Integrated index of competitiveness as a basis for analysis of management systems for sustainable development of the territory

Halyna Raiko, Dmytro Vasylkivskyi, Natalia Kovalska, Irina Shvets, Yuriy Shvets, Serhii Makarenko, Nataliia Oliinyk, Serhii Rybachok, Olha Kravchuk and Vitalii Kovalov

International Journal of Economics and Business Research, 2022, vol. 24, issue 1/2, 286-303

Abstract: The article is devoted to the study of the economic aspects of territorial systems management, taking into account the experience of Ukraine based on the definition of regional competitiveness. An algorithm for calculation of the competitiveness index, which allows assessing qualitatively the advantages and disadvantages of a particular territorial system and affects its development in the future, has been described. A method of calculation the competitiveness index, consisting of five stages, has been developed. It allows a real-time assessment of effectiveness of a territorial system. Promising ways of further research of territorial systems are introduced.

Keywords: territorial system; competitiveness index; factor analysis; strategic management; sustainable development. (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:ids:ijecbr:v:24:y:2022:i:1/2:p:286-303

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