Title: Integrated index of competitiveness as a basis for analysis of management systems for sustainable development of the territory

Authors: Halyna Raiko; Dmytro Vasylkivskyi; Natalia Kovalska; Irina Shvets; Yuriy Shvets; Serhii Makarenko; Nataliia Oliinyk; Serhii Rybachok; Olha Kravchuk; Vitalii Kovalov

Addresses: Department of Information Technology, Kherson National Technical University, Kherson, Ukraine ' Department of International Economic Relations, Khmelnytskyi National University, Khmelnytskyi, Ukraine ' Department of Public Administration and Local Government, Kherson National Technical University, Kherson, Ukraine ' Department of Management, Financial University, Moscow, Russia ' Department of Economy Theory, Financial University, Moscow, Russia ' Department of Management and Administration, Kherson State University, Kherson, Ukraine ' Department of Economics, Entrepreneurship and Economic Security, Kherson National Technical University, Kherson, Ukraine ' Department of Management and Administration, Kherson State University, Kherson, Ukraine ' Department of Higher Mathematics and Computer Applications, Khmelnytskyi National University, Khmelnytskyi, Ukraine ' Department of Finance, Accounting and Entrepreneurship, Kherson State University, Kherson, Ukraine

Abstract: The article is devoted to the study of the economic aspects of territorial systems management, taking into account the experience of Ukraine based on the definition of regional competitiveness. An algorithm for calculation of the competitiveness index, which allows assessing qualitatively the advantages and disadvantages of a particular territorial system and affects its development in the future, has been described. A method of calculation the competitiveness index, consisting of five stages, has been developed. It allows a real-time assessment of effectiveness of a territorial system. Promising ways of further research of territorial systems are introduced.

Keywords: territorial system; competitiveness index; factor analysis; strategic management; sustainable development.

DOI: 10.1504/IJEBR.2022.124297

International Journal of Economics and Business Research, 2022 Vol.24 No.1/2, pp.286 - 303

Received: 09 Mar 2021
Accepted: 25 Jun 2021

Published online: 21 Jul 2022 *

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