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Measuring local competitiveness

Comparing and integrating two methods PCA and AHP

Bibliographic Data

ID21378080
AuthorsKatarzyna A Kurek (0000-0002-6153-1441, Wageningen University & Research, corresponding author), Wim Heijman (0000-0003-0514-3855, Czech University of Life Sciences Prague), Johan Van Ophem (0000-0002-6940-5626, Wageningen University & Research), Stanisław Gędek (0000-0002-4712-2836, Rzeszów University of Technology), Jacek Strojny (0000-0002-0577-377X, Rzeszów University of Technology)
Year2022
Volume56
Issue3
Pages1371-1389
Publication date2022-06-01
Open AccessYes
TypeARTICLE
VenueQuality & Quantity (JOURNAL)
Journal identifiersISSN: 0033-5177 • E-ISSN: 1573-7845
PublisherSpringer Science and Business Media LLC (PUBLISHER)
DOI10.1007/s11135-021-01181-z
OpenAlexW3174160896
LanguageEN
Citations received6
References cited59

This article discusses two methods to measure the concept of local competitiveness: Principal Component Analysis (PCA) and Analytical Hierarchy Process (AHP). The goal of this analysis is to determine whether these two methods used in social sciences research lead to comparable model results. By non-parametric tests we show that there is a significant correlation between the PCA and AHP local competitiveness indexes. Thereafter, a developed mixed method examination of whether the methods can be used interchangeably is presented and illustrated with detailed examples of two mixed approaches. The mixed method confirms the correlation between the PCA and AHP models. However, the mixed modelling results indicate the utility of the PCA in the situation of a multicriteria local competitiveness data examination

Analytic hierarchy process · Data mining · Econometrics · Operations research · Parametric statistics · Principal component analysis · Statistics · Artificial Intelligence · Computer Science · Global Trade and Competitiveness · Mathematics

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Highly citedNo

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