Multidimensional Scalling Analysis of the World Economy During the Period 1972-2012
Author(s) -
J. A. Tenreiro Machado,
María Eugénia Mata
Publication year - 2014
Publication title -
acta polytechnica hungarica
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.277
H-Index - 34
eISSN - 2064-2687
pISSN - 1785-8860
DOI - 10.12700/aph.12.1.2015.1.5
Subject(s) - period (music) , economics , economy , philosophy , aesthetics
The last 40 years of the world economy are analyzed by means of computer visualization methods. Multidimensional scaling and the hierarchical clustering tree techniques are used. The current Western downturn in favor of Asian partners may still be reversed in the coming decades
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