ISSN 2284-7995, ISSN Online 2285-3952
 

SELECTION OF ECONOMIC INDICATORS FOR MEASURING SUSTAINABLE RURAL DEVELOPMENT

Published in Scientific Papers. Series "Management, Economic Engineering in Agriculture and rural development", Vol. 20 ISSUE 3
Written by Mateja JEŽ ROGELJ, Ornella MIKUŠ, Lari HADELAN

Sustainable rural development consists of three components: economic, ecological, and social. The paper paid to the economic component through selection of the most relevant economic indicators for measuring sustainable rural development at NUTS 3 level. Objectives of the research were: a) to identify the most appropriate economic indicators for measuring sustainable rural development, either used so far or proposed in the literature, b) to select five most relevant indicators according to the experts’ estimate. The analysis of previous research has outlined and explained 15 economic indicators. After the first phase of selection, an additional selection of indicators by expert evaluation was carried out. Based on the expert evaluation, five most relevant economic indicators were identified, namely according to the average grade: unemployment rate (4.49), accessibility of agricultural infrastructure (4.47), gross domestic product per capita (4.45), education level as a prerequisite for the use of innovation (4.26) and productivity of agricultural production (4.21). Looking at separate assessments of each of the expert groups, it is evident that their selection of the five most relevant indicators only coincides in two of them: unemployment rate and availability of agricultural infrastructure.

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© 2019 To be cited: Scientific Papers. Series “Management, Economic Engineering in Agriculture and Rural Development“.

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