Weighting Scheme for Measuring the Composite Index of EU Regional Resilience.

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F15%3A86094433" target="_blank" >RIV/61989100:27510/15:86094433 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Weighting Scheme for Measuring the Composite Index of EU Regional Resilience.

Popis výsledku v původním jazyce

Composite indices have received substantial attention in recent years and various methodologies have been developed to handle different aspects of economic and business issues. General scheme of building composite indicators includes several steps that have to be made and corresponding methods have to be chosen. Primarly, selection of sub-indicators, normalizing methods, weighting schemes and aggre-gation formulas are fundamental. This paper deals with the selection of appropriate tool for weighting scheme, i.e. the issue of weights. When used in benchmarking framework, weights can have a significant effect on the overall composite indicator and the evaluated units’ rankings. Therefore an objective approach of determining weighting scheme in composite weighted index for measuring EU regional resilience is suggested. Several dimensions of regional resilience as sub-indicators exist, there-fore it is necessary to use different weighting unique for (1) each dimension of re-gional resilience, (2) each EU NUTS 2 region and (3) each year of reference period. For this purpose, the Entropy method is used to determine objective weighting scheme based on information available in the data set

Název v anglickém jazyce

Weighting Scheme for Measuring the Composite Index of EU Regional Resilience.

Popis výsledku anglicky

Composite indices have received substantial attention in recent years and various methodologies have been developed to handle different aspects of economic and business issues. General scheme of building composite indicators includes several steps that have to be made and corresponding methods have to be chosen. Primarly, selection of sub-indicators, normalizing methods, weighting schemes and aggre-gation formulas are fundamental. This paper deals with the selection of appropriate tool for weighting scheme, i.e. the issue of weights. When used in benchmarking framework, weights can have a significant effect on the overall composite indicator and the evaluated units’ rankings. Therefore an objective approach of determining weighting scheme in composite weighted index for measuring EU regional resilience is suggested. Several dimensions of regional resilience as sub-indicators exist, there-fore it is necessary to use different weighting unique for (1) each dimension of re-gional resilience, (2) each EU NUTS 2 region and (3) each year of reference period. For this purpose, the Entropy method is used to determine objective weighting scheme based on information available in the data set

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

<a href="/cs/project/EE2.3.20.0296" target="_blank" >EE2.3.20.0296: Výzkumný tým pro modelování ekonomických a finančních procesů na VŠB-TU Ostrava</a><br>

Návaznosti

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

Rok uplatnění

2015

Kód důvěrnosti údajů

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

Název statě ve sborníku

Mathematical Methods in Economics, MME 2015 : 33rd international conference : conference proceedings : Cheb, Czech Republic, September 9-11, 2015

ISBN

978-80-261-0539-8

ISSN

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e-ISSN

neuvedeno

Počet stran výsledku

6

Strana od-do

525-530

Název nakladatele

University of West Bohemia

Místo vydání

Plzeň

Místo konání akce

Cheb

Datum konání akce

9. 9. 2015

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000387898900090