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 › Article › peer-review

6 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",

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journal = "Mathematics",

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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

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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