Advertisement

Social Indicators Research

, Volume 141, Issue 2, pp 841–860 | Cite as

Social Aspects of Sustainable Competitiveness in the Selected European Countries in the Period 2012–2015

  • Danijela DespotovicEmail author
  • Slobodan Cvetanovic
  • Vladimir Nedic
  • Milan Despotovic
Article
  • 75 Downloads

Abstract

The paper examines the impact of the social dimension of sustainable competitiveness on the economic dimension, where the social dimension is represented by Indicators of social sustainability, and economic dimension by the Global competitiveness index, GCI. This allows for the identification of various Indicators of social sustainability and their individual and aggregate impact on GCI, which allows for identifying strengths and weaknesses in building competitiveness (from social aspect) and gives recommendations for strengthening and improving competitiveness of the observed group of countries. In this regard, impact model of indicators of social sustainability on GCI is defined, and examined based on a sample of 30 European countries. Data in WEF Global Competitiveness Report for for 2012, 2013, 2014, 2015, 2016 and 2017 was used. Analysis included two sets of countries with data on: 17 old free market economy countries in Europe (Austria, Belgium, Cyprus, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK) and 13 post transition free market economy countries in Europe on the basis of the economic historical background (Bulgaria, Croatia, Czech Rep., Estonia, Hungary, Latvia, Lithuania, Macedonia, Poland, Romania, Serbia, Slovak Rep., Slovenia).

Keywords

Sustainable development Sustainable competitiveness Social dimension of sustainable competitiveness Economic dimension of sustainable competitiveness Indicators of social sustainability GCI 

Notes

Acknowledgements

We thank the anonymous reviewers for their careful reading of our manuscript and their many insightful comments and suggestions.

