Open AccessGLOBAL MATRIX OF REGIONAL GROWTH IN THE FUNCTION OF THE ANALYSIS OF REGIONAL DEVELOPMENT AND INTERREGIONAL RELATIONS
Author(s) -
Stanko Stanić,
Željko V. Račić
Publication year - 2019
Publication title -
acta economica
Language(s) - English
Resource type - Journals
eISSN - 2232-738X
pISSN - 1512-858X
DOI - 10.7251/ace1931009s
Subject(s) - matrix (chemical analysis) , regional development , function (biology) , economic geography , matrix function , development (topology) , regional science , econometrics , mathematics , economics , geography , symmetric matrix , biology , physics , mathematical analysis , evolutionary biology , eigenvalues and eigenvectors , quantum mechanics , materials science , composite material
The subject of research in this paper is the expansion of the growth matrix, which is reflected in the definition of a new matrix - a global regional growth matrix. The assumption for the formation of this matrix is that the synthetic measures of the development of individual regions included in the analysis are first calculated. This matrix provides an opportunity to analyze interregional relations and the dynamics of structural change in the respective regions.