E3S Web Conf.
Volume 301, 2021VI International Scientific Conference “Territorial Inequality: a Problem or Development Driver” (REC-2021)
|Number of page(s)||7|
|Section||Regional Convergence and Divergence|
|Published online||06 August 2021|
Models of regional competitiveness: priority influencing factors
1 University of Ss. Cyril and Methodius, Department of Public Administration, Faculty of Social Sciences, Bučianska 4/A, 917 01 Trnava, Slovakia
2 Moscow City University, 4 Vtoroy Selskohoziajstvenny proezd, Moscow, 129226, Russian Federation
* Corresponding author: firstname.lastname@example.org
This study examines the conceptual background to specific aspects of competitiveness and examines one of the fundamental models for improving regional competitiveness. Regional competitiveness is an important factor of achieving economic growth and increasing the well-being. It plays a decisive role in enhancing the productivity and the economic performance of state and business enterprises and can also be used as a measure for the success of these enterprises as well as the proxy for their degree of openness to national and international competition and foreign trade. Furthermore, we present a theory of the movement of labour capital between regions and countries. Moreover, we show that factor allocation deviates from the most efficient outcome when the market is not working.
Key words: regional competition / labor capital / barriers to capital movement / distribution of factors
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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