Assessment of a Country's Regional Economic Development on the Basis of Estimation of a Single Process (ESP) Method

• Autorzy: Romualdas Ginevičius , Dainora Gedvilaitė , Šarūnas Bruzgė
• Języki publikacji: EN

Abstrakty

EN

Objective: The objective of this article is to demonstrate an option of quantitative assessment of the status of an isolated complex target object.

Research Design & Methods: Review of scientific literature, an analysis of statistical data and methods applied in the theory of multiple criteria have been used for the purpose of this research.

Findings: The calculations have revealed that the proposed methodology is suitable for addressing real tasks. This methodology allowed the identification of unused potential of economic development in each region.

Implications & Recommendations: The proposed methodology can be applied to determine the current situation of regional economic development of a country. This could help plan the investment for country regional development.

Contribution & Value Added: Up to now the goal of multi-criteria valuation was to determine the priority of analysed variants. In order to determine the economic development of separate regions during the period in question, a different method of normalisation of values was employed than the one normally used in multi-criteria valuations. The originality of this work lies in the assessment of the status of an isolated process at a given moment of time. (original abstract)

Słowa kluczowe

EN

Regional development; Economic development of regions; Economic growth indicators

PL

Rozwój regionalny; Rozwój gospodarczy regionów; Mierniki wzrostu gospodarczego

• Czasopismo: Entrepreneurial Business and Economics Review
• Rocznik: 2015
• Tom: 3
• Numer: nr 2 International Entrepreneurial Orientation : Theoretical Perspective
• Strony: 141--153

Twórcy

autor

Romualdas Ginevičius

• Vilnius Gediminas Technical University VGTU, Lithuania

autor

Dainora Gedvilaitė

• Vilnius Gediminas Technical University VGTU, Lithuania

autor

Šarūnas Bruzgė

• Tallinn University of Technology TTU, Estonia; Vilnius Gediminas Technical University VGTU, Lithuania

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Identyfikatory

DOI

10.15678/EBER.2015.030210