This paper proposes a multi-industry trade model with integrated capital and goods markets. Labor market imperfections in line with Mortensen and Pissarides (Job Creation and Job Destruction in the Theory of Unemployment, 1994) give rise to unemployment and a channel for the government to influence markets through institutional changes. Labor market interventions feedback into the product marke...

The growth of China’s economy and paralleling that, its construction market, and the improved performance of Chinese construction firms in international market make the study of Chinese firms’ competitiveness a worthwhile endeavor. The aim of this paper is to review the relevance of Chinese military strategies in general, and Sun Tzu’s Art of War in particular to improve business competitivenes...

Research results should be shared internationally and have to face international competition. This requires their publication in the lingua franca of business and science, the English language. This especially applies to the so-called top-level research. The individual scientific disciplines have arrived at different stages in the transformation process of internationalization. Many of the find...

The paper explores the effect of technological specialisation on economic growth within a balance-of-payments-constrained growth model. We find that countries that are specialised in fast-growing technologies experience above average rates of growth due to the positive effects on international competitiveness. Moreover, we find that innovation, imitation and investment affect countries’ perform...

competitiveness is considered as a key criterion for assessing the success of countries, industries and companies. world economic forum defines competitiveness as the set of institutions, policies and factors that determine the level of productivity. moreover, competitiveness can be defined as acquisition more market share, greater profitability and long-term stability and growth of these indic...

with the economy’s progressive loss of competitiveness with regard to the foreign sector. Given the importance that the external sector has taken on, both for determining the financing needs of the economy and for future potential growth, the aim of this article is to explore the pattern of competitiveness that the Spanish economy has shown in comparison with its chief trading partners, along w...