THE MEASUREMENT OF THE ECONOMIC DISTANCE ON THE BASIS OF SYMBOLIC DATA

Autor: Justyna Wilk
Jazyk: English<br />Polish
Rok vydání: 2014
Předmět:
Zdroj: Acta Universitatis Lodziensis. Folia Oeconomica, Vol 3, Iss 302 (2014)
Druh dokumentu: article
ISSN: 0208-6018
2353-7663
Popis: The economic distance defines a dissimilarity level between objects functioning in the economic space. It is one of the most important issues of spatial econometrics. However its measurement is difficult due to the definition, description and estimation problems. The objective of the paper is to indicate the role of symbolic data in describing the economic distance and also the way of its measurement using symbolic data analysis methods. A significance of the economic distance, measurement problems, symbolic data concept and dissimilarity measures, and also an empirical example were presented in the paper.
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