Original scientific paper
https://doi.org/10.1080/1331677X.2020.1763821
Assessment of the factors influencing competitiveness fostering the country’s sustainability
Laima Okunevičiūtė Neverauskienė
Irena Danilevičienė
Manuela Tvaronavičienė
Abstract
Competitiveness is a complex economic category that is closely
related to the country’s sustainability. Sustainability can be
achieved through the creation of added value, the fostering of
quality management and the applying principles of social responsibility,
and each area of the activity trying to be competitive at
the same time. It follows that both competitiveness and sustainability
are dependent on a number of factors at both micro and
macro levels. The objective of the article is to assess the impact
of factors on competitiveness and consequently on the sustainability
of the country. In addition, the following tasks have been
implemented: to analyze the theoretical aspects of competitiveness
and sustainability; to reveal the main factors, that have an
influence on the competitiveness; to assess the influence of factors
on competitiveness fostering the sustainability. In this article,
the following methods of analysis are used: an analysis and summary
of the scientific literature, analysis of the statistical data,
Granger causality test, correlation and regression analysis.
Keywords
competitiveness; correlation- regression analysis; development; efficiency; Granger causality test; sustainability
Hrčak ID:
254583
URI
Publication date:
9.2.2021.
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