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New Measure of Economic Development Based on the Four-Colour Theorem
Aleksander Jakimowicz1, Daniel Rzeczkowski2
1Department of World Economy, Institute of Economics, Polish Academy of Sciences, Palace of Culture and Science, 1 Defilad Sq., 00-901 Warsaw, Poland.
A new economic development measure integrates public administration, ICT, and digital participation, outperforming the traditional location quotient. This approach identifies regional growth poles and economic development routes more accurately.
Area of Science:
- Spatial Economics
- Regional Science
- Public Administration
Background:
- The location quotient is a traditional but limited tool for identifying regional economic growth poles.
- Existing measures often fail to capture the complex interplay of factors influencing modern economic development.
Purpose of the Study:
- To propose a novel, comprehensive indicator for measuring regional economic development.
- To enhance the identification of economic growth poles and development routes.
Main Methods:
- Developed a new measure incorporating public administration, Information and Communication Technology (ICT), digital prosumption, and participation platforms.
- Utilized cluster analysis to classify municipal public administration websites into four quality classes.
- Applied a color system based on the four-color theorem and dual graph theory to map and analyze regional economic development.
Main Results:
- The new indicator provides a more nuanced understanding of economic development by integrating diverse factors.
- Cluster analysis successfully categorized municipal websites, forming the basis for the new measure.
- The dual graph reduction method effectively identified regional growth poles and development routes, surpassing the location quotient.
Conclusions:
- The proposed measure offers a superior alternative to the traditional location quotient for assessing regional economic development.
- Integrating digital participation and public administration data provides valuable insights into economic growth dynamics.
- This approach enhances the precision in identifying and strategizing for economic growth poles and routes.
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