References

  1. Ambec, S., Cohen, Ma, Elgie, S., Lanoie, P., Canada, B., Chabot, R., & Thornton, G. (2011). The porter hypothesis at 20: Can environmental regulation enhance innovation and competitiveness ? Discussion paper RFF DP 11–01. Washington: Resources for the Future.Google Scholar
  2. Annoni, P., & Dijkstra, L. (2013). EU regional competitiveness index. Report EUR 26060 EN, Joint Research Centre of the European Commission, Luxembourg. Europe.  https://doi.org/10.2788/61698, http://publications.jrc.ec.europa.eu/repository/bitstream/JRC58169/rci_eur_report.pdf.
  3. Annoni, P., & Kozovska, K. (2010). EU regional competitiveness index. Report EUR 24346 EN, Joint Research Centre of the European Commission, Luxembourg. Europe.  https://doi.org/10.2788/61698, http://publications.jrc.ec.europa.eu/repository/bitstream/JRC58169/rci_eur_report.pdf.
  4. Bilbao-Osorio, Bn, Blanke, J., Campanella, E., Crotti, R., Drzeniek-Hanouz, M., & Serin, C. (2013). Assessing the sustainable competitiveness of nations. The Global Competitiveness Report, 2012–2013, 49–68.Google Scholar
  5. Crotti, R. (2012). World economic forum. Available at www3.weforum.org/docs/CSI/2012-13/GCR_SCIDataset_2012-13.xlsx. Accessed November 23, 2016.
  6. Crotti, R. (2013). World economic forum. Available at www3.weforum.org/docs/GCR2013-14/Sustainability_AdjustedGCI_2013-2014.xlsx. Accessed November 23, 2016.
  7. Crotti, R. (2014). World economic forum. Available at www3.weforum.org/docs/GCR2014-15/Sustainability_Adjusted_GCI_2014-2015.xlsx. Accessed November 23, 2016.
  8. Cvetanovic, S., Despotovic, D., Zivkovic, L., & Nedic, V. (2014). Environmental dimension of sustainable competitiveness of Serbia and selected European countries. Bulgarian Journal of Agricultural Science, 20(4), 767–778.Google Scholar
  9. Delgado, M., Ketels, C., Porter, M.E., & Stern, S. (2012). The Determinants of National Competitiveness. National Bureau of Economic Research, NBER Working Paper No 18249 (p. 47).  https://doi.org/10.3386/w18249
  10. Despotovic, D., Cvetanovic, S., Nedic, V., & Despotovic, M. (2015). Economic, social and environmental dimension of sustainable competitiveness of European countries. Journal of Environmental Planning and Management, 59(9), 1656–1678.  https://doi.org/10.1080/09640568.2015.1085370.CrossRefGoogle Scholar
  11. Despotović, D., Cvetanović, S., & Nedić, V. (2016). Analysis of innovativeness, as a determinant of competitiveness of the selected european countries. Industrija, 44(1), 89–111.CrossRefGoogle Scholar
  12. Ebert, U., & Welsch, H. (2004). Meaningful environmental indices: a social choice approach. Journal of Environmental Economics and Management, 47(2), 270–283.  https://doi.org/10.1016/j.jeem.2003.09.001, http://www.sciencedirect.com/science/article/pii/S0095069603001177.
  13. Fagerberg, J., Srholec, M., & Knell, M. (2007). The competitiveness of nations: Why some countries prosper while others fall behind. World Development, 35(10), 1595–1620.  https://doi.org/10.1016/j.worlddev.2007.01.004.CrossRefGoogle Scholar
  14. Fenger, H. M. (2007). Welfare regimes in Central and Eastern Europe: Incorporating post-communist countries in a welfare regime typology. Contemporary Issues and Ideas in Social Sciences, 3(2), 1–30.Google Scholar
  15. Guarini, G., & Porcile, G. (2016). Sustainability in a post-Keynesian growth model for an open economy. Ecological Economics, 126, 14–22.  https://doi.org/10.1016/j.ecolecon.2016.03.005.CrossRefGoogle Scholar
  16. Kitson, M., Martin, R., & Tyler, P. (2004). Regional competitiveness: An elusive yet key concept? Regional Studies, 38(9), 991–999.  https://doi.org/10.1080/0034340042000320816.CrossRefGoogle Scholar
  17. Kwasnicki, W. (2013). Logistic growth of the global economy and competitiveness of nations. Technological Forecasting and Social Change, 80(1), 50–76.  https://doi.org/10.1016/j.techfore.2012.07.007.CrossRefGoogle Scholar
  18. Luthans, F., & Youssef, C. M. (2004). Human, Social, and Now Positive Psychological Capital Management: Investing in People for Competitive Advantage. Organizational Dynamics, 33(2), 143–160.  https://doi.org/10.1016/j.orgdyn.2004.01.003, http://www.sciencedirect.com/science/article/pii/S0090261604000129.
  19. Marginean, S. (2006). Competitiveness: From microeconomic foundations to national determinants. Studies in Business and Economics, 1(1), 29–35.Google Scholar
  20. Sala-i Martin, X., Bilbao-Osorio, B., Blanke, J., Hanouz, M.D., Geiger, T., Ko, C., & Schwab, K. (2013). Sustaining growth, building resilience. In The Global Competitiveness Report 2013–2014, World Economic Forum (pp. 3–52).Google Scholar
