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Economic and technological aspects of the European competitiveness: A multicriteria approach

Zopounidis Konstantinos, Doumpos, Michael, Kosmidou, Kyriaki

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URI: http://purl.tuc.gr/dl/dias/CB7ECC96-9B78-4B04-877C-0E4D535F736B
Year 2004
Type of Item Peer-Reviewed Journal Publication
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Bibliographic Citation K. Kosmidou, M. Doumpos, F. Voulgaris and C. Zopounidis ," Economic and technological aspects of the European competitiveness: A multicriteria approach, " J. of Econ. Integration, vol. 19, no. 4,pp. 690-703.Dec. 2004.
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Summary

Competitiveness constitutes a primary goal of each country for the accomplishment of its economic and technological targets. The evaluation of competitiveness is considered as a major problem that has risen during the last years due to the globalization and the rapid changes in the socio-economic and technological environment. Therefore, it is interesting to investigate the economic and technological aspects of the competitiveness of the European countries. The present study uses a sample of 14 countries-members of the European Union, as well as United States and Japan for comparison reasons. Taking into consideration several technological and economic indicators and using data from a recent study of the European Committee, this paper presents the evaluation of the competitiveness of the countries using a multicriteria ranking methodology (the PROMETHEE II method). The results of this paper contribute to the determination of the most and least competitive as well as technologically developed countries.

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