Author(s)

Zhuoyi Qian ¹, Fangcheng Xiao ¹, Yaokai Zu ²

Affiliation(s)

¹ Southwest Jiaotong University, Sichuan, 611756, China
² University of Electronic Science and Technology of China, Sichuan, 611731, China

Corresponding Author

Zhuoyi Qian

ABSTRACT

Based on the definition of equity, we first refer to the Theil index in economics, which we choose as an evaluation indicator due to its decomposability. The main factors affecting the global disparity among countries are economic indicators, military capability and technology level, etc. Thus, in the first question, we consider quantifying the disparity of countries through factor scores, and then combine it with the Theil index, to reflect the degree of global equity. We selected eight countries as typical samples and conducted factor analysis on them, using SAS to calculate their composite factor scores, and finally classified them according to their factor scores and calculated the Theil index to measure international fairness.

KEYWORDS

Theil index, Factor Analysis, equity evaluation

CITE THIS PAPER

Zhuoyi Qian, Fangcheng Xiao, Yaokai Zu, Equity Evaluation of Global Countries based on the Expanded Theil index and Factor Analysis. Information Systems and Economics (2022) Vol. 3: 44-47. DOI: http://dx.doi.org/10.23977/infse.2022.030108.

REFERENCES

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