiveness standing. The ultimate purpose of this method is to spark a healthy debate at the subnational and national levels regarding the most important reforms needed to improve competitiveness and contribute to the productivity growth of the private sector in economies around the world.

Measuring Competitiveness at the Subnational Level

Measuring Competitiveness at the Subnational Level PDF Author: Giuseppe Iarossi
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

Get Book Here

Book Description
The purpose of this paper is to present a new approach to estimate competitiveness at the subnational level and identify the most important policy reforms likely to foster competitiveness in a locality. The model builds on the literature that links competitiveness to productivity and exploits a number of design features of composite indicators that allow for: (a) modeling the latent and multidimensional nature of competitiveness, (b) rewarding the most progress in policy areas where performance is worse, and (c) ensuring that the composite indicator is not driven by data availability. The methodology is applied to estimate the competitiveness ranking among 37 Nigerian states. The same structural model is then used to simulate the effects of policy reforms and to identify, for each state, the three reforms with the highest impact on the country's competitiveness standing. The ultimate purpose of this method is to spark a healthy debate at the subnational and national levels regarding the most important reforms needed to improve competitiveness and contribute to the productivity growth of the private sector in economies around the world.

Annual Competitiveness Analysis And Impact Estimation Of Exchange Rates On Exports From Sub-national Economies Of India

Annual Competitiveness Analysis And Impact Estimation Of Exchange Rates On Exports From Sub-national Economies Of India PDF Author: Tan Khee Giap
Publisher: World Scientific
ISBN: 9811207984
Category : Business & Economics
Languages : en
Pages : 212

Get Book Here

Book Description
Asia Competitiveness Institute (ACI) at the Lee Kuan Yew School of Public Policy (LKYSPP), National University of Singapore (NUS) started producing its flagship analysis of competitiveness covering the sub-national economies of India on an annual basis since 2013. A unique feature of ACI's research comes from an effort to recognise the heterogeneity of India and how the variations in the dynamics of competitiveness pan out at the sub-national level. This book entitled Annual Competitiveness Analysis and Impact Estimation of Exchange Rates on Exports from Sub-National Economies of India not only undertakes a comprehensive and robust analysis of competitiveness in India's 36 sub-national economies but also features an empirical analysis of the impact of exchange rate movements and volatility on exports from sub-national economies of India.Overall, the analysis we provide in this book relating to different dimensions of competitiveness of India's sub-national economies can not only stand up to academic scrutiny as it is grounded in rigorous methodological foundations but also remains accessible and appealing to policymakers as we offer tailored policy recommendations based on our analysis that will enable them to take appropriate policy interventions in their sub-national economies to improve their overall competitiveness.

2016 Annual Competitiveness And Growth Slowdown Analysis For Sub-national Economies Of India

2016 Annual Competitiveness And Growth Slowdown Analysis For Sub-national Economies Of India PDF Author: Khee Giap Tan
Publisher: World Scientific
ISBN: 9813226838
Category : Business & Economics
Languages : en
Pages : 237

Get Book Here

Book Description
This book undertakes rigorous empirical research on competitiveness of the sub-national economies of India. One of the cornerstones of Asia Competitiveness Institute (ACI)'s research strategies is to factor in the diversity of sub-national economies in a large and diverse country like India and undertake rigorous research that will inform policymakers in these economies. ACI's competitiveness framework computes rankings for all the sub-national economies of India by accounting for a plethora of socio-economic development indicators that determine competitiveness.Into its fourth edition, this book entitled 2016 Annual Competitiveness and Growth Slowdown Analysis for Sub-National Economies of India presents our annual update of competitiveness analysis of India's sub-national economies. ACI's competitiveness analysis employs 75 different indicators across four different environments to capture the dynamics of competitiveness in a holistic way at the sub-national level. The book also has a What-if competitiveness simulation exercise to identify the specific policy areas that each sub-national economy must focus on to improve its rankings.Further to an analysis of competitiveness, the book delves deeper into understanding the dynamics of economic growth of the various sub-national economies in India, which is a significant value-addition to the related literature as the book has a comprehensive and dedicated discussion on the prospects of and determinants of growth slowdown at the sub-national level.

