Multidimensional scalling analysis of the world economy during the period 1972-2012

J. A. Tenreiro Machado, Maria Eugénia Mata

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

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

Original languageEnglish
Pages (from-to)67-82
Number of pages16
JournalActa Polytechnica Hungarica
Volume12
Issue number1
Publication statusPublished - 2015

Keywords

  • Economic development
  • Global hegemony
  • Multi-dimensional scaling

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