MODIFIED HUMAN DEVELOPMENT INDEX AND ITS WEIGHTED ALTERNATIVE – THE CASE OF VISEGRAD FOUR PLUS AUSTRIA AND SLOVENIA Cover Image

MODIFIED HUMAN DEVELOPMENT INDEX AND ITS WEIGHTED ALTERNATIVE – THE CASE OF VISEGRAD FOUR PLUS AUSTRIA AND SLOVENIA
MODIFIED HUMAN DEVELOPMENT INDEX AND ITS WEIGHTED ALTERNATIVE – THE CASE OF VISEGRAD FOUR PLUS AUSTRIA AND SLOVENIA

Author(s): Jan Nevima, Zuzana Kiszová
Subject(s): Business Economy / Management
Published by: Wydawnictwo Naukowe Akademii WSB
Keywords: Human development index;Visegrad Four Group Plus

Summary/Abstract: The paper solves the problem of alternative access towards modified human development index (MHDI) of the Visegrad Four Group Plus NUTS 2 regions. Analytic hierarchy pro-cess (AHP) is one of multicriteria decision-making methods. It is based on pairwise comparison matrices and eigenvector method. AHP enables to derive unknown/undetermined priorities of factors. The basic aim of the contribution is due to the method of analytic hierarchy process to define the position of NUTS 2 regions in period of 2004-2013 years. The sense of applying the method will be setting the ranking of NUTS 2 regions reflecting their HDI for the year. AHP is used to derive unknown or undetermined weights of macroeconomic indicators influencing the MHDI.

  • Issue Year: 5/2017
  • Issue No: 2
  • Page Range: 101-111
  • Page Count: 11
  • Language: English
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