@article{Perpar:183045,
      recid = {183045},
      author = {Perpar, Anton and Kastelec, Damijana and Udovč, Andrej},
      title = {Educational structure and the structure of economic  activities as one of the key factors explaining the  differences in development in Slovenia},
      address = {2014-08},
      number = {727-2016-50502},
      pages = {6},
      year = {2014},
      abstract = {The differences in development in Slovenia are still  significant. In order to minimize them and to ensure  sustainable development, it is necessary, for good policy  planning, to understand the key factors that cause these  differences. Analyses presented in this paper are a part of  a larger study of economic and development performance in  Slovenia. We tried to extract the key factors, using the  method of principal components analysis that reduce the  number of indicators to 11 new independent variables,  explaining 76.5% of total variability. On the basis of  principal components, municipalities were further  classified into four groups that reflect different economic  and development performance. In this contribution we  focused more on two important factors: educational  structure of population and the structure of
economic  activities and the differences between urban and rural  municipalities. Analyses show that better educational  structure of area residents has influence on better  economic power of the population, stimulate  entrepreneurship, innovations, investment dynamics etc.
For  the economic performance of the area the structure of  economic activities is important as well. Areas with higher  share of active population employed in services performed  better as areas where the share of agricultural or  industrial employment is higher.},
      url = {http://ageconsearch.umn.edu/record/183045},
      doi = {https://doi.org/10.22004/ag.econ.183045},
}