Quantitative assessment of the industrial composition in the country’s regions
Abstract
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.
Keyword : regional industry, industrial composition assessment, economic development, industry structure, industrial composition
How to Cite
Ginevičius, R., Gedvilaitė, D., & Stasiukynas, A. (2018). Quantitative assessment of the industrial composition in the country’s regions. Technological and Economic Development of Economy, 24(5), 2083-2097. https://doi.org/10.3846/tede.2018.5696
This work is licensed under a Creative Commons Attribution 4.0 International License.
References
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Misra, A. (2006). Growth and structural change in manufacturing industries since 1980–1981 to 2001–2002. Journal of Industrial Economics, 1, 71-76.
Rajnoha, R., & Lesníková, P. (2016). Strategic performance management system and corporate sustainability concept - specific parametres in Slovak enterprises. Journal of Competitiveness, 8(3), 107-124. https://doi.org/10.7441/joc.2016.03.07
Sabonienė, A. (2009). Lithuanian export competitiveness: comparison with other Baltic States. Engineering Economics, 2, 49-57.
Sabonienė, A. (2010). The evaluation of the potencial of Lithuanian manufacturing industry structure on the basis of CI Index. Engineering Economics, 21(4), 399-407.
Sheehan, P. J. (2000). Manufacturing and growth in the longer term: an economic perspective (CSES Working paper No. 17). Melbourne: Victoria University.
Sheehan, P. J., & Tikhomirova, G. (1996). Diverse paths to industrial development in East Asia and ASEAN (CSES Working paper No. 6). Melbourne: Victoria University.
Silva, R., & Ferreira-Lopes, A. (2014). A Regional development index for Portugal. Social Indicators Research, 118(3), 1055-1085. https://doi.org/10.1007/s11205-013-0455-z
Snieška, V., & Bruneckiene, J. (2009). Measurement of Lithuanian Regions by regional competitiveness index. Engineering Economics, 1, 45-57.
Szirmai, A., Ruoen, R., & Bai, M. (2005). Chinese manufacturing performance in comparative perspective, 1980–2002 (Economic Growth Center Discussion paper No. 920). Economic Growth Center: Yale University.
Tikhomirova, G. (1997). Analysing changes in industry structure (CSES Working paper No. 11). Melbourne: Victoria University.
Wu, H. F., & Tam, T. (2015). Economic development and socioeconomic inequality of well-being: a cross-sectional time-series analysis of urban China, 2003–2011. Social Indicators Research, 124(2), 401-425. https://doi.org/10.1007/s11205-014-0803-7
Balassa, B. (1965). Trade liberalisation and revealed comparative advantage. Manchester: the Manchester School of Economic and Social Studies.
Bernatonyte, D., & Normandiene, A. (2009). Estimation of trade specialization: the case of the Baltic States. Engineering Economics, 2, 7-17.
Boggia, A., & Cortina, C. (2010). Measuring sustainable development using a multi-criteria model: a case study. Journal of Environmental Management, 91, 2301-2306. https://doi.org/10.1016/j.jenvman.2010.06.009
Bradbury, K., & Kodrycki, Y. K. (2007). Massachusetts employment growth 1996–2006: effects of industry performance and industry composition. Research Review, 7, 24-25.
Brunner, H. P., & Cali, M. (2005). Dynamics of manufacturing competitiveness in south Asia: analysis through export data (ERD Working Paper No. 77). Asian Development Bank.
Capasso, M., Stam, E., & Cefis, E. (2015). Industrial dynamics and economic geography. Regional Studies, 49(1), 5-9.
Carlton, D., & Perloff, J. M. (1994). Modern industrial organization. New York: Harper Collins College Publishers.
Chow, P. C. Y., & Kellman, M. H. (1993). Trade – the engine of growth in East Asia. New York: Oxford University Press. https://doi.org/10.1093/acprof:oso/9780195078954.001.0001
Lietuvos statistikos departamentas. (2014). Lietuvos apskritys skaičiais / Counties of Lithuania in Figures 2013. Retrieved from https://osp.stat.gov.lt/services-portlet/pub-edition-file?id=2908
Čiučkovič, N., Jurlin, K., & Vučkovič, V. (2013). Measuring regional competitiveness: the case of Croatia. Southeast European and Blach Sea Studies, 13(4), 503-523. https://doi.org/10.1080/14683857.2013.859813
Drysdale, P. (1988). International economic pluralism. Sydney: Allen & Unwin.
Duman, G. M., Tozanli, O., Kongar, E., & Gupta, S. M. (2017). A holistic approach for performance evaluation using quantitative and qualitative data: a food industry case study. Expert Systems with Applications, 81, 410-422. https://doi.org/10.1016/j.eswa.2017.03.070
Dumčiuvienė, D. (2001). Rinkos struktūros – įmonės elgsenos – veiklos rodiklių paradigma alaus pramonės pavyzdžiu [Market structure − the company᾽s behavior − performance paradigm example of the beer industry]. Engineering Economics, 1, 15-19.
