Tina Das, Economics, Cassandra DiRienzo, Economics, and John Burbridge, Dean of the Love School of Business, have had their paper “Does Diversity Impact Competitiveness? A Cross Country Analysis” accepted for publication to the Journal of Global Competitiveness.
The Executive Summary is:
Past studies have explored exogenous and endogenous factors affecting a country’s growth rates. This empirical study extends prior research by focusing on a country’s level of competitiveness which impacts its ability to sustain economic growth. Specifically, this study looks at the impact of ethnic, linguistic, and religious diversity on competitiveness while controlling for economic and institutional factors. The results indicate that while ethnic and linguistic diversity have a significant role in explaining competitiveness, religious diversity has no effect. As corporations look to expand global operations, such results can be extremely helpful in determining suitable venues for such expansion.