Measurement of Prosperity at Small Region Level. A Comparison of the Regions of the Southern Hungarian Plain and Northern Hungary
Keywords:
prosperity, cluster analysisAbstract
The paper analyses prosperity in the regions of the Southern Hungarian Plain and Northern Hungary at small region aggregate level in a national comparison. Starting from the results of prosperity economics, first an outline is given of the main dimensions of the theory of small region prosperity. After this theoretical foundation the prosperity dimensions used in the analysis and their related factors are presented. Finally a small region level prosperity evaluation of the two regions is presented together with their comparison on a national scale, with special regard to the regions of the Southern Hungarian Plain and Northern Hungary. The conclusions are: (1) the majority of small regions with relatively high prosperity is concentrated in Hungary along a north-west – south-east axis and (2) the two regions analysed can be described by significant regional differences in terms of prosperity.
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