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2021 ; 55
(2
): 441-466
Nephropedia Template TP
gab.com Text
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English Wikipedia
The interplay between knowledge-based competitiveness, people s good health and
well-being: new empirical evidence from Central and Eastern European countries
#MMPMID32836470
Noja GG
; Buglea A
; Lala-Popa I
; Jurcut CN
Qual Quant
2021[]; 55
(2
): 441-466
PMID32836470
show ga
The enhancement of countries' competitiveness represents an essential credential
in current economic interventions, national policy frameworks and strategies,
mainly in relation to sustainable economic development. This paper explores the
drivers of competitiveness in Central and Eastern European Countries (CEECs) in
the knowledge economy, and its further impact on economic welfare, with a
particular focus on individuals' perceived good health and well-being (a good
predictor of people's future use of the healthcare system and mortality risk and
a benchmark for sustainable development). The dataset grasps 11 CEECs analyzed
during the 2000-2018 lapse of time. The methodological endeavor is based on three
econometric procedures encompassing macroeconometric models, structural equation
modelling (SEM) and network analysis through Gaussian Graphical Models. Main
findings entail that CEECs competitiveness is driven by the key coordinates of
the knowledge economy, particularly tertiary education, employment in technology
and knowledge-intensive sectors, and additional government financial support
dedicated for research and development activities. Moreover, in a further complex
setting, competitiveness increases under the impact of education, research,
development and innovation leads to significant upwards in GDP per capita levels.
However, the further linkages with individuals' good health and well-being, when
considered as a consequence of welfare increase following knowledge-driven
competitiveness, or as a direct impact of competitiveness increases, entail a
downsized outcome in terms of individuals' perceived health. Our results provide
solid grounds for the development of new tailored policies designed to enhance
CEECs knowledge-driven competitiveness in a comprehensive framework, with benefit
spillovers on sustainable economic development.