Introduction
This approach emphasizes the importance of socio-economic indicators in determining the level of regional development. Welfare level is observed and measured by reasonably chosen a set of indicators which consist of the Gini Coefficient, Poverty Rate (Regional Basis), Unemployment Rate, GDP per Capita, Budget Revenue / Expenditure Rate. These indicators are chosen to be able to compare regions in Turkey by the main socio-economic indicators, which represent welfare.
For Multidimensional Scaling Analysis, the indicators are defined in terms of welfare. The selected individual indicators are most representative indicators for the regions of the country’ economy. The Gini Coefficient, whose main ...