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Empirická analýza regionálního podnikatelského prostředí vybraných zemí EU
[An Empirical Analysis of the Business Environment of Selected European Union Regions]

Author

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  • Jakub Odehnal
  • Jaroslav Michálek

Abstract

The article is focused on the application of multivariety classification techniques for assessing the business environment of selected European Union regions. The theoretical part deals with the issue of identifying the factors, which boost the attractiveness of regions for possible investors. In accordance with a character of used data the authors have chosen the factor analysis and the cluster analysis for the classification process. As an input for the practical analysis such data sets have been selected which describe regional business environment in the EU. The initial number of chosen regions had to be reduced because of the missing data. The ZET algorithm has been applied to complete the mising values in the remaining number of regions. The following four indicators of business environment were created on the basis of factor analysis: the indicator of quality of labour forces and innovations, the indicator of labour market, the indicator of economic activity and the indicator of demographic development. Empirical classifications were explored on two different linkages by means of created factors. Individual clusters were compared by average values of factor scores. The results of comparison were discussed.

Suggested Citation

  • Jakub Odehnal & Jaroslav Michálek, 2011. "Empirická analýza regionálního podnikatelského prostředí vybraných zemí EU [An Empirical Analysis of the Business Environment of Selected European Union Regions]," Politická ekonomie, Prague University of Economics and Business, vol. 2011(2), pages 242-262.
  • Handle: RePEc:prg:jnlpol:v:2011:y:2011:i:2:id:783:p:242-262
    DOI: 10.18267/j.polek.783
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    References listed on IDEAS

    as
    1. Milan Viturka, 2007. "Konkurenceschopnost regionů a možnosti jejího hodnocení [Competitiveness of regions and possibilities of its evaluation]," Politická ekonomie, Prague University of Economics and Business, vol. 2007(5), pages 637-658.
    2. Dong-Sung Cho & Hwy-Chang Moon, 2000. "From Adam Smith to Michael Porter:Evolution of Competitiveness Theory," World Scientific Books, World Scientific Publishing Co. Pte. Ltd., number 4531, September.
    Full references (including those not matched with items on IDEAS)

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    Cited by:

    1. Slávka Klasová & Iveta Korobaničová & Peter Burger, 2017. "Vplyv aglomeračných úspor na rast zamestnanosti v kreatívnych odvetviach na Slovensku [The Impact of Agglomeration Economies on Employment Growth in the Creative Industries in Slovakia]," Politická ekonomie, Prague University of Economics and Business, vol. 2017(2), pages 217-233.

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    More about this item

    Keywords

    competitiveness; regions; business environment; regional disparities; cluster analysis; factor analysis;
    All these keywords.

    JEL classification:

    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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