Purpose – This paper aims to develop and implement a new approach of ranking countries according to their level of economic competitiveness. Design/methodology/approach – Competitiveness is conceptualized as the degree of participation in global integration, measured by the levels of...

This article extends the earlier work on capitalisation of R&D in response to the proposals in the new System of National Accounts (SNA). Major improvements include: R&D deflators, depreciation rate for non-market R&D, rate of return, and estimates of R&D capital stocks. In addition, the article...