Research On The Identification And Measurement Of The International Competitiveness Decision Path

At present,International Competitiveness is a key indicator for measuring international status.How to enhance International Competitivenes is a focus that a country has always paid attention to.However,the current research on International Competitiveness mostly focuses on how to construct a suitable evaluation index system to measure the level of competitiveness,it does not consider the path of interaction between the factors determining the International Competitiveness,which limits the application value of the competitiveness index to some extent.The national Global Competitiveness Indices publiced by WEF and 12 pillars with 13 variables in total as the study data,respectively,developed,developing and backward three major economic groups as the research object,using the VAR model of residual correlation.The matrix information adopts variable independence judgment criteria,establishes a directed graph of the competitiveness decision system,and identifies the concurrent causal relationships between the determinants of each economy's competitiveness,and then classifies the competitive factors into endogenous ones.Elements,exogenous elements,and derived elements.Using the structural equation model method,the competitiveness is determined by the evaluation of the conduction path coefficient,and the competitiveness of the three major economic groups is measured to determine the conduction path effect and a comparative analysis is made.The realistic evidence provided by this study will help explain the internal conduction path of the competitiveness decision system better,measure the level of International Competitiveness more reasonably,and gain more effective policy guidance to enhance the level of International Competitiveness.The following conclusions are obtained through analysis:(1)The developed economies to four basic elements of the Macroeconomic Environment for the support,with the five elements of endogenous power efficiency of financial markets,the role of competitiveness.Neither the efficiency of the labor market nor the scale of the market has formed a direct transmission path to enhance competitiveness.The developed economies are more efficient in transforming higher education into competitiveness.In the endogenous elements of the competitiveness decision system,financial market efficiency is an important endogenous driving force in the competitiveness decision system;(2)The developing economies are supported by four basic elements such as labor market efficiency,and rely on five endogenous power elements such as systems to act on their competitiveness.The basic elements of the macroeconomic environment and innovation directly support competitiveness.However,the efficiency of commodity markets does not directly affect competitiveness but is indirectly transmitted to competitiveness through institutions,technical preparation and infrastructure.Developing economies are more efficient in transforming primary education into competitiveness,and infrastructure is the only important intrinsic driving force for the competitiveness decision system;(3)Backward economies are supported by three basic elements such as health and primary education,and they use their four endogenous power factors,such as the efficiency of commodity markets,to act on their competitiveness.The Macroeconomic Environment as a basic element directly supports competitiveness.Financial Market Efficiency and Innovation are not the factors of increase competitiveness,but the result of improved competitiveness.Infrastructure is also the only important intrinsic driving force for the system of competitiveness of backward economies.(4)Of the six key elements,our country has certain advantages compared with typical developed countries only in the macroeconomic environment,and there is a large gap between China's infrastructure and higher education and other developed countries.