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Life in Vysocina



Macroeconomics comparationReport of Macroeconomics
Overall AssessmentReport of Overall Assessment
Comparsion of RegionsReport of Comparsion of Regions wiht choose an indicator
Inovative potentialReport of Inovative potential
Quality of LifeReport of Quality of Life


 A Dynamic Comparison of Regions


Goals of the Modelcr_vysocina.png

The goal of the model is to provide information about the position of individual regions in all (in the author’s opinion) areas of their development. The model compares not only the regions’ present performance, but also factors in their potential future development, i.e., the dynamic component of the development of the indicators selected. The author strove to create a model that would offer maximum simplicity, flexibility, and universality, which could be adapted as required, with indicators being added or subtracted.

The Comparative Method

The model compares the PERFORMANCE component of the given indicator, i.e., the condition and position of a region in the last known year (in certain cases, the average since 2000 indicator  has been used). The performance component is displayed on the X axis. The Y axis displays the DYNAMIC component of the indicator, i.e., the index of the growth or decline of the given indicator from the time the regions were established, i.e., 2000, until the last known period (in certain cases, again the average since 2000 indicator  was used). With each indicator, the regions are ordered from the worst to the best in both components, and the results are shown graphically for the sake of clarity, i.e., a ranking of 14 means the best of regions and a ranking of 1 the worst. On the overall rating for all indicators, the average of all ranks is used, and all indicators are given equal weight. The position of a particular region with regard to other regions is important when displayed in graphs. The higher a region is placed, the higher development dynamics it displays, and vice versa. A position on the right means a high current level of performance, whereas a position on the left on the other hand, means a low level of performance relative to other regions. The methodology chosen is based on a publication by Jaroslav Kahoun entitled "Ukazatele regionální konkurenceschopnosti v ČR" (Indicators of Regional Competitiveness in the Czech Republic).

The Indicators Selected

Those indicators for which there is a demonstrable time-line since 2000, and for which the regional reporting value is not too distorted, have been included in the model. The goal is not to obtain an absolute value of any one of the indicators, but, rather, to provide a comparison of the regions between themselves or to the national average.