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Regionalization Measurement Methods’ Comparative Analysis

Asta Gaigalienė

Asta Gaigalienė

PhD, associate professor at the Faculty of Economics and Management, Vytautas Magnus UniversityKaunas, Lithuania
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Gaigalienė, Asta
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Otilija Jurakovaitė

Otilija Jurakovaitė

PhD student at the Faculty of Economics and Management, Vytautas Magnus UniversityKaunas, Lithuania
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Jurakovaitė, Otilija
  
Mar 17, 2022
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Published Online: Mar 17, 2022
Page range: 1 - 17
Received: Jul 30, 2021
Accepted: Dec 10, 2021
DOI: https://doi.org/10.1515/mosr-2021-0009
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© 2021 Asta Gaigalienė et al., published by Sciendo
This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

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.

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