Correlation between the state of cluster development and national competitiveness in the Global Competitiveness Report of the World Economic Forum 2012–2013

Figures & data

Table 1. Correlation between state of cluster development and national competitiveness, WEF 2012–2013.

Correlation	GCI 2012-2013^1/cluster	I sub-index GCI/cluster	II sub-index GCI/cluster	III sub-index GCI/cluster
Pearson’s correlation	0.814	0.738	0.812	0.860
95% confidence interval	(0.751,0.863)	(0.654,0.805)	(0.748,0.861)	(0.810,0.897)
Test statistic	3.229	0.942	3.150	5.052
P-value	<0.001*	0.173	<0.001*	<0.001*

¹ GCI – The Global Competitiveness Index is a highly comprehensive index that captures the microeconomic and macroeconomic foundations of national competitiveness.

* high significance.

Source: The Global Competitiveness Report 2012–2013 (World Economic Forum, 2012, pp. 14–20, 504) and calculations by authors.

Figure 1. State of cluster development and national competitiveness (upper left); state of cluster development and I sub-index of GCI (upper right); state of cluster development and II sub-index of GCI (lower left); state of cluster development and III sub-index of GCI (lower right).

Source: The Global Competitiveness Report 2012-2013 and calculations by the authors.

Table 2. Countries ranked highest and lowest according to cluster development and rank of these countries according to GCI in the Global Competitiveness Report 2012–2013.

	State of cluster development 2011–12		GCI 2012–2013
	Rank/144	Value, weighted average (1–7)	Rank/144	Score (1–7)
Taiwan, China	1	5.5	13	5.28
Italy	2	5.3	42	4.46
Singapore	3	5.2	2	5.67
United Arab Emirates	4	5.2	24	5.07
Japan	5	5.2	10	5.40
Finland	6	5.2	3	5.55
Qatar	7	5.1	11	5.38
Germany	8	5.1	6	5.48
Switzerland	9	5.1	1	5.72
United Kingdom	10	5.1	8	5.45
...	...	...	...	...
Bosnia and Herzegovina	135	2.6	88	3.93
Benin	136	2.6	119	3.61
Burkina Faso	137	2.5	133	3.34
Haiti	138	2.5	142	2.90
Algeria	139	2.4	110	3.72
Moldova	140	2.4	87	3.94
Burundi	141	2.4	144	2.78
Kyrgyz Republic	142	2.3	127	3.44
Yemen	143	2.2	140	2.97
Albania	144	2.0	89	3.91

Source: The Global Competitiveness Report, World Economic Forum, Switzerland, 2012, p. 14–15, 504. © World Economic Forum. Reproduced by permission of World Economic Forum. Permission to reuse must be obtained from the rightsholder.

World Economic Forum. (2012). The global competitiveness report 2012–2013. World Economic Forum Geneva. Retrieved from http://www.weforum.org/en/index.htm

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