Proposal of a model to measure competitiveness through factor analysis

Abstract

This article presents a proposal for a simultaneous competitiveness measurement model for the three geographical levels: country, states, and municipalities. For this, a multivariate factor analysis method is used to help identify five factors, seven sub-factors, and thirty variables, which will be used for the measurement and to present the results of an empirical study on eleven entities: the country, the State of Sonora, and nine municipalities, which represent 80% of the population and 80% of their TGP. The results indicate that, in 2010, the municipality of Hermosillo was the most competitive.

Measuring competitiveness through the global competitiveness project framework: the Brazilian experience

“…By contrast, the lack of competitiveness implies the firm’s exit from a specific market or at least the loss of the possibility of having a dominant position in that market in the future (Porter, 2008). Also, competitiveness is not just the subject of study of academics but also by consulting firms and worldwide organizations that have built an important body of knowledge measuring competitiveness among countries such as the World Economic Forum, the World Competitiveness Center and the International Trade Center, all with own global indexes (Ochoa et al , 2017; Tacoglu et al , 2019).…”