How Did the Time with the EU Regional Competitiveness Index? Analysis of Content and Methodological Changes across Editions

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F19%3A10243725" target="_blank" >RIV/61989100:27510/19:10243725 - 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

How Did the Time with the EU Regional Competitiveness Index? Analysis of Content and Methodological Changes across Editions

Original language description

Why measuring regional competitiveness is so important? Because if you cannot measure it, you cannot improve it. A quantitative score of competitiveness will facilitate the European Union (EU) in identifying possible regional weaknesses together with factors mainly driving these weaknesses. This, in turn, will assist regions in the catching up the process. In doing so, the paper looks at the impact of a variety of competitiveness factors, taking into account regional differences which will affect their relative importance. In this case, the Regional Competitiveness Index (RCI) can be used to help regions assess which aspects of competitiveness are the strongest and which ones need improvement. RCI provides the first synthetic picture of the EU competitiveness at the level of NUTS 2 regions representing, at the same time, a well-balanced plurality of different fundamental aspects. It takes into account both social and economic aspects, including the factors which describe the short and long-term potential of the economy. It is very important to understand the extent to which regions compete with each other, where this competition comes from, and what factors determine a territorial, economic attractiveness. Therefore, regional development strategies could use RCI to identify possible regional development priorities. By systematic analysis of scientific literature comprehensive analysis of the EU regional competitiveness is performed.

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

Result was created during the realization of more than one project. More information in the Projects tab.

Continuities

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

Publication year

2019

Confidentiality

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

Article name in the collection

22nd International Colloquium on Regional Sciences : conference proceedings : Velké Bílovice, June 12–14, 2019

ISBN

978-80-210-9268-6

ISSN

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e-ISSN

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Number of pages

9

Pages from-to

37-45

Publisher name

Masarykova univerzita

Place of publication

Brno

Event location

Velké Bílovice

Event date

Jun 12, 2019

Type of event by nationality

EUR - Evropská akce

UT code for WoS article

000576955800004