Does competitiveness moderate inclusive growth: a panel study of low-income countries
Abstract
Purpose
In the past few years, the concept of competitiveness developed by the World Economic Forum has become the focal point. Global competitiveness index (GCI) presents the constructs which are possible means of productivity of the country. The purpose of this study is to explore whether boosting the productivity of agriculture, services and industry sector is the possible channel of competitiveness leading to growth.
Design/methodology/approach
For this, panel GMM moderator model has been used for 16 low-income countries.
Findings
The results indicate that competitiveness helps agriculture and industry sector to become more growth productive, while it reduces the productivity of services sector.
Originality/value
This study urges that the gains from following the competition promotion policies overweigh the costs. Hence, low-income countries can break the low productivity trap.
Keywords
Citation
Kalim, R., Arshed, N. and Shaheen, S. (2019), "Does competitiveness moderate inclusive growth: a panel study of low-income countries", Competitiveness Review, Vol. 29 No. 2, pp. 119-138. https://doi.org/10.1108/CR-11-2017-0074
Publisher
:Emerald Publishing Limited
Copyright © 2019, Emerald Publishing Limited