Determining the ways to increase economic growth of developing and developed economies: An application with data mining and fuzzy TOPSIS

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dc.authorid0000-0001-8863-8348
dc.authorid0000-0002-8072-031X
dc.authorid0000-0002-9858-1266
dc.contributor.authorSilahtaroğlu, Gökhan
dc.contributor.authorDinçer, Hasan
dc.contributor.authorYüksel, Serhat
dc.date.accessioned2023-03-15T06:08:21Z
dc.date.available2023-03-15T06:08:21Z
dc.date.issued2021
dc.departmentİstanbul Medipol Üniversitesi, İşletme ve Yönetim Bilimleri Fakültesi, Yönetim Bilişim Sistemleri Bölümü
dc.departmentİstanbul Medipol Üniversitesi, İşletme ve Yönetim Bilimleri Fakültesi, Uluslararası Ticaret ve Finansman Bölümü
dc.description.abstractThis study aims to identify the influencing factors of economic growth for both developing and developed economies. Firstly, literature is reviewed, and 7 different variables are selected as leading indicators of the economic growth. In this framework, 155 developing and 31 developed economies are evaluated. After that, decision tree approach is taken into consideration and the most significant 4 variables are determined for each country group. In the final process, fuzzy TOPSIS approach is used to weigh E7 and G7 economies with respect to the economic development. The findings indicate that for developing economies, the most important determinants are foreign direct investment, interest rate, domestic credit, and research and development. On the other side, inflation, domestic credit, foreign direct investment, and unemployment play a more significant role in the economic growth of developed economies. Hence, it is recommended that developing economies should mainly focus on the strategies to attract the attention of the foreign investors and to increase research and development.
dc.identifier.citationSilahtaroğlu, G., Dinçer, H. ve Yüksel, S. (2021). Determining the ways to increase economic growth of developing and developed economies: An application with data mining and fuzzy TOPSIS. Multiple Criteria Decision Making içinde (55-75. ss.). Springer Science and Business Media Deutschland GmbH. https://dx.doi.org/10.1007/978-3-030-74176-1_3
dc.identifier.doi10.1007/978-3-030-74176-1_3
dc.identifier.endpage75
dc.identifier.issn2366-0023
dc.identifier.scopus2-s2.0-85125628450
dc.identifier.scopusqualityN/A
dc.identifier.startpage55
dc.identifier.urihttps://dx.doi.org/10.1007/978-3-030-74176-1_3
dc.identifier.urihttps://hdl.handle.net/20.500.12511/10618
dc.indekslendigikaynakScopus
dc.institutionauthorSilahtaroğlu, Gökhan
dc.institutionauthorDinçer, Hasan
dc.institutionauthorYüksel, Serhat
dc.language.isoen
dc.publisherSpringer Science and Business Media Deutschland GmbH
dc.relation.ispartofMultiple Criteria Decision Makingen_US
dc.relation.publicationcategoryKitap Bölümü - Uluslararası
dc.rightsinfo:eