Panel Analysis of Relationship between Competitiveness and Economic Growth in the European Union
International Journal of Supply Chain Management • 2019
Publication Information
Authors
Abdelmajied Fathy Elsayed Youssef
Keywords
European Union (EU-28), competitiveness,
Panel Models, Competitiveness, Economic Growth.
Journal
International Journal of Supply Chain Management
Publisher
International Journal of Supply Chain Management
Volume
8
Issue
5
Pages
219-224
publication.type
International
Paper Link
Open Link
Supplementary Materials
Not Available
Abstract
Theoretically, the competitiveness is conclusively believed to be positively related with economic growth. While empirically, this relationship does not always hold in many countries for several reasons. In the empirical literature, the link between economic growth and competitiveness has been highly debated. Thus, the main purpose of current article is to examine the link between economic growth and competitiveness in European Union (EU-28 countries) over period from 2007 to 2017. Using Panel Models (Fixed and random effects models). In conclusion, the findings suggest that competitiveness is robustly and positively associated with real GDP per capita, if we make a policy to increase the GDP per capita, it included rise in competitiveness score for the country.
Staff Members - Benha University