  21. Meyer-Stamer, J. (1995). Micro-level innovations and competitiveness. World Development, 23(1), 143–148.  https://doi.org/10.1016/0305-750X(94)00111-B.CrossRefGoogle Scholar
  22. Milanovic, B. (2007). Globalization and inequality. Global Inequality, Cambridge (pp. 26–49).Google Scholar
  23. Naceur, S. B., Bakardzhieva, D., & Kamar, B. (2012). Disaggregated capital flows and developing countries’ competitiveness. World Development, 40(2), 223–237.  https://doi.org/10.1016/j.worlddev.2011.07.001.CrossRefGoogle Scholar
  24. Paldam, M., Svendsen, G. T., et al. (2000). Missing social capital and the transition in Eastern Europe. Department of Economics. Faculty of Business Administration, Aarhus School of Business.Google Scholar
  25. Porter, M., Delgado, M., Ketels, C., & Stern, S. (2008). Moving to a New Global Competitiveness Index. In The Global Competitiveness Report 2008–2009, World Economic Forum (pp. 43–62).Google Scholar
  26. Schwab, K. (2017). The future of competitiveness benchmarking: A proposal. The global competitiveness report 2017–2018 (pp. 353–357), Geneva: World Economic Forum.Google Scholar
  27. Schwab, K., & Sala-i Martín, X. (2011). The Global Competitiveness Report 2011–2012. Report, Geneva: World Economic Forum, 2011, 92-95044-35-5.Google Scholar
  28. Schwab, K., & Sala-i Martín, X. (2012). The Global Competitiveness Report 20122013. 92-95044-35-5.Google Scholar
  29. Sener, S., & Saridogan, E. (2011). The effects of science-technology-innovation on competitiveness and economic growth. Procedia: Social and Behavioral Sciences, 24, 815–828.  https://doi.org/10.1016/j.sbspro.2011.09.127.Google Scholar
  30. Snieška, V., & Bruneckiene, J. (2009). Measurement of Lithuanian regions by regional competitiveness index. Engineering Economics, 1(61), 45–57.Google Scholar
  31. Thorbecke, E., & Charumilind, C. (2002). Economic inequality and its socioeconomic impact. World Development, 30(9), 1477–1495.CrossRefGoogle Scholar
  32. Thore, S., & Tarverdyan, R. (2016). The sustainable competitiveness of nations. Technological Forecasting and Social Change, 106, 108–114.  https://doi.org/10.1016/j.techfore.2016.02.017.CrossRefGoogle Scholar
  33. Ülengin, F., Kabak, O., Önsel, S., Aktas, E., & Parker, B. R. (2011). The competitiveness of nations and implications for human development. Socio-Economic Planning Sciences, 45(1), 16–27.  https://doi.org/10.1016/j.seps.2010.10.001.CrossRefGoogle Scholar
  34. Wu, P. C., Huang, T. H., & Pan, S. C. (2014). Country performance evaluation: The DEA model approach. Social Indicators Research, 118(2), 835–849.  https://doi.org/10.1007/s11205-013-0443-3.CrossRefGoogle Scholar
  35. Yang, J., Zhang, F., Jiang, X., & Sun, W. (2015). Strategic flexibility, green management, and firm competitiveness in an emerging economy. Technological Forecasting and Social Change, 101, 347–356.  https://doi.org/10.1016/j.techfore.2015.09.016.CrossRefGoogle Scholar
  36. Zhou, P., & Ang, B. W. (2009). Comparing MCDA aggregation methods in constructing composite indicators using the Shannon–Spearman measure. Social Indicators Research, 94(1), 83–96.  https://doi.org/10.1007/s11205-008-9338-0.CrossRefGoogle Scholar
  37. Zhou, P., Ang, B., & Poh, K. (2007). A mathematical programming approach to constructing composite indicators. Ecological Economics, 62(2), 291–297.  https://doi.org/10.1016/j.ecolecon.2006.12.020, http://www.sciencedirect.com/science/article/pii/S0921800907000080.
  38. Zhou, P., Delmas, M., & Kohli, A. (2017). Constructing meaningful environmental indices: A nonparametric frontier approach. Journal of Environmental Economics and Management, 85, 21–34.  https://doi.org/10.1016/j.jeem.2017.04.003, http://www.sciencedirect.com/science/article/pii/S0095069617302231.
  39. Zinnes, C., Eilat, Y., & Sachs, J. (2001). Benchmarking competitiveness in transition economies. Economics of Transition, 9(2), 315–353.  https://doi.org/10.1111/1468-0351.00078.CrossRefGoogle Scholar
  40. Zubović, J., & Bradić-Martinović, A. (2014). Competitiveness of Nations in Selected SEE Countries. Procedia Economics and Finance, 8, 755–762.  https://doi.org/10.1016/S2212-5671(14)00154-3, http://www.sciencedirect.com/science/article/pii/S2212567114001543.

Copyright information

© Springer Science+Business Media B.V., part of Springer Nature 2018

Authors and Affiliations

  • Danijela Despotovic
    • 1
    Email author
  • Slobodan Cvetanovic
    • 2
  • Vladimir Nedic
    • 3
  • Milan Despotovic
    • 4
  1. 1.Faculty of EconomicsUniversity of KragujevacKragujevacSerbia
  2. 2.Faculty of EconomicsUniversity of NisNisSerbia
  3. 3.School of Applied Engineering StudiesKragujevacSerbia
  4. 4.Faculty of EngineeringUniversity of KragujevacKragujevacSerbia

Personalised recommendations