THE  FORMULATION OF A COMPOSITE REGIONAL DEVELOPMENT INDEX

D. F. Meyer; J. De Jongh; N. Meyer

Article Details

THE FORMULATION OF A COMPOSITE REGIONAL DEVELOPMENT INDEX

Authors:

D. F. Meyer | J. De Jongh | N. Meyer

Publisher:

Sosyal Bilimler Araştırmaları Derneği

Journal:

International Journal of Business and Management Studies 2016 Vol.8 Issue 1, pp.100-116

Document Type:

Article

Publication Date:

5/2016

Document Language:

Turkish

Document ID (Org No.):

2000809034

Frequency:

Bi-Annual

eISSN:

1309-8047

Abstract:

 

The measurement of a region’s progress with regards to achieving its  developmental potential, plays a crucial role in improving the prosperity and  quality of life of local communities. This process has however proven difficult as  contemporary views on measurement of regional development are presented as  multi-dimensional concepts. Attempts at measuring the development process have  made use of composite indices, such as the Human Development Index (HDI) and  other index variations. Nonetheless, those indexes mostly fail to truly reflect the  various dimensions of the development process. The primary objective of this  study was to construct a composite regional development index that successfully  measures all the dimensions of development in a quantitative manner. The index  was designed to be able to assess regions on a national, regional and local level.  The hypothesised index consisted of four dimensions (demographic, social, labour  and economic) that were constructed from 17 indicators. Furthermore, the index  as developed could be utilised as a tool for future analysis in measuring regional  efforts and progress as well as being used to compare different economic  functional regions regarding the level of socio-economic development.

Article Details

THE FORMULATION OF A COMPOSITE REGIONAL DEVELOPMENT INDEX

Authors: D. F. Meyer | J. De Jongh | N. Meyer

Publisher: Sosyal Bilimler Araştırmaları Derneği

Journal: International Journal of Business and Management Studies 2016 Vol.8 Issue 1, pp.100-116

Document Type: Article

Publication Date: 5/2016

Document Language: Turkish

Document ID (Org No.): 2000809034

Frequency: Bi-Annual

eISSN: 1309-8047

Issues

Authors:

D. F. Meyer | J. De Jongh | N. Meyer

Publisher:

Sosyal Bilimler Araştırmaları Derneği

Journal:

International Journal of Business and Management Studies 2016 Vol.8 Issue 1, pp.100-116

Document Type:

Article

Publication Date:

5/2016

Document Language:

Turkish

Document ID (Org No.):

2000809034

Frequency:

Bi-Annual

eISSN:

1309-8047