Theoretical and Applied Economics
No. 2 / 2018 (615), Summer
A competitive economy as the path to future prosperity: Comparative analysis of selected European countries
University of East Sarajevo, Faculty of Economics Brčko, Bosnia and Herzegovina
Abstract. The developed economies, beside to global economic indicators, path the complete nation's quality of life, through competitiveness or prosperity indices. There are many evaluations which are concentrated on estimation of overall competitiveness, but there are noticeable disparities in the methodology and research results between them. Therefore, the aim of this article is to investigate the interdependence among variables of prosperity that constitute a competitive economy and present findings of comparative analysis in selected European countries with special focus on prosperity index. More clearly, aim is to compare variations of selected indices to indicate the most significant indicators which influence the final results. The most important intercorrelations between variables and indices of prosperity are presented. Comparative analysis of selected countries was employed by statistical software package SPSS 23. Recognition the differences between economic indicators and identification of weaknesses is the foundation for the successive acceptance of relevant actions to prosper the critical fields. Improvement of these areas could enhance future prosperity of the economy.
Contents
Studying banking performance from an accounting perspective: Evidence from Europe
Corruption, governments’ debts, trade, and global growth
Innovation – trends and patterns at Romanian firms
How to build an economy free of recession and stagnation: results from a multi-commodity macro model
Analyzing the employment rate of the population, unemployment and vacancies in the economy
An implicit model of adjustment costs in differential input demand systems
Diversity and proportionality, challenges or opportunities for the European banking sector?
A competitive economy as the path to future prosperity: Comparative analysis of selected European countries
Studying the political economy of reforms: The Greek case, 2010-2017
Analysis of the evolution of the number of pensioners and pensions in Romania
Inflation unemployment dynamics in Hungary – A structured cointegration and vector error correction model approach
Are defence expenditures the reasons of foreign debts in Turkey?
Exports, imports and economic growth in India: Evidence from cointegration and causality analysis
The role of economic growth and energy consumption on CO2 emissions in E7 countries
Which comes first – savings or growth? Time series evidence from ECOWAS countries