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Research Article
Regionalization Measurement Methods' Comparative Analysis
PhD, Assoc. Prof. Asta Gaigalienė — Vytautas Magnus University, Faculty of Economics and Management
Otilija Jurakovaitė — Vytautas Magnus University, Faculty of Economics and Management
Abstract
Regionalization denotes certain sub-systems, which appear to be present in the apparently globalized world. The research aim is to compare regionalization measurement methods, used in prior research. Results reveal that the most common gravity equations method could be improved by adding weighted network measures in order to capture the complexity of the researched phenomena.
Keywords
regionalizationmeasurement methodscomparative analysisgravity equations
