Application of selected weighting methods and TOPSIS method in regional disparities analysis

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F16%3A86098199" target="_blank" >RIV/61989100:27510/16:86098199 - 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

Application of selected weighting methods and TOPSIS method in regional disparities analysis

Original language description

The paper deals with a multicriteria analysis of regional disparities in the context of European cohesion. The elimination of the economic, social and territorial disparities among European regions is the primary objective of the European Union (EU). Thanks to EU Cohesion Policy, the regional disparities decreased over the past decade, however a wide gap has still remained between the less developed and the highly developed regions. In terms of the evaluation of regional disparities there is no uniform methodological approach to determination of weights of regional indicators and regional disparities assessment. The multicriteria decision making (MCDM) methods can be considered as a suitable and useful tool. The main aim of the paper is to outline the different weighting methods within MCMD method and compare the effects of their application in the regional disparities analysis namely on case study. The selected weighting methods are used to derive the weights of the regional indicators. The TOPSIS method is employed to rank the NUTS 2 regions in the selected EU countries according to their socio-economic development in the context of EU cohesion. An empirical study demonstrated a feasibility of the weighting and MCDM methods in 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

AH - Economics

OECD FORD branch

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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

2016

Confidentiality

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

Article name in the collection

The 10th International Days of Statistics and Economics : conference proceedings : September 8-10, 2016, Prague, Czech Republic

ISBN

978-80-87990-10-0

ISSN

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e-ISSN

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Number of pages

10

Pages from-to

1240-1249

Publisher name

Melandrium

Place of publication

Slaný

Event location

Praha

Event date

Sep 8, 2016

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000389515100123