Usability of the MCDM and multivariate methods in the process of the regional disparities evaluation: Case of the Visegrad Group

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F16%3A86098201" target="_blank" >RIV/61989100:27510/16:86098201 - 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
Usability of the MCDM and multivariate methods in the process of the regional disparities evaluation: Case of the Visegrad Group
Original language description
The paper deals with a problem of quantitative analysis of regional disparities in the context of the EU Cohesion Policy. Thanks to the 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 EU 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 and multivariate methods (cluster analysis) can be considered as a suitable and useful tool. The aim of the paper is to evaluate and compare the development of regional disparities in the Visegrad Group in the years 2004 and 2014 by the selected MCDM and multivariate methods. The selected weighting method (CRITIC method) is used to derive the weights of the regional indicators. Based on TOPSIS method and cluster analysis, ranking of NUTS 2 regions and homogeneous clusters of regions are determined. In the conclusion the results of case study and the advantages and disadvantages of the selected quantitative methods in the regional disparities evaluation are discussed.
Czech name
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Czech description
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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
Proceedings of 14th International Scientific Conference Economic Policy in the European Union Member Countries: September 14-16, 2016, Petrovice u Karviné, Czech Republic. Part 2
ISBN
978-80-7510-210-2
ISSN
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e-ISSN
neuvedeno
Number of pages
10
Pages from-to
471-480
Publisher name
Slezská univerzita v Opavě, Obchodně podnikatelská fakulta v Karviné
Place of publication
Karviná
Event location
Petrovice u Karviné
Event date
Sep 14, 2016
Type of event by nationality
EUR - Evropská akce
UT code for WoS article
000403638200050

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