Emerging Economies’ Institutional Quality and International Competitiveness: A PLS-SEM Approach

Mathematics

MaríaInés Barbosa Camargo¹  RicardoE. Buitrago R.²  Favio Cala Vitery² 

[1] Facultad de Ciencias Económicas y Sociales, Universidad de La Salle, Bogotá 11001, Colombia;Facultad de Ciencias Naturales e Ingeniería, Universidad Jorge Tadeo Lozano, Bogotá 11001, Colombia;

关键词: institutional quality;    international competitiveness;    emerging economies;    PLS-SEM;   

DOI  :  10.3390/math9090928

来源: DOAJ

【 摘 要 】

The home country’s institutional framework determines the capacity to compete in the global arena. This paper discusses the linkage between institutional quality (IQ) and international competitiveness (IC). We measured institutions’ quality in emerging economies through the use of selected indicators between 2007–2017. To evaluate the proposed IQ constructs and their relationship with IC, we applied partial least squares – structural equation modeling (PLS-SEM) analysis. The model outcomes suggest that political and lack of systemic conditions have a significant and negative effect on international competitiveness, while science, technology, engineering and mathematics (STEM) resource conditions have a significant and positive effect.

【 授权许可】

Unknown