Principal components analysis of employment in Eastern Europe
Author(s) -
Mirko Savić
Publication year - 2006
Publication title -
panoeconomicus
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.289
H-Index - 14
eISSN - 2217-2386
pISSN - 1452-595X
DOI - 10.2298/pan0604427s
Subject(s) - principal component analysis , multivariate statistics , principal (computer security) , multivariate analysis , econometrics , statistics , computer science , mathematics , computer security
For the last decade, the employment structure is one of the fastest changing areas of Eastern Europe. This paper explores the best methodology to compare the employment situations in the countries of this region. Multivariate statistical analyses are very reliable in portraying the full picture of the problem. Principal components analysis is one of the simplest multivariate methods. It can produce very useful information about Eastern European employment in a very easy and understandable way
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