The home country’s institutional framework determines the capacity to compete in the global arena. This paper discusses the linkage between institutional quality (IQ) and international com-petitiveness (IC). We measured institutions’ quality in emerging economies through the use of se-lected indicators between 2007–2017. To evaluate the proposed IQ constructs and their relation-ship with IC, we applied partial least squares – structural equation modeling (PLS-SEM) analy-sis. The model outcomes suggest that political and lack of systemic conditions have a significant and negative effect on international competitiveness, while science, technology, engineering and mathematics( STEM) resource conditions have a significant and positive effect.
|Translated title of the contribution||Calidad institucional y competitividad internacional de las economías emergentes: Un enfoque PLS-SEM|
|State||Published - Apr 22 2021|
All Science Journal Classification (ASJC) codes
- Modeling and Simulation
- Economics, Econometrics and Finance(all)