Quantitative assessment of the industrial composition in the country’s regions

To this date, insufficient number of reasoned methods for assessing the industrial composition in the country or in the region in an integrated and quantitative manner is on offer. The existing proposals are basically intended for explaining the drivers of change in the industrial composition as wel...

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Main Authors: Romualdas Ginevičius, Dainora Gedvilaitė, Andrius Stasiukynas
Format: Article
Language:English
Published: Vilnius Gediminas Technical University 2018-10-01
Series:Technological and Economic Development of Economy
Subjects:
Online Access:http://journals.vgtu.lt/index.php/TEDE/article/view/5696
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author Romualdas Ginevičius
Dainora Gedvilaitė
Andrius Stasiukynas
author_facet Romualdas Ginevičius
Dainora Gedvilaitė
Andrius Stasiukynas
author_sort Romualdas Ginevičius
collection DOAJ
description To this date, insufficient number of reasoned methods for assessing the industrial composition in the country or in the region in an integrated and quantitative manner is on offer. The existing proposals are basically intended for explaining the drivers of change in the industrial composition as well as the reasons thereof. Following this analysis, the most export-oriented industries are determined. Hence, the focus is not on assessing the industrial composition of a country or a region itself in a quantitative manner, but rather the impact of the changes thereof on economic indicators, i.e. derivative measures of industrial composition. The industrial composition of a country or a region can be described through indicators that reflect three key aspects, i.e. the variety of active economic entities by their number, size and types of economic activities. The proposed methodology is suitable for assessing the industrial composition of a country’s region.
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spelling doaj.art-ed26337c2e77485db4e71f78db17023a2022-12-21T21:04:00ZengVilnius Gediminas Technical UniversityTechnological and Economic Development of Economy2029-49132029-49212018-10-0124510.3846/tede.2018.5696Quantitative assessment of the industrial composition in the country’s regionsRomualdas Ginevičius0Dainora Gedvilaitė1Andrius Stasiukynas2Department of Economics Engineering, Faculty of Business Management, Vilnius Gediminas Technical University, Saulėtekio al., LT 10223 Vilnius, LithuaniaDepartment of Economics Engineering, Faculty of Business Management, Vilnius Gediminas Technical University, Saulėtekio al., LT 10223 Vilnius, LithuaniaDepartment of Economics Engineering, Faculty of Business Management, Vilnius Gediminas Technical University, Saulėtekio al., LT 10223 Vilnius, LithuaniaTo this date, insufficient number of reasoned methods for assessing the industrial composition in the country or in the region in an integrated and quantitative manner is on offer. The existing proposals are basically intended for explaining the drivers of change in the industrial composition as well as the reasons thereof. Following this analysis, the most export-oriented industries are determined. Hence, the focus is not on assessing the industrial composition of a country or a region itself in a quantitative manner, but rather the impact of the changes thereof on economic indicators, i.e. derivative measures of industrial composition. The industrial composition of a country or a region can be described through indicators that reflect three key aspects, i.e. the variety of active economic entities by their number, size and types of economic activities. The proposed methodology is suitable for assessing the industrial composition of a country’s region.http://journals.vgtu.lt/index.php/TEDE/article/view/5696regional industryindustrial composition assessmenteconomic developmentindustry structureindustrial composition
spellingShingle Romualdas Ginevičius
Dainora Gedvilaitė
Andrius Stasiukynas
Quantitative assessment of the industrial composition in the country’s regions
Technological and Economic Development of Economy
regional industry
industrial composition assessment
economic development
industry structure
industrial composition
title Quantitative assessment of the industrial composition in the country’s regions
title_full Quantitative assessment of the industrial composition in the country’s regions
title_fullStr Quantitative assessment of the industrial composition in the country’s regions
title_full_unstemmed Quantitative assessment of the industrial composition in the country’s regions
title_short Quantitative assessment of the industrial composition in the country’s regions
title_sort quantitative assessment of the industrial composition in the country s regions
topic regional industry
industrial composition assessment
economic development
industry structure
industrial composition
url http://journals.vgtu.lt/index.php/TEDE/article/view/5696
work_keys_str_mv AT romualdasginevicius quantitativeassessmentoftheindustrialcompositioninthecountrysregions
AT dainoragedvilaite quantitativeassessmentoftheindustrialcompositioninthecountrysregions
AT andriusstasiukynas quantitativeassessmentoftheindustrialcompositioninthecountrysregions