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    Regional Competitiveness: Theories and Methodologies for Empirical Analysis
    (Pontificia Universidad Católica del Perú. CENTRUM, 2013) Huggins, Robert; Izushi, Hiro; Thompson, Piers
    A significant forum of scholarly and practitioner-based research has developed in recent years that has sought both to theorize upon and empirically measure the competitiveness of regions. However, the disparate and fragmented nature of this work has led to the lack of a substantive theoretical foundation underpinning the various analyses and measurement methodologies employed. The aim of this paper is to place the regional competitiveness discourse within the context of theories of economic growth, and more particularly, those concerning regional economic growth. It is argued that regional competitiveness models are usually implicitly constructed in the lineage of endogenous growth frameworks, whereby deliberate investments in factors such as human capital and knowledge are considered to be key drivers of growth differentials. This leads to the suggestion that regional competitiveness can be usefully defined as the capacity and capability of regions to achieve economic growth relative to other regions at a similar overall stage of economic development, which will usually be within their own nation or continental bloc. The paper further assesses future avenues for theoretical and methodological exploration, highlighting the role of institutions, resilience and, well-being in understanding how the competitiveness of regions influences their long-term evolution.
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    ÍtemAcceso Abierto
    Measuring Competitiveness at the Subnational Level: The Case of 37 Nigerian States
    (Pontificia Universidad Católica del Perú. CENTRUM, 2013) Iarossi, Giuseppe
    The purpose of this paper is to present a new approach to estimate competitiveness at the subnational level and identify the most important policy reforms likely to foster competitiveness in a locality. The model builds on the literature that links competitiveness to productivity and exploits a number of design features of composite indicators that allow for: (a) modeling the latent and multidimensional nature of competitiveness, (b) rewarding the most progress in policy areas where performance is worse, and (c) ensuring that the composite indicator is not driven by data availability. The methodology is applied to estimate the competitiveness ranking among 37 Nigerian states. The same structural model is then used to simulate the effects of policy reforms and to identify, for each state, the three reforms with the highest impact on the country’s competitiveness standing. The ultimate purpose of this method is to spark a healthy debate at the subnational and national levels regarding the most important reforms needed to improve competitiveness and contribute to the productivity growth of the private sector in economies around the world.