Purpose
The purpose of this paper is to set forth a new economic model that includes variables that take account the mediator effect of global competitiveness index to better identify the whole phenomenon behind the relationship between GDP and competition in Europe.
Design/methodology/approach
The authors test the consistency of the Baron and Kenny mediator model through an explanatory linear regression model, then the authors deploy a panel analysis and a simultaneous equation system to assess the model consistency to bypass much of the endogeneity problem.
Findings
This paper’s findings show a positive influence of global competitiveness index on GDP and this effect is by far more evident when other variables (e.g. the logistics performance index) interact simultaneously.
Research limitations/implications
The GCI is a correct variable to assess growth. The study shows how the recent economic crisis has increased the importance of competitiveness for economic recovery as well as key strategic decisions aimed at strengthening growth and competitiveness.
Originality/value
This paper’s theoretical construct is a unique methodology applied to disentangle the role of a new model that takes account of global competitiveness index as a mediator variable to economic growth.
This article aims to test the weight that main sub-components of the global competitiveness index might have on the logistics performance index. We deploy a novel technique based on three newly particularised clusters ('infrastructure', 'institutions' and 'human factor') to look into whether such clusters are related to efficiency in the 28 European Union's countries. It is manifest that the human factor is far more important for improving the logistics performance index than infrastructure and institutions. It follows that in this new domain of analysis, all initiatives to prioritise investment on the human factor are appropriate means of stimulating innovation and economic outlook, perceived that the logistics sector accounts for an average of 10% of the European Union's GDP.
Highlights
The deregulation process played a key role in terms of airport efficiency.
The technical efficiency of 32 Italian airports has been evaluated.
The methodological approach has been twofold: DEA and Tobit model.
The main results show that efficiency is independent of an airport’s size.
The findings highlight the decisive role of public shareholders in small airports.
The rapid rise in internet economy is reflected in increased scholarly attention on the topic, with researchers increasingly exploring the marketing approaches and strategies now available through social media. The network provides a value for companies, thus becomes essential acquire greater awareness to evaluate and quantify its value. What are practical implications for managers? Social network analysis is nowadays an essential tool for researchers: the aim of this chapter is to extend the internet economy research to network theories. Today, there are emerging observations on the global internet economy, but there is a big gap in literature indeed. At first, literature focused on people. Now, on digitalized information. Firms are connected in a virtual network and there are undefined distances in terms of space and time. Traditional methods of analysis are no more efficient: to analyze the relationship in the network society, we need a different paradigm to approach network issue.
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