Development of a methodological framework for assessing the competitiveness of industries
DOI:
https://doi.org/10.17308/econ.2022.3/10017Keywords:
competition, industry competitiveness, competitiveness matrixAbstract
Subject. The competitiveness of industries is one of the main requirements for the development of the economy and successful international trade. The state implements a set of measures within the state programme “Development of the industry and increase of its competitiveness”. The targets included in the state programme reflect the development of general trends in industries and do not allow assessing the achieved level of competitiveness. A realistic estimate of the achieved results with regard to changing the level of industries’ competitiveness will make it possible to assess the effectiveness of state support measures and the use of budgetary funds.
Objectives. Development of a method for assessing the level of competitiveness of industries/sub-sectors of industry, which makes it possible to visually assess the current level and dynamics of changes in competitiveness.
Methodology. The study involved the generalisation of empirical data regarding the economic activities of economic entities, survey data, and customs statistics in the Russian Federation.
Results. The article analyses the existing methods for assessing competitiveness and identifies their strengths and weaknesses. It proposes a methodology for assessing the level of competitiveness of industries/sub-sectors of industry based on the matrix method. The methodology uses two basic parameters: the share of exported products with high added value in the annual domestic production and the share of domestic products in the annual volume of domestic consumption.
Conclusions. The rare-earth metals and molybdenum industries were used as an example to show that the proposed methodology allows assessing the level and clearly representing the dynamics of changes in the competitiveness of industries. The developed methodology can also be used as one of the tools for identifying “problematic” industries.
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