COMPARISON OF OECD COUNTRIES WITH CLUSTERING ALGORITHMS ACCORDING TO THE ECONOMIC FREEDOM INDEX
Küçük Resim Yok
Tarih
2018
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Rtu Press
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
The economic freedom scores of all United Nations member countries are published annually by the Heritage Foundation under the Economic Freedom Index. The concept of freedom is an important ideal for humanity. In terms of countries, economic freedom can be regarded as a sign of sustainable growth and prosperity. Countries included in the index are scored and ranked by twelve independent variables that determine the economic freedom score. In this study, Clustering models have been used to find relationships between variables that determine the economic freedom score of Organization for Economic Co-operation and Development (OECD) member countries according to the 2018 Economic Freedom Index. OECD member countries have been identified with similar and non-similar countries according to selected indicators. As a result of the study, the best cluster selection was made by comparing the different clustering algorithms, and the similarities and differences between the OECD countries in the literature are presented.
Açıklama
RTU 59th International Scientific Conference on Economics and Entrepreneurship (SCEE) -- 2018 -- Riga, LATVIA
Anahtar Kelimeler
Economic Freedom Index, Hierarchical Cluster, K-Means, OECD Countries, Two Step Cluster
Kaynak
Rtu 59th International Scientific Conference On Economics and Entrepreneurship (Scee 2018)
WoS Q Değeri
N/A
