Table A2. Components of national...

Table A2.

Components of national competitiveness by country in 2017

Region		Microconditions (diamond)				Macroconditions
Country	Total	Factor condition (0.967)	Demand condition (0.952)	Supporting industries (0.948)	Strategy and rivalry (0.941)	Macroeconomic policy (0.404)	Social infra. and [plitical inst. (0.896)
North America
Canada	1.148	1.235	1.032	1.041	1.189	0.201	1.198
Mexico	−0.281	−0.159	−0.050	0.116	0.117	0.124	−1.385
USA	1.727	1.952	1.748	1.954	1.494	0.146	1.418
Europe
Austria	1.221	1.166	0.928	1.745	1.355	0.333	0.804
Belgium	1.190	1.335	1.121	1.353	1.223	0.218	0.855
Denmark	1.197	1.224	0.851	1.252	1.309	0.303	1.262
Finland	1.555	1.617	1.121	1.136	1.657	0.364	2.118
France	0.965	1.299	0.569	1.239	1.013	0.161	0.676
Germany	1.563	1.653	1.364	1.885	1.370	0.466	1.363
Hungary	−0.486	−0.141	−0.407	−0.772	−0.450	0.318	−0.674
Ireland	0.967	0.889	0.927	0.847	0.987	0.203	1.159
Italy	−0.025	0.098	0.321	0.859	−0.480	−0.098	−0.791
Luxembourg	1.348	1.233	1.334	0.879	1.347	0.519	1.774
The Netherlands	1.652	1.759	1.136	1.740	1.753	0.231	1.790
Norway	1.342	1.212	1.120	1.177	1.207	0.604	1.790
Poland	−0.045	−0.064	0.064	0.081	0.135	0.240	−0.440
Portugal	0.327	0.644	0.307	0.110	0.102	0.170	0.479
Russia	−0.393	−0.177	−0.273	−0.360	−0.711	0.045	−0.336
Spain	0.308	0.599	0.069	0.603	0.298	−0.073	0.079
Sweden	1.515	1.572	1.374	1.545	1.521	0.406	1.411
Switzerland	1.933	2.001	1.870	2.165	1.451	0.497	1.969
Turkey	n/a	−0.041	0.088	−0.038	0.357	0.154	n/a
UK	1.381	1.479	1.124	1.464	1.385	0.285	1.361
Asia Pacific
Australia	0.955	1.040	0.731	0.613	1.228	0.070	1.187
China	0.258	0.445	0.374	0.222	−0.317	0.142	0.601
India	0.223	0.404	0.481	0.182	−0.234	−0.157	0.442
Indonesia	0.235	0.310	0.275	0.190	0.215	0.049	0.254
Japan	1.626	1.347	1.856	2.266	1.301	0.262	1.267
Malaysia	0.972	1.105	1.094	1.005	0.740	0.192	0.880
Singapore	1.609	1.789	1.328	0.707	1.835	0.440	2.218
South Korea	0.708	0.825	1.296	1.138	0.198	0.493	−0.081
Taiwan	1.079	1.285	1.482	0.928	0.909	0.333	0.676
Thailand	0.079	0.121	0.820	−0.055	−0.112	0.323	−0.429
Other region
Brazil	−0.678	−0.362	−0.373	−0.170	−0.499	−2.047	−1.002
Israel	0.887	1.418	0.337	1.057	0.856	0.248	0.704
Saudi Arabia	0.319	0.179	0.079	0.277	0.177	−0.622	1.261
South Africa	0.016	0.313	0.007	0.207	0.296	0.111	−0.710
UAE	n/a	n/a	1.532	1.130	1.265	0.187	2.127
Venezuela	−1.922	−0.820	−1.675	−2.231	−2.097	−0.851	−2.261

Region		Microconditions (diamond)				Macroconditions
Country	Total	Factor condition (0.967)	Demand condition (0.952)	Supporting industries (0.948)	Strategy and rivalry (0.941)	Macroeconomic policy (0.404)	Social infra. and [plitical inst. (0.896)
North America
Canada	1.148	1.235	1.032	1.041	1.189	0.201	1.198
Mexico	−0.281	−0.159	−0.050	0.116	0.117	0.124	−1.385
USA	1.727	1.952	1.748	1.954	1.494	0.146	1.418
Europe
Austria	1.221	1.166	0.928	1.745	1.355	0.333	0.804
Belgium	1.190	1.335	1.121	1.353	1.223	0.218	0.855
Denmark	1.197	1.224	0.851	1.252	1.309	0.303	1.262
Finland	1.555	1.617	1.121	1.136	1.657	0.364	2.118
France	0.965	1.299	0.569	1.239	1.013	0.161	0.676
Germany	1.563	1.653	1.364	1.885	1.370	0.466	1.363
Hungary	−0.486	−0.141	−0.407	−0.772	−0.450	0.318	−0.674
Ireland	0.967	0.889	0.927	0.847	0.987	0.203	1.159
Italy	−0.025	0.098	0.321	0.859	−0.480	−0.098	−0.791
Luxembourg	1.348	1.233	1.334	0.879	1.347	0.519	1.774
The Netherlands	1.652	1.759	1.136	1.740	1.753	0.231	1.790
Norway	1.342	1.212	1.120	1.177	1.207	0.604	1.790
Poland	−0.045	−0.064	0.064	0.081	0.135	0.240	−0.440
Portugal	0.327	0.644	0.307	0.110	0.102	0.170	0.479
Russia	−0.393	−0.177	−0.273	−0.360	−0.711	0.045	−0.336
Spain	0.308	0.599	0.069	0.603	0.298	−0.073	0.079
Sweden	1.515	1.572	1.374	1.545	1.521	0.406	1.411
Switzerland	1.933	2.001	1.870	2.165	1.451	0.497	1.969
Turkey	n/a	−0.041	0.088	−0.038	0.357	0.154	n/a
UK	1.381	1.479	1.124	1.464	1.385	0.285	1.361
Asia Pacific
Australia	0.955	1.040	0.731	0.613	1.228	0.070	1.187
China	0.258	0.445	0.374	0.222	−0.317	0.142	0.601
India	0.223	0.404	0.481	0.182	−0.234	−0.157	0.442
Indonesia	0.235	0.310	0.275	0.190	0.215	0.049	0.254
Japan	1.626	1.347	1.856	2.266	1.301	0.262	1.267
Malaysia	0.972	1.105	1.094	1.005	0.740	0.192	0.880
Singapore	1.609	1.789	1.328	0.707	1.835	0.440	2.218
South Korea	0.708	0.825	1.296	1.138	0.198	0.493	−0.081
Taiwan	1.079	1.285	1.482	0.928	0.909	0.333	0.676
Thailand	0.079	0.121	0.820	−0.055	−0.112	0.323	−0.429
Other region
Brazil	−0.678	−0.362	−0.373	−0.170	−0.499	−2.047	−1.002
Israel	0.887	1.418	0.337	1.057	0.856	0.248	0.704
Saudi Arabia	0.319	0.179	0.079	0.277	0.177	−0.622	1.261
South Africa	0.016	0.313	0.007	0.207	0.296	0.111	−0.710
UAE	n/a	n/a	1.532	1.130	1.265	0.187	2.127
Venezuela	−1.922	−0.820	−1.675	−2.231	−2.097	−0.851	−2.261

Note(s): Authors’ calculation. Values in parentheses under column titles are the second-order loading factors from the two-stage principal component analysis

Source(s): Authors’ own work

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