3.6 Market size. The size of the market affects productivity because large markets allow firms to exploit economies of scale. In the era of globalization, international markets have become a substitute for domestic markets, especially for small countries (Sachs and Warner, 1995; Frenkel and Romer, 1999; Rodrik and Rodriguez, 1999; Alesina et al., 2005; and Feyrer, 2009).
Market size scores misalignment arose from the inhomogeneity and heterogeneity of the following facts: lack of trade and export, and also the barriers to trade. Indeed, based on analysis of data of the Global Competitiveness Report 2009-2010 we obtain the following:
- mean is 4,35 score, and this corresponds the Puerto Rico (3,79) ranked 42nd;
- mode is 3,53 score, and this corresponds Norway ranked 14th; Hungary ranked 57th and Peru ranked 78th;
- maximum is 6,93 score, and this corresponds United States ranked 2nd;
- minimum is 1,30 score, and this corresponds Timor-Leste ranked 126th. Then interval is 5,63 score, also note that United States (1st) – 6,93; Germany (5th) is 6,02; Turkey (15th) – 5,22 and Kazakhstan (55th) – 4,17 scores;
- skewness coefficient is 0,197, and this appropriate distribution of the market size scores shift the mean to the right;
- kurtosis coefficient is -0,365; and this appropriate distribution relatively normal distribution is the horizontally direction.
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