The use of Factor Analysis Methods in Comparison of Regions
Articles
Bronislava Kaminskienė
Lietuvos mokslų akademijos Matematikos ir informatikos instituto
Algimantas Misiūnas
Vilniaus universiteto Ekonomikos fakultetas Sisteminės analizės katedra
Published 2001-12-01
https://doi.org/10.15388/Ekon.2001.16924
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How to Cite

Kaminskienė, B. and Misiūnas, A. (2001) “The use of Factor Analysis Methods in Comparison of Regions”, Ekonomika, 53, pp. 17–32. doi:10.15388/Ekon.2001.16924.

Abstract

The target of this work was to investigate the possibility to compare methods of component and factor analysis by regions. A common variable indicator, formed by applying methods of component and factor analysis, allows evaluating social and economic development level of counties. The value of economic development was compared with Gross domestic product per capita. Obtained similar findings show the fitness of mathematics-statistic models in use of regional comparative analysis.

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