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Research on the Global Equity Index based on Cluster Analysis and TOPSIS Model

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DOI: 10.23977/infse.2022.030201 | Downloads: 5 | Views: 625

Author(s)

Zichun Liu 1, Sihan Shen 1

Affiliation(s)

1 College of Science, Sichuan Agricultural University, Ya'an, Sichuan, 625014, China

Corresponding Author

Zichun Liu

ABSTRACT

In this paper, a synthesis of the global issues currently facing the United Nations defines global equity. Firstly, this paper mainly uses the comprehensive evaluation method of rank and ratio based on cluster analysis to quantify the impact of different factors on global equity in each country, and the positive global equity index is corrected by TOPSIS. Then, this paper se-lects six indicators that are closely related to the development status of the country and uses cluster analysis to classify more than one hundred countries around the world into four catego-ries and then uses the rank-sum ratio comprehensive evaluation method to derive the social eq-uity index of each category. Finally, the global equity index was derived by combining the weights of the four categories of countries in the world.

KEYWORDS

cluster analysis, TOPSIS model, global equity index

CITE THIS PAPER

Zichun Liu, Sihan Shen, Research on the Global Equity Index based on Cluster Analysis and TOPSIS Model. Information Systems and Economics (2022) Vol. 3: 1-5. DOI: http://dx.doi.org/10.23977/infse.2022.030201.

REFERENCES

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