2017 Annual Competitiveness Analysis And Impact Of Exchange Rates On Foreign Direct Investment Inflows To Sub-national Economies Of India

2017 Annual Competitiveness Analysis And Impact Of Exchange Rates On Foreign Direct Investment Inflows To Sub-national Economies Of India PDF Author: Khee Giap Tan
Publisher: World Scientific
ISBN: 9813272325
Category : Business & Economics
Languages : en
Pages : 221

Get Book Here

Book Description
This book entitled 2017 Annual Competitiveness Analysis and Impact of Exchange Rates on Foreign Direct Investment Inflows to Sub-National Economies of India is the fifth edition of the Asia Competitiveness Institute's flagship analysis of competitiveness covering the sub-national economies of India. The research in this study comes from an effort to recognise the heterogeneity of India and how the variations in the dynamics of competitiveness pan out at the sub-national level.Based on rigorous methodological foundations, the competitiveness study possesses several distinguishing features. First, the competitiveness index is constructed from a holistic set of 75 indicators spanning four different dimensions encompassing (1) macroeconomic stability, (2) government and institutional setting, (3) financial, business and manpower conditions, and (4) quality of life and infrastructure development, which carry equal weights. Second, the Shapley Values approach is used to construct alternative weights for the competitiveness index. Such approach measures the marginal contribution of a particular indicator used in the analysis and is embedded in solid mathematical and theoretical foundations. This serves as a robustness check to the Equal Weights approach. Third, the analysis includes a What-if competitiveness simulation exercise to identify the specific policy areas that each sub-national economy must focus on to improve its rankings.Intrinsically tied to the notion of competitiveness is the issue of maintaining a competitive exchange rate. Using real effective exchange rates as a proxy for competitiveness, this book also undertakes an empirical investigation of the impact of real exchange rates on foreign direct investment inflows at the sub-national level in India.This edition is recommended for academics, undergraduate and graduate students, and professionals interested in India's economic development.

Measuring Competitiveness

Measuring Competitiveness PDF Author: J. Peter Neary
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451864694
Category : Business & Economics
Languages : en
Pages : 21

Get Book Here

Book Description
This paper reviews alternative approaches to measuring an economy's cost competitiveness and proposes some new measures inspired by the economic theory of index numbers. The indices provide a theoretical benchmark for estimated real effective exchange rates, but differ from standard measures in that they are based on marginal rather than average sectoral shares in GDP or employment. The use of the new indices is illustrated by some simple calculations that highlight the potential exposure of the Irish economy to fluctuations in the euro-sterling exchange rate.

Annual Competitiveness Analysis And Impact Estimation Of Exchange Rates On Exports From Sub-national Economies Of Indonesia

Annual Competitiveness Analysis And Impact Estimation Of Exchange Rates On Exports From Sub-national Economies Of Indonesia PDF Author: Khee Giap Tan
Publisher: World Scientific
ISBN: 9811207860
Category : Business & Economics
Languages : en
Pages : 391

Get Book Here

Book Description
Indonesia is one of the largest economies in the world and is one of the major players in the global economy. The diversity in Indonesia's socio-economic structure from province to province and region to region warrants an in-depth inquisition at the sub-national level. This book forms part of the series of Asia Competitiveness Institute (ACI) annual flagship study on the competitiveness of the 34 provinces in Indonesia. Using over 100 indicators, the study covers four environments in (1) Macroeconomic Stability, (2) Government and Institutional Setting, (3) Financial, Businesses and Manpower Conditions and (4) Quality of Life and Infrastructure Development, and 12 sub-environments. This book also provides insights to the comparative strengths and weaknesses of the sub-national economies and conducts a 'What-ifs' policy simulation to craft targeted policy recommendations for each province.This sixth edition will continue to elucidate the competitiveness landscape of each province's competitiveness. Additionally, this edition will also feature commentaries by the local academics on the recent developments in the 34 provinces of Indonesia. In view of the importance of international trade to the Indonesia's economy, this book also features the study of impact estimation of exchange rates on exports in Indonesia.

