A new measure of regional competitiveness

  1. José Carlos Sánchez de la Vega 1
  2. José Daniel Buendía Azorín 1
  3. Antonio Calvo-Flores Segura 1
  4. Miguel Esteban Yago 1
  1. 1 Universidad de Murcia
    info

    Universidad de Murcia

    Murcia, España

    ROR https://ror.org/03p3aeb86

Revista:
Applied economic analysis

ISSN: 2632-7627

Año de publicación: 2019

Volumen: 27

Número: 80

Páginas: 108-126

Tipo: Artículo

DOI: 10.1108/AEA-07-2019-0010 DIALNET GOOGLE SCHOLAR lock_openAcceso abierto editor

Otras publicaciones en: Applied economic analysis

Resumen

Purpose – The purpose of this paper is to provide a measure of competitiveness of the Spanish autonomous communities from a multidimensional and dynamic perspective for the period 2008-2016. Design/methodology/approach – This paper adopts a broad definition of competitiveness based on five key environments (productive capital, human capital, social and institutional capital, infrastructure and knowledge) and comprising 53 indicators. The method used to construct the competitiveness index is based on the P-distance proposed by Pena Trapero (1979), which objectively assigns weights to the indicators. There is an important advantage in the methodological proposal of this study, as it allows analyzing the behavior of partial and aggregated indicators from a dynamic perspective, taking the same value as a reference for the entire period. Therefore, not only a classification obtained for each year but also the variation that occurs in terms of the reference period can be analyzed. Findings – The classification of the autonomous communities is established using common intervals based on the results obtained for the whole period, i.e. 2008-2016. The data point to the unequal situations of the autonomous communities. The results also reveal that the evolution of the regional competitiveness synthetic index is clearly cyclical and the drop recorded in the recessive period is less pronounced than the increase recorded in the growth phase. Originality/value – The main innovation of the competitiveness index presented here lies in its allowing comparisons over time.

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Fuente de los datos: Dialnet