E29 - Consumption, Saving, Production, Investment, Labor Markets, and Informal Economy: OtherReturn

The concept of macroeconomic competitiveness became a phenomenon during last decades. Its controversial nature arouses attention of many people all over the world. It is impossible to find a generally accepted definition of national competitiveness as well as the way how to measure and compare competitiveness of countries. This contribution will discuss two models dealing with macroeconomic competitiveness, the original Porter's diamond model and the nine-factor model. Besides methodology, differences and similarities of these models we will be interested in how results of both the models differ. The main goal of the contribution is the identification of differences between the diamond model and the nine-factor model. For practical application of both the models we chose three countries on different development level out of Central Europe: the Czech Republic, Slovakia and Hungary.