Global Production Research

The Global Production Scoreboard Method & data

Purpose

The Global Production Scoreboard is designed to support the benchmarking of emerging and frontier economies (EFE) as manufacturing locations.

Approach

The Scoreboard comprises a range of potential and performance-related indicators being selected to provide deep insights into EFE supply capacity and competitiveness.

EFE are defined as countries with a per-capita income not exceeding USD 20.000 in 2017. Manufacturing industries are defined in terms of their output, covering the product categories of Sections 5 8 (minus Division 68) of the Standard International Trade Classification (Rev. 3).

Indicators

Labour cost [+]

Skill base [+]

R&D capacity [+]

Infrastructure [+]

Government []

This indicator measures the contribution of government policy to a business environment supporting export-oriented industrial activities.

Indicator values are based on indices of (a) macroeconomic stability (weight = 0.35), (b) free market policies (weight = 0.30), and (c) the rule of law, that is, the absence of corruption (weight = 0.35).

The indices are normalised and converted to composite score values (from 0.000 to 1.000).

Local demand potential [+]

Foreign market access [+]

Export growth [+]

Export diversity [+]

High and medium-tech exports [+]

 

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