Analysis of world economic variables using multidimensional scaling.

Analysis of world economic variables using multidimensional scaling.

Waves of globalization reflect the historical technical progress and modern economic growth. The dynamics of this process are here approached using the multidimensional scaling (MDS) methodology to analyze the evolution of GDP per capita, international trade openness, life expectancy, and education...

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Main Authors: J A Tenreiro Machado, Maria Eugénia Mata
Format: Article
Language:English
Published: Public Library of Science (PLoS) 2015-01-01
Series:PLoS ONE
Online Access:http://europepmc.org/articles/PMC4374974?pdf=render
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spelling doaj-44b7c43fde4442028aa5ac9d7c93a7ce2020-11-24T21:34:05ZengPublic Library of Science (PLoS)PLoS ONE1932-62032015-01-01103e012127710.1371/journal.pone.0121277Analysis of world economic variables using multidimensional scaling.J A Tenreiro MachadoMaria Eugénia MataWaves of globalization reflect the historical technical progress and modern economic growth. The dynamics of this process are here approached using the multidimensional scaling (MDS) methodology to analyze the evolution of GDP per capita, international trade openness, life expectancy, and education tertiary enrollment in 14 countries. MDS provides the appropriate theoretical concepts and the exact mathematical tools to describe the joint evolution of these indicators of economic growth, globalization, welfare and human development of the world economy from 1977 up to 2012. The polarization dance of countries enlightens the convergence paths, potential warfare and present-day rivalries in the global geopolitical scene.http://europepmc.org/articles/PMC4374974?pdf=render
collection DOAJ
language English
format Article
sources DOAJ
author J A Tenreiro Machado
Maria Eugénia Mata
spellingShingle J A Tenreiro Machado
Maria Eugénia Mata
Analysis of world economic variables using multidimensional scaling.
PLoS ONE
author_facet J A Tenreiro Machado
Maria Eugénia Mata
author_sort J A Tenreiro Machado
title Analysis of world economic variables using multidimensional scaling.
title_short Analysis of world economic variables using multidimensional scaling.
title_full Analysis of world economic variables using multidimensional scaling.
title_fullStr Analysis of world economic variables using multidimensional scaling.
title_full_unstemmed Analysis of world economic variables using multidimensional scaling.
title_sort analysis of world economic variables using multidimensional scaling.
publisher Public Library of Science (PLoS)
series PLoS ONE
issn 1932-6203
publishDate 2015-01-01
description Waves of globalization reflect the historical technical progress and modern economic growth. The dynamics of this process are here approached using the multidimensional scaling (MDS) methodology to analyze the evolution of GDP per capita, international trade openness, life expectancy, and education tertiary enrollment in 14 countries. MDS provides the appropriate theoretical concepts and the exact mathematical tools to describe the joint evolution of these indicators of economic growth, globalization, welfare and human development of the world economy from 1977 up to 2012. The polarization dance of countries enlightens the convergence paths, potential warfare and present-day rivalries in the global geopolitical scene.
url http://europepmc.org/articles/PMC4374974?pdf=render
work_keys_str_mv AT jatenreiromachado analysisofworldeconomicvariablesusingmultidimensionalscaling
AT mariaeugeniamata analysisofworldeconomicvariablesusingmultidimensionalscaling
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