A Methodical Approach to Assessing the Competitiveness of Both the Industry and Its Types of Economic Activity in the Country

Abstract

The article defines that the competitiveness of industry in the system of management of the national economy is a key guideline, a factor in ensuring the sustainable development of the country. The study is aimed at developing a methodical approach to assessing the competitiveness of both the industry and its types of economic activity (TEA) in the country. To achieve the goal of the article, the existing approaches to assessing the competitiveness of both the industry and its TEA are researched, and it is determined that today in Ukraine and other countries over the world there are no governing documents that would regulate the assessment of competitiveness of both the industry and its TEA. An analysis of the available approaches has defined that they are based on both integrated estimates and systems of partial indicators. At the same time, in assessing the competitiveness of the industry, as in the assessment of individual industry branches, the aggregated private indicators are used the most, which does not allow to take into account the specifics of branches, their importance in the industry, the technological level, as well as to assess structural shifts and their impact on the socio-economic development of the country. To address the shortcomings of the existing approaches, a methodical approach is proposed, based both on a specific composition of components and on the partial indicators of the integrated assessment of the competitiveness of the industry’s TEA, which allows to comprehensively assess the competitiveness of both the country’s industry and its TEA, determine their technological level and importance.

Keywords

• competitiveness
• industry
• types of economic activity
• integrated estimates
• partial indicators
• components
• technological level