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The evaluation of economic development index: theory and research

Author

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  • Jadvyga Ciburiene

    (Kaunas University of Technology, Lithuania)

Abstract

The purpose of this research is to characterize and evaluate the results of economic development. In order to analyze the changes of economic development in different countries the index of economic development as share of sustainable development is used. The research characterizes economic development of two neighborhood countries – Lithuania and Poland. Empirical analysis of satisfactory cases of Lithuania and Poland during the period of the years 2005-2012 are examined. The point of this research – to analyze a country’s main macroeconomic development indicators and unify them creating an economical development index. The year 2005 was taken as the base year.

Suggested Citation

  • Jadvyga Ciburiene, 2015. "The evaluation of economic development index: theory and research," Working Papers 40/2015, Institute of Economic Research, revised Apr 2015.
    • Handle: RePEc:pes:wpaper:2015:no40
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    More about this item

    Keywords

    Lithuania; Poland; economic development; economic development index; macroeconomic indicators; regional development;
    All these keywords.

    JEL classification:

    • O10 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - General
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development

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