COMPARISON OF OECD COUNTRIES WITH CLUSTERING ALGORITHMS ACCORDING TO THE ECONOMIC FREEDOM INDEX

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dc.contributor.authorBayram, Seliha Secil
dc.contributor.authorErsoz, Filiz
dc.date.accessioned2024-09-29T16:11:31Z
dc.date.available2024-09-29T16:11:31Z
dc.date.issued2018
dc.departmentKarabük Üniversitesien_US
dc.descriptionRTU 59th International Scientific Conference on Economics and Entrepreneurship (SCEE) -- 2018 -- Riga, LATVIAen_US
dc.description.abstractThe 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.en_US
dc.description.sponsorshipRiga Tech Univ, Fac Engn Econ & Managementen_US
dc.identifier.endpage22en_US
dc.identifier.isbn978-9934-22-141-5
dc.identifier.issn2661-5533
dc.identifier.startpage13en_US
dc.identifier.urihttps://hdl.handle.net/20.500.14619/8498
dc.identifier.wosWOS:000661874700002en_US
dc.identifier.wosqualityN/Aen_US
dc.indekslendigikaynakWeb of Scienceen_US
dc.language.isoenen_US
dc.publisherRtu Pressen_US
dc.relation.ispartofRtu 59th International Scientific Conference On Economics and Entrepreneurship (Scee 2018)en_US
dc.relation.publicationcategoryKonferans Öğesi - Uluslararası - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/closedAccessen_US
dc.subjectEconomic Freedom Indexen_US
dc.subjectHierarchical Clusteren_US
dc.subjectK-Meansen_US
dc.subjectOECD Countriesen_US
dc.subjectTwo Step Clusteren_US
dc.titleCOMPARISON OF OECD COUNTRIES WITH CLUSTERING ALGORITHMS ACCORDING TO THE ECONOMIC FREEDOM INDEXen_US
dc.typeConference Objecten_US

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