Title
Emerging economies’ institutional quality and international competitiveness: A pls-sem approach
DOI
https://doi.org/10.3390/math9090928
Document Type
Article
Publication Date
5-1-2021
Publication Title
Mathematics
Abstract
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.
Volume
9
Issue
9
Recommended Citation
Buitrago R, Ricardo E.; Camargo, María Inés Barbosa; and Vitery, Favio Cala, "Emerging economies’ institutional quality and international competitiveness: A pls-sem approach" (2021). Scopus Unisalle. 852.
https://ciencia.lasalle.edu.co/scopus_unisalle/852
Identifier
85105275348 (Scopus)