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Competitiveness Indicator in Colombia Through of Multivariable Statistics

  • Elcira Solano BenavidesEmail author
  • Nelson Alandete Brochero
  • Amelec Viloria
Conference paper
Part of the Communications in Computer and Information Science book series (CCIS, volume 1122)

Abstract

The objective of this research is to estimate a competitiveness indicator in Colombia through a factorial methodology of principal components. A competitiveness indicator was estimated presenting significant correlations between chosen variables and according to Kaiser-Mayer-Olkin test, the indicator presents a high degree of usefulness, in terms of correlation, standing out in hierarchical order with the science and technology factors with 0.80; economic affluence with 0.77, geographical condition with 0.75, logistic structure with 0.73, human capital with 0.68, institutional factor with 0.67 and economic dispersion with 0.65. On the other hand, it was found that competitiveness in Colombia is determined by the influx factor of economic activity in the main urban centers of Cundinamarca/Bogotá, Antioquia, Valle and Santander.

Keywords

Competitiveness Principal Component Analysis Economic affluence, geographic condition, human capital Institutions 

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Copyright information

© Springer Nature Singapore Pte Ltd. 2019

Authors and Affiliations

  • Elcira Solano Benavides
    • 1
    Email author
  • Nelson Alandete Brochero
    • 1
  • Amelec Viloria
    • 2
  1. 1.Universidad del AtlánticoBarranquillaColombia
  2. 2.Universidad de la CostaBarranquillaColombia

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