Since 2014
Assessment of a Country’s Regional Economic Development on the Basis of Estimation of a Single Process (ESP) Method
Entrepreneurial Business and Economics Review
View Archive Info| Field | Value | |
| Title |
Assessment of a Country’s Regional Economic Development on the Basis of Estimation of a Single Process (ESP) Method
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| Creator |
Ginevičius, Romualdas; Vilnius Gediminas Technical University VGTU
Gedvilaitė, Dainora; Vilnius Gediminas Technical University VGTU (Lithuania). Bruzgė, Šarūnas; Tallinn University of Technology TTU |
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| Subject |
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multi-criteria valuation; regions; regional development; indicators; assessment; Lithuania Q01 |
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| Description |
The objective of this article is to demonstrate an option of quantitative assessment of the status of an isolated complex target object. 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. 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.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. Up to now the goal of multi-criteria valuation was to determine the priority of analysed variants. In order todetermine 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.
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| Publisher |
Cracow University of Economics
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| Contributor |
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| Date |
2015-06-22
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article — |
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| Format |
application/pdf
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| Identifier |
http://www.eber.uek.krakow.pl/index.php/eber/article/view/86
10.15678/EBER.2015.030210 |
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| Source |
Entrepreneurial Business and Economics Review; Vol 3, No 2 (2015): International Entrepreneurial Orientation: Theoretical Perspective; 141-153
2353-8821 2353-883X |
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| Language |
eng
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| Relation |
http://www.eber.uek.krakow.pl/index.php/eber/article/view/86/103
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| Coverage |
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| Rights |
Authors who publish with this journal agree to the following terms:Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a CC BY-NC-ND licence that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.Authors are asked to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access). We advise to use any of the following reserach society portals:ResearchGateSSRNAcademia.eduSelected WorksAcademic Search
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