Emerging economies’ institutional quality and international competitiveness: A PLS-SEM approach

Ricardo E. Buitrago R.; María Inés  Barbosa Camargo; Favio  Cala Vitery

Emerging economies’ institutional quality and international competitiveness: A PLS-SEM approach

Ricardo E. Buitrago R. , María Inés Barbosa Camargo, Favio Cala Vitery

School of Business Administration

Research output: Contribution to journal › Research Article › peer-review

12 Scopus citations

Abstract

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
Original language	English
Journal	Mathematics
State	Published - Apr 22 2021

All Science Journal Classification (ASJC) codes

Modeling and Simulation
Economics, Econometrics and Finance(all)

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https://www.mdpi.com/2227-7390/9/9/928/htmLicense: CC BY-NC

Cite this

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title = "Emerging economies{\textquoteright} institutional quality and international competitiveness: A PLS-SEM approach",

abstract = "The home country{\textquoteright}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{\textquoteright} 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.",

author = "{Buitrago R.}, {Ricardo E.} and {Barbosa Camargo}, {Mar{\'i}a In{\'e}s} and {Cala Vitery}, Favio",

year = "2021",

month = apr,

day = "22",

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journal = "Mathematics",

issn = "2227-7390",

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TY - JOUR

T1 - Emerging economies’ institutional quality and international competitiveness

T2 - A PLS-SEM approach

AU - Buitrago R. , Ricardo E.

AU - Barbosa Camargo, María Inés

AU - Cala Vitery, Favio

PY - 2021/4/22

Y1 - 2021/4/22

N2 - 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.

AB - 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.

M3 - Artículo de Investigación

SN - 2227-7390

JO - Mathematics

JF - Mathematics

ER -

Emerging economies’ institutional quality and international competitiveness: A PLS-SEM approach

Abstract

All Science Journal Classification (ASJC) codes

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