An overview and evaluation of methods for deriving composite indices of regional development in socio-economic issues

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27510%2F18%3A10241198" target="_blank" >RIV/61989100:27510/18:10241198 - 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

An overview and evaluation of methods for deriving composite indices of regional development in socio-economic issues

Popis výsledku v původním jazyce

Economic growth has lifted hundreds of millions out of poverty and improved the lives of many more over the last half-century. Yet it is increasingly evident that a model of development based solely on economic progress is incomplete. We must widen our understanding of the success of societies beyond economic outcomes. Inclusive growth requires achieving both economic and social progress as stated in the Strategy Europe 2020. Advances in understanding, theory and measurement must necessarily proceed hand in hand. Right measurement is a powerful instrument for social progress; wrong or imprecise measurement a source of hazard and even havoc. Measurement of a region&apos;s progress plays a crucial role in improving the prosperity and quality of life of regional communities. This process has however proven difficult as contemporary views on measurement of regional development are presented as multi-dimensional concepts. Several methods of evaluating regional economies exist, most of methods have their own limitations in selection of relevant indicators and weighting scheme. Despite the limitations, several approaches in the form of composite indices have been proposed by the European Union and the other institutions. This paper discusses challenges faced in the design of composite indices of regional development in socio-economic issues.

Název v anglickém jazyce

An overview and evaluation of methods for deriving composite indices of regional development in socio-economic issues

Popis výsledku anglicky

Economic growth has lifted hundreds of millions out of poverty and improved the lives of many more over the last half-century. Yet it is increasingly evident that a model of development based solely on economic progress is incomplete. We must widen our understanding of the success of societies beyond economic outcomes. Inclusive growth requires achieving both economic and social progress as stated in the Strategy Europe 2020. Advances in understanding, theory and measurement must necessarily proceed hand in hand. Right measurement is a powerful instrument for social progress; wrong or imprecise measurement a source of hazard and even havoc. Measurement of a region&apos;s progress plays a crucial role in improving the prosperity and quality of life of regional communities. This process has however proven difficult as contemporary views on measurement of regional development are presented as multi-dimensional concepts. Several methods of evaluating regional economies exist, most of methods have their own limitations in selection of relevant indicators and weighting scheme. Despite the limitations, several approaches in the form of composite indices have been proposed by the European Union and the other institutions. This paper discusses challenges faced in the design of composite indices of regional development in socio-economic issues.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

Výsledek vznikl pri realizaci vícero projektů. Více informací v záložce Projekty.

Návaznosti

P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Rok uplatnění

2018

Kód důvěrnosti údajů

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

Název statě ve sborníku

XXI. mezinárodní kolokvium o regionálních vědách : sborník příspěvků : Kurdějov, 13.-15. června = 21st International Colloquium on Regional Sciences : conference proceedings : June 13-15, 2018

ISBN

978-80-210-8969-3

ISSN

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e-ISSN

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Počet stran výsledku

9

Strana od-do

48-56

Název nakladatele

Masarykova univerzita

Místo vydání

Brno

Místo konání akce

Kurdějov

Datum konání akce

13. 6. 2018

Typ akce podle státní příslušnosti

EUR - Evropská akce

Kód UT WoS článku

000583803900005