WHY DO SOME NATIONS SUCCEED AND OTHERS FAIL IN INTERNATIONAL COMPETITION? FACTOR ANALYSIS AND CLUSTER ANALYSIS AT EUROPEAN LEVEL

@inproceedings{Ion2015WHYDS,
  title={WHY DO SOME NATIONS SUCCEED AND OTHERS FAIL IN INTERNATIONAL COMPETITION? FACTOR ANALYSIS AND CLUSTER ANALYSIS AT EUROPEAN LEVEL},
  author={Popa Ion and Stefan Simona Catalina},
  year={2015}
}
As stated by Michael Porter (1998: 57), 'this is perhaps the most frequently asked economic question of our times.' However, a widely accepted answer is still missing. The aim of this paper is not to provide the BIG answer for such a BIG question, but rather to provide a different perspective on the competitiveness at the national level. In this respect, we followed a two step procedure, called “tandem analysis”. (OECD, 2008). First we employed a Factor Analysis in order to reveal the… CONTINUE READING

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