D 2020

Competitiveness Convergence of the Selected Central European Countries and China in New Millennium

MAJEROVÁ, Ingrid and Wu FEIJIE

Basic information

Original name

Competitiveness Convergence of the Selected Central European Countries and China in New Millennium

Authors

MAJEROVÁ, Ingrid and Wu FEIJIE

Edition

Ostrava, p. 571-579, 9 pp. 2020

Publisher

VŠB-TU Ostrava

Other information

Type of outcome

Stať ve sborníku

Confidentiality degree

není předmětem státního či obchodního tajemství

Publication form

printed version "print"

Organization unit

School of Business Administration in Karvina

ISBN

978-80-248-4455-8

Keywords in English

Central European countries; China; measurable indicators of competitiveness; method of distance

Tags

International impact, Reviewed
Změněno: 17/12/2020 17:34, Dr. Ing. Ingrid Majerová

Abstract

V originále

Competitiveness of the economies is the subject of ever deeper research and belongs to one of the main objectives of the European Union. The aim of this paper is to ascertain, based on the method of distance, how convergence of selected economies of Central Europe – the Czech Republic, Austria, Poland and Germany and the big player at international market, China – occurs in this area. To achieve this aim, four measurable competitiveness indicators (degree of openness, export performance, transformation performance and degree of specialization) were developed and compared between years 2001 and 2017. It was assumed that although these countries are economies of different size and level of living standard, there was a gradual convergence of competitiveness during the monitored years. Using the above-mentioned method, this assumption was confirmed only in the case of export performance.