![]() On the other hand, the competitiveness of cities in Japan and Korea is expected to decline. cities will continue to be competitive, and cities in China, Oceania and the Middle East are expected to be more competitive. Research implications or Originality - The ranking trends show that U.S. The Gini coefficient was used for the distribution index.įindings - We found that an increase in income inequality has a statistically significant negative effect on the economic growth rate in a 5-year time lag. ![]() The city competitiveness index was developed from 18 indicators including a scale index, ratio index, and growth rate index. We also aim to compile the global rankings of 770 cities’ competitiveness by combining the global competitiveness index and the distribution index.ĭesign/methodology/approach - We use a panel regression model to analyze the relationship between the competitiveness index and the distribution index. Purpose - The purpose of this study is to rank the major global cities by developing a comprehensive competitiveness index using the Global Cities Forecast (2013) data.
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