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An assessment of the relationship between Global Competitiveness Index scores and national GDP per capita growth rates

Dissertation (MBA)--University of Pretoria, 2013.

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Other Authors: Birtch, Matthew
Format: Thesis
Language:English
Published: University of Pretoria 2014
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access_status_str Open Access
author2 Birtch, Matthew
author_browse Birtch, Matthew
author_facet Birtch, Matthew
collection Thesis
dc_rights_str_mv © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Dissertation (MBA)--University of Pretoria, 2013.
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institution University of Pretoria (South Africa)
language English
last_indexed 2026-06-10T12:36:08.220Z
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provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2014
publishDateRange 2014
publishDateSort 2014
publisher University of Pretoria
publisherStr University of Pretoria
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spelling oai:repository.up.ac.za:2263/40642 An assessment of the relationship between Global Competitiveness Index scores and national GDP per capita growth rates Birtch, Matthew ichelp@gibs.co.za Rota, Lauren UCTD Gross domestic product (GDP) Competition, International. Economic development -- South Africa. Dissertation (MBA)--University of Pretoria, 2013. An increasing amount of attention is paid by the media, and political and business leaders to national competitiveness indices. As globalisation increases and the difficulties of the financial crisis linger on, leaders look towards global benchmarks such as the World Economic Forum‟s Global Competitiveness Index to make policy and resource allocation decisions. Despite this emphasis on national competitiveness, how this translates to economic growth prospects is not well understood, and a universally accepted economic growth model continues to elude macroeconomists. The research seeks to understand whether a more detailed assessment of the Global Competitiveness Index‟s twelve competitiveness pillars can improve its explanatory power for economic growth, by investigating patterns of competitiveness performance from both static and dynamic perspectives. Data was collated over the period 2007-2013 for 118 countries. A hierarchical cluster analysis was performed to segment countries according to homogeneous competitiveness patterns, followed by stepwise multiple regression modelling on the total sample and the resulting clusters in order to assess impacts on adjusted R-squared values. Regressions were performed on stock and flow values for twelve country competitiveness variables. The results show that the cluster analysis coupled with the specified multiple regression models significantly improved the explanatory power of the selected competitiveness variables on economic growth, except for the least competitive countries, where further research is needed to uncover their true drivers of competitiveness. lmgibs2014 Gordon Institute of Business Science (GIBS) MBA Unrestricted 2014-07-08T10:53:24Z 2014-07-08T10:53:24Z 2014-04-30 2013 Mini Dissertation Rota, L 2013, An assessment of the relationship between Global Competitiveness Index scores and national GDP per capita growth rates, MBA Mini Dissertation, University of Pretoria, Pretoria, viewed yymmdd <http://hdl.handle.net/2263/40642> http://hdl.handle.net/2263/40642 en © 2014 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Gross domestic product (GDP)
Competition, International.
Economic development -- South Africa.
An assessment of the relationship between Global Competitiveness Index scores and national GDP per capita growth rates
title An assessment of the relationship between Global Competitiveness Index scores and national GDP per capita growth rates
title_full An assessment of the relationship between Global Competitiveness Index scores and national GDP per capita growth rates
title_fullStr An assessment of the relationship between Global Competitiveness Index scores and national GDP per capita growth rates
title_full_unstemmed An assessment of the relationship between Global Competitiveness Index scores and national GDP per capita growth rates
title_short An assessment of the relationship between Global Competitiveness Index scores and national GDP per capita growth rates
title_sort assessment of the relationship between global competitiveness index scores and national gdp per capita growth rates
topic UCTD
Gross domestic product (GDP)
Competition, International.
Economic development -- South Africa.
url http://hdl.handle.net/2263/40642