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Article

Open Access

Estimating the Impact of Globalization on International Competitiveness: A Multidimensional Approach

Author(s)

Hanna G. Adamkiewicz-Drwillo

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DOI:10.17265/1537-1514/2012.12.001

Affiliation(s)

Hanna G. Adamkiewicz-Drwillo, Ph.D., Professor of Management, Department of Economic Sciences, Gdansk University of Technology.

ABSTRACT

This paper examines the effects of globalization on international competitiveness (IC). The aggregated and disaggregated indices of IC (World Economic Forum) and globalization (KOF) for 132 countries in 2008 are used for the estimation of regression functions. The results show that globalization positively influences IC at the highest aggregation levels of the indices used. Social and political globalization affect IC at intermediate aggregation levels, whereas, economic globalization has no impact on IC. At the lowest aggregation levels, personal contacts, cultural proximity, and political globalization are the primary factors affecting IC’s pillars, although the impact of economic restrictions on some of the IC pillars is also observed.

KEYWORDS

globalization, competitiveness, regression models

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