Evaluation of Regional Disparities in Visegrad Four based on Selected MCDM Methods.

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86094315" target="_blank" >RIV/61989100:27510/15:86094315 - isvavai.cz</a>

Result on the web

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DOI - Digital Object Identifier

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Result language

angličtina

Original language name

Evaluation of Regional Disparities in Visegrad Four based on Selected MCDM Methods.

Original language description

In the European Union (EU) there is a general belief that differences between states and regions are major obstacles to the balanced and harmonious development of European territory and these inequalities should be reduced or kept in the sustainable limits. The EU Cohesion Policy is a main instrument for pursuing growth, prosperity and harmonious development across the EU. Although, the EU Cohesion Policy has contributed to reduction of economic, social and territorial disparities over the past decade, overall a wide gap remains between the less developed and the highly developed EU regions. Visegrad Four countries (V4; the Czech Republic, Hungary, Poland, Slovakia) belong to states that have joined the EU in the year 2004 and their regional development of the last 10 years has been strongly linked to the EU Cohesion Policy funding. The aim of the paper is to evaluate and compare the development of regional disparities in Visegrad Four over the period from 2004 to 2012 (period before economic crisis and after it) by utilizing selected multicriteria decision making (MCDM) methods (namely entropy, TOPSIS and VIKOR methods). The information entropy is used to derive the objective weights of the regional indicators and the TOPSIS and VIKOR methods are employed to rank the NUTS 2 regions in V4 according to their socio-economic development in the context of EU cohesion. Applying MCDM methods, the paper solves the problem of an alternative approach to quantitative evaluation of the regional disparities.

Czech name

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Czech description

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Type

D - Article in proceedings

CEP classification

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OECD FORD branch

50202 - Applied Economics, Econometrics

Project

<a href="/en/project/EE2.3.20.0296" target="_blank" >EE2.3.20.0296: Research team for modelling of economic and financial processes at VSB-TU Ostrava</a><br>

Continuities

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Publication year

2015

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection

Online Conference Proceedings - 9th International Days of Statistics and Economics

ISBN

978-80-87990-06-3

ISSN

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e-ISSN

neuvedeno

Number of pages

10

Pages from-to

1128-1137

Publisher name

Melandrium

Place of publication

Slaný

Event location

Praha

Event date

Sep 10, 2015

Type of event by nationality

WRD - Celosvětová akce

UT code for WoS article

000380530000107