Creation of Composite Index of the EU Regional Resilience: Analysis and Selection of Indicators

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F17%3A10236505" target="_blank" >RIV/61989100:27510/17:10236505 - 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

Creation of Composite Index of the EU Regional Resilience: Analysis and Selection of Indicators

Original language description

Territorial economies have always been prone to different kinds of shocks such as economic downturns, industry shocks, financial and monetary crises, which can destabilize the path and pattern of regional economic growth. Regional economy perturbed by a shock may move onto a new growth path by re-establishing economic linkages both internally and with other regions. The question why one region is more vulnerable to economic shock than other, impelled to analyse resilience and identify their strengths and weaknesses in terms of resilience and flexibility. Several methods of evaluating territorial economies exist, most of methods have their own limitations, especially in selection of relevant indicators and weighting scheme. Despite the limitations, several approaches in the form of composite indices has been proposed by the European Union (EU) and the other institutions, in the field of cohesion, competitiveness, regional development and potential, resilience, social progress, etc. The aim of the paper is to review the relevant approaches to evaluation of all resilience aspects (especially the EU case) based on composite indices and obtain overview of the appropriate indicators for constructing the EU regional resilience index. Literature review is based on comprehensive analysis of research studies on constructing the territorial composite indices. Results of the paper in the form of appropriate indicators will be utilised as a tool for future analysis in measuring regional resilience of the EU NUTS 2 regions based on constructing the own index.

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

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Continuities

S - Specificky vyzkum na vysokych skolach

Publication year

2017

Confidentiality

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

Article name in the collection

Liberec Economic Forum 2017: proceedings of the 13th international conference : 11th-13th September 2017, Liberec, Czech Republic, EU

ISBN

978-80-7494-349-2

ISSN

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e-ISSN

neuvedeno

Number of pages

8

Pages from-to

136-144

Publisher name

Technical University of Liberec

Place of publication

Liberec

Event location

Liberec

Event date

Sep 11, 2017

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000426486500015