Contemporary Approaches to Measuring Competitiveness - The Case of EU Member States

Contemporary Approaches to Measuring Competitiveness - The Case of EU Member States PDF Author: Alemka Ĺ egota
Publisher:
ISBN:
Category :
Languages : en
Pages : 28

Get Book Here

Book Description
Competitiveness represents a concept that has occupied a great deal of the economic theorists' attention for decades. Due to its complexity and different perceptions, it has not been uniquely defined yet and neither has its measurement system been completely developed. The problem of the conducted research arises from the fact that the countries mostly due to structural and other constraints in the economy (or in cases where they have high levels of GDP) do not use the available inputs in the best way, i.e. they do not achieve a satisfactory level of economic efficiency, which is then reflected on the competitiveness of their economies. The aim of the research paper is to demonstrate how a combination of using Data Envelopment Analysis Method (DEA) and the Global Competitiveness Index (GCI) in ranking the countries according to the macroeconomic competitiveness is more realistic than it is in the case of using the traditional indicators. In the paper, in evaluating the competitiveness of selected EU Member States the Data Envelopment Analysis Method (DEA) is used. Based on the previous researches and our research results it is found that the traditional indicators of competitiveness are incomplete because they do not consider the macroeconomic efficiency of the country. Therefore, we propose to apply a combination of GCI and the efficiency results obtained by DEA in order to achieve a more realistic evaluation of macroeconomic competitiveness. As a key outcome of the research, the new measure of competitiveness is proposed: a combination of traditional competitiveness indicator and the results of the evaluation of countries' macroeconomic efficiency obtained by applying BCC model of DEA method.

Inaugural 2016 Ease Of Doing Business Index On Attractiveness To Investors, Business Friendliness And Competitive Policies (Edb Index Abc) For 21 Sub-national Economies Of India

Inaugural 2016 Ease Of Doing Business Index On Attractiveness To Investors, Business Friendliness And Competitive Policies (Edb Index Abc) For 21 Sub-national Economies Of India PDF Author: Khee Giap Tan
Publisher: World Scientific
ISBN: 9813226862
Category : Business & Economics
Languages : en
Pages : 403

Get Book Here

Book Description
This book by the Asia Competitiveness Institute introduces a new ease of doing business index that aims to allow for a better approximation of ease of doing business conditions in India's sub-national economies. The approach takes into account three major aspects of doing business, namely (a) Attractiveness to Investors, (b) Business Friendliness, and (c) Competitive Policies. The bottom-up approach considers the various operational issues that firms face at the ground level, with the emphasis being on de facto issues.The analysis provided in the book not only stands up to academic scrutiny as it is grounded in rigorous methodological foundations, but also remains accessible and appealing to policymakers with the co-authors recommending appropriate policy interventions to improve the ease of doing business of India's sub-national economies.

Impact Estimation of Exchange Rates on Exports and Annual Update of Competitiveness Analysis for 34 Greater China Economies

Impact Estimation of Exchange Rates on Exports and Annual Update of Competitiveness Analysis for 34 Greater China Economies PDF Author: Khee Giap Tan
Publisher:
ISBN: 9789811207884
Category : China
Languages : en
Pages :

Get Book Here

Book Description


Regional Competitiveness

Regional Competitiveness PDF Author: Ron Martin
Publisher: Routledge
ISBN: 1136012540
Category : Business & Economics
Languages : en
Pages : 178

Get Book Here

Book Description
There is now a wide spread interest in regions as a key focus in the organization and governance of economic growth and wealth creation. This important book considers the factors that influence and shape the competitive performance of regions. This is not just an issue of academic interest and debate, but also of increasing policy deliberation and action. However, as the readings in this book make clear, the very idea of regional competitiveness is itself complex and contentious. Many academics and policy makers have used the concept without fully considering what is meant by the term and how it can be measured. Policy formulation has tended to rush ahead of understanding and analysis, and the purpose of this book is to close this important gap in understanding. This book was previously published as a special issue of Regional Studies.