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- Title
In search of key performance indicators of regional competitiveness in the European Union.
- Authors
Borsekova, Kamila; Korony, Samuel; Lawson, Colin W.
- Abstract
This study investigates key performance indicators (KPIs) affecting regional competitiveness in the European Union (EU) and compares its performance across two groups of EU regions identified by their development phase based on the path dependence argument. Utilizing 40 indicators from the Regional Competitiveness Index (RCI) across 268 NUTS2 regions, it identifies five critical KPIs: Knowledge workers, Employment rate, Labor productivity, Potential market size, and not in education, employment, or training. The classification and regression tree decision tree reveals the labor market efficiency pillar as crucial for RCI classification. Offering unique insights into RCI indicators and their impact, this research provides a policy‐oriented perspective and suggests avenues for further comparative research.
- Subjects
EUROPEAN Union; EMPLOYMENT statistics; DECISION trees; REGRESSION trees; LABOR productivity; KEY performance indicators (Management)
- Publication
Journal of Regional Science, 2024, Vol 64, Issue 3, p961
- ISSN
0022-4146
- Publication type
Article
- DOI
10.1111/jors.12692