Page 38 - 2022 Abstract Book RUICHSS_2022_11_17 after conference

University of Ruhuna ISSN: 2706-0063
Matara, Sri Lanka

Measuring the Impact of LPI, CPI, GDP and FDI on
Sustainable Competitiveness

Naduni Kalansuriya*, Shara De Silva, Nishen Perera, Banuli Wanigarathna,
Ruwan Jayathilaka, and Saliya C. Arachchige
SLIIT Business School, Sri Lanka Institute of Information Technology.
nadunikalansuriya@gmail.com

This paper examines the impact of Logistic Performance Index (LPI), Corruption
Perception Index (CPI), Foreign Direct Investment (FDI), and Per capita Gross
Domestic Product (PGDP) on Global Competitiveness (GCI). It is assumed that these
indices have a significant impact towards sustainable competitiveness, where GCI
has grouped into three categories as low, moderate, and high. The purpose of this
study is to investigate which of these categories has the most significant impact by
the LPI, CPI, FDI, and PGDP for the world region. The study was conducted among
110 nations using Ordered Probit Regression analysis for the year 2018. Findings
reveal that the LPI, CPI, FDI, and PGDP have diverse impacts for nations with high
and low GCI rankings.

Keywords: Competitiveness, Corruption, FDI, Logistic, Sustainability

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