The Competitiveness Index of Czech Regions

This paper deals with the competitiveness of regions and its possible measuring using composite indicators. Advantages of a composite index are that it summarizes more dimensions of competitiveness and the results can be comprehensibly interpreted for the public. The aims of this paper are to evalua...

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Main Authors: Vladimír Žítek, Viktorie Klímová
Format: Article
Language:English
Published: Mendel University Press 2015-01-01
Series:Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
Subjects:
Online Access:https://acta.mendelu.cz/63/2/0693/
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author Vladimír Žítek
Viktorie Klímová
author_facet Vladimír Žítek
Viktorie Klímová
author_sort Vladimír Žítek
collection DOAJ
description This paper deals with the competitiveness of regions and its possible measuring using composite indicators. Advantages of a composite index are that it summarizes more dimensions of competitiveness and the results can be comprehensibly interpreted for the public. The aims of this paper are to evaluate and compare the competitiveness of Czech regions based on the 3-Factor model. The evaluation is performed using a composite index which includes 14 partial indicators. These indicators are divided into three groups – input factors, output factors and outcome factors. Individual regions of the Czech Republic are thus first compared based on the factors and then based on the total score. The total score expresses the regional competitiveness in relation to the competitiveness of the Czech Republic as a whole. The main year evaluated is the year 2012. We also compared the results to the year 2008. The most competitive region is Prague (it does not do well in output factors only), but also the South Moravian, Central Bohemia and Pilsen regions are highly competitive. The least competitive regions are the Ústí, Karlovy Vary and Vysočina regions.
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spelling doaj.art-7f5dd22a9996462cb7baf96631c4ce762022-12-22T01:23:24ZengMendel University PressActa Universitatis Agriculturae et Silviculturae Mendelianae Brunensis1211-85162464-83102015-01-0163269370110.11118/actaun201563020693The Competitiveness Index of Czech RegionsVladimír Žítek0Viktorie Klímová1Department of Regional Economics and Administration, Faculty of Economics and Administration, Masaryk University, Lipová 41a, 602 00 Brno, Czech RepublicDepartment of Regional Economics and Administration, Faculty of Economics and Administration, Masaryk University, Lipová 41a, 602 00 Brno, Czech RepublicThis paper deals with the competitiveness of regions and its possible measuring using composite indicators. Advantages of a composite index are that it summarizes more dimensions of competitiveness and the results can be comprehensibly interpreted for the public. The aims of this paper are to evaluate and compare the competitiveness of Czech regions based on the 3-Factor model. The evaluation is performed using a composite index which includes 14 partial indicators. These indicators are divided into three groups – input factors, output factors and outcome factors. Individual regions of the Czech Republic are thus first compared based on the factors and then based on the total score. The total score expresses the regional competitiveness in relation to the competitiveness of the Czech Republic as a whole. The main year evaluated is the year 2012. We also compared the results to the year 2008. The most competitive region is Prague (it does not do well in output factors only), but also the South Moravian, Central Bohemia and Pilsen regions are highly competitive. The least competitive regions are the Ústí, Karlovy Vary and Vysočina regions.https://acta.mendelu.cz/63/2/0693/competitivenesscomposite indicatorCzech Republicregional developmentdisparitiesNUTS 3 regions
spellingShingle Vladimír Žítek
Viktorie Klímová
The Competitiveness Index of Czech Regions
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis
competitiveness
composite indicator
Czech Republic
regional development
disparities
NUTS 3 regions
title The Competitiveness Index of Czech Regions
title_full The Competitiveness Index of Czech Regions
title_fullStr The Competitiveness Index of Czech Regions
title_full_unstemmed The Competitiveness Index of Czech Regions
title_short The Competitiveness Index of Czech Regions
title_sort competitiveness index of czech regions
topic competitiveness
composite indicator
Czech Republic
regional development
disparities
NUTS 3 regions
url https://acta.mendelu.cz/63/2/0693/
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