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June 2018 (published: 21.06.2018)
Number 2(33)
Home > Issue > Verification of the interdependence between the level of national competitiveness,
the quality of living and the labor productivity on the example
of developed countries of the world
Shkiotov S.V., Markin M.I.
The modern theory of national competitiveness rests on the ideas expressed by M. Porter: labor productivity in the economy determines the level of its competitiveness and directly affects the quality of life of the population. Criticism of M. Porter's ideas on the part of the representatives of «pure economics», as well as data characterizing the state of the Russian economy (the growth of the level of national competitiveness against the backdrop of a decline in the rates of economic growth, ambiguous dynamics of labor productivity and the quality of life of the population), actualize the question of how much аre the predictions of M. Porter's theory true in the modern economy? The purpose of the article is to verify the hypothesis of a direct (statistically significant) relationship between the indicators of national competitiveness, the quality of life of the population, labor productivity, thereby confirming (or refuting) a number of postulates of M. Porter's modern theory of national competitiveness. Methodological base of the study: the study period is 10 years; research indicators: the level of national competitiveness, the quality of life of the population, labor productivity; sample of countries: 10 developed economies of the world. To test the hypothesis put forward, a correlation analysis is used. As a result of the research, it was found that the correlation (statistically significant) relationship between the national competitiveness of the economy and labor productivity is observed in 5 out of 10 studied economies, and the correlation (statistically significant) connection between the national competitiveness of the economy and the quality of life of the population is observed in 7 of the 10 economies studied. Thus, the hypothesis of a direct (statistically significant) relationship between the indicators of national competitiveness, the quality of life of the population, labor productivity for this sample of countries in the long-term time interval has been confirmed for most of the economies studied.
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Keywords: competitiveness, World Economic Forum, verification, developed countries, quality of life, correlation, labor productivity.
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License
UDC 339.9.01
Verification of the interdependence between the level of national competitiveness,
the quality of living and the labor productivity on the example
of developed countries of the world
The modern theory of national competitiveness rests on the ideas expressed by M. Porter: labor productivity in the economy determines the level of its competitiveness and directly affects the quality of life of the population. Criticism of M. Porter's ideas on the part of the representatives of «pure economics», as well as data characterizing the state of the Russian economy (the growth of the level of national competitiveness against the backdrop of a decline in the rates of economic growth, ambiguous dynamics of labor productivity and the quality of life of the population), actualize the question of how much аre the predictions of M. Porter's theory true in the modern economy? The purpose of the article is to verify the hypothesis of a direct (statistically significant) relationship between the indicators of national competitiveness, the quality of life of the population, labor productivity, thereby confirming (or refuting) a number of postulates of M. Porter's modern theory of national competitiveness. Methodological base of the study: the study period is 10 years; research indicators: the level of national competitiveness, the quality of life of the population, labor productivity; sample of countries: 10 developed economies of the world. To test the hypothesis put forward, a correlation analysis is used. As a result of the research, it was found that the correlation (statistically significant) relationship between the national competitiveness of the economy and labor productivity is observed in 5 out of 10 studied economies, and the correlation (statistically significant) connection between the national competitiveness of the economy and the quality of life of the population is observed in 7 of the 10 economies studied. Thus, the hypothesis of a direct (statistically significant) relationship between the indicators of national competitiveness, the quality of life of the population, labor productivity for this sample of countries in the long-term time interval has been confirmed for most of the economies studied.
Read the full article
Keywords: competitiveness, World Economic Forum, verification, developed countries, quality of life, correlation, labor productivity.
DOI 10.17586/2310-1172-2018-11-2-57-65