The aim of this paper is to determine the level of competitiveness of national economies and their resulting hierarchy in the world economy. Based on the assumption that there is a structural relationship between the competitiveness of a national economy and the level of its economic...

I analyse firms organisational choices when they face uncertainty about institutional conditions in foreign locations with heterogeneous final good producers and incomplete contracts. As firms learn about the conditions abroad, the increasing offshoring activity increases competition in the...

Measuring international competitiveness is a highly contested issue in contemporary economics. The emergence of global value chains limits the accuracy of traditional export-based measures and calls for the employment of techniques capable of accounting for value added input of individual...