Garnaut, R. (1989). Australia and the Northeast Asian ascendancy. Canberra: Australian Government Publishing Service.
Ginevičius, R., Gedvilaitė, D., & Bruzgė, Š. (2015). Assessment of a country’s regional economic development on the basis of Estimation of a Single Process (ESP) method. Entrepreneurial Business and Economics Review, 3(2), 141-153. https://doi.org/10.15678/EBER.2015.030210
Ginevičius, R., & Podvezko, V. (2008). A feasibility study of multicriteria methods’ application to quantitative evaluation of social phenomena. Business: Theory and Practice, 9(2), 81-87.
Grasmik, K. (2015). Alternative assessment of volume and industry structure of foreign direct investment in Russia. Studies on Russian Economic Development, 26(3), 218-224. https://doi.org/10.1134/S1075700715030065
Hallack, J. C. (2004). Product quality, linder and the direction of trade. University of Michigan. Retrieved from http://www.ekf.vsb.cz/export/sites/ekf/projekty/cs/weby/esf-0116/databaze-prispevku/ersa_2012/ersa_2012_00788.pdf. https://doi.org/10.3386/w10877
Hongxia, C., & Guoping, L. (2011). Empirical study on effect of industrial structure change on regional economic growth of Beijing-Tianjin-Hebei Metropolitan Region. Chinese Geographical Science, 21(6), 708-714. https://doi.org/10.1007/s11769-011-0478-9
Hwang, C., & Yoon, K. (1981). Multiple attribute decision making – methods and applications. A state of the art survey. New York, Berlin, Heidelberg: Springer Verlag. https://doi.org/10.1007/978-3-642-48318-9
Janissen, B., Thomson, R., Clark, C., & Geer, T. (1998). Aspects of structural change in Australia. In Productivity Commission: Research Paper. Commonwealth of Australia.
Karabaga, S. F., & Berggren, C. (2014). Antecedents of firm performance in emerging economies: Business groups, strategy, industry structure, and state support. Journal of Business Research, 67(10), 2212-2223. https://doi.org/10.1016/j.jbusres.2014.01.004
Kondyli, J. (2010). Measurement and evaluation of sustainable development. A composite indicator for the islands of the North Aegean region, Greece. Environmental Impact Assessment Review, 30, 347-356. https://doi.org/10.1016/j.eiar.2009.08.006
Kozubikova, L., Homolka, L., & Kristalas, D. (2017). The effect of business environment and entrepreneurs’ gender on perception of financial risk in the SME’s sector. Journal of Competitiveness, 9(1), 36-50. https://doi.org/10.7441/joc.2017.01.03
Misra, A. (2006). Growth and structural change in manufacturing industries since 1980–1981 to 2001–2002. Journal of Industrial Economics, 1, 71-76.
Rajnoha, R., & Lesníková, P. (2016). Strategic performance management system and corporate sustainability concept - specific parametres in Slovak enterprises. Journal of Competitiveness, 8(3), 107-124. https://doi.org/10.7441/joc.2016.03.07
Sabonienė, A. (2009). Lithuanian export competitiveness: comparison with other Baltic States. Engineering Economics, 2, 49-57.
Sabonienė, A. (2010). The evaluation of the potencial of Lithuanian manufacturing industry structure on the basis of CI Index. Engineering Economics, 21(4), 399-407.
Sheehan, P. J. (2000). Manufacturing and growth in the longer term: an economic perspective (CSES Working paper No. 17). Melbourne: Victoria University.
Sheehan, P. J., & Tikhomirova, G. (1996). Diverse paths to industrial development in East Asia and ASEAN (CSES Working paper No. 6). Melbourne: Victoria University.
Silva, R., & Ferreira-Lopes, A. (2014). A Regional development index for Portugal. Social Indicators Research, 118(3), 1055-1085. https://doi.org/10.1007/s11205-013-0455-z
Snieška, V., & Bruneckiene, J. (2009). Measurement of Lithuanian Regions by regional competitiveness index. Engineering Economics, 1, 45-57.
Szirmai, A., Ruoen, R., & Bai, M. (2005). Chinese manufacturing performance in comparative perspective, 1980–2002 (Economic Growth Center Discussion paper No. 920). Economic Growth Center: Yale University.
Tikhomirova, G. (1997). Analysing changes in industry structure (CSES Working paper No. 11). Melbourne: Victoria University.
Wu, H. F., & Tam, T. (2015). Economic development and socioeconomic inequality of well-being: a cross-sectional time-series analysis of urban China, 2003–2011. Social Indicators Research, 124(2), 401-425. https://doi.org/10.1007/s11205-014-0803-7