Index for measuring of competitiveness in Colombia
This research presents a methodology for the construction of a composite index to measure competitiveness as a factor for economic growth in Colombia, from competitiveness models by Michel Porter and the work of Cho and Moon. Current rates have shortcomings in construction, from the theory or...
| Main Authors: | , |
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| Format: | Article |
| Language: | Spanish |
| Published: |
Instituto Tecnológico Metropolitano
2015-07-01
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| Series: | Revista CEA |
| Subjects: | |
| Online Access: | https://revistas.itm.edu.co/index.php/revista-cea/article/view/136/139 |
| Summary: | This research presents a methodology for the
construction of a composite index to measure
competitiveness as a factor for economic growth in
Colombia, from competitiveness models by Michel
Porter and the work of Cho and Moon. Current rates
have shortcomings in construction, from the theory
or the statistical management. That is why a factor
analysis was developed, a statistical tool that allows
an objective construction, avoiding mistakes from
including subjectivity in the weighting and
aggregation of variables. Also, the use of hard data
provides greater reliability to the research. Thanks to
this construction the efforts of the country to
improve competitiveness supported by
macroeconomic stability were evident, nevertheless;
lagging behind due to the safety and health
belonging to the institutions. The results are
consistent with the recommendations of the
economic studies presented by the Organization for
Economic Co-operation and Development -
Colombia. |
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| ISSN: | 2390-0725 2422-3182 |