6533b834fe1ef96bd129d62e

RESEARCH PRODUCT

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

Favio Ernesto Cala ViteryE R Ricardo BuitragoMaría Inés Barbosa Camargo

subject

General Mathematicsmedia_common.quotation_subjectLinkage (mechanical)Structural equation modelinglaw.inventionResource (project management)lawinternational competitiveness0502 economics and businessPartial least squares regressionQA1-939institutional qualityComputer Science (miscellaneous)Quality (business)Emerging marketsemerging economieEngineering (miscellaneous)pls-semIndustrial organizationmedia_common05 social sciencesinternational competitivene050211 marketingMathematicsemerging economies050203 business & managementInstitutional quality

description

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.

yearjournalcountryeditionlanguage
2021-04-22Mathematics
https://doi.org/10.3390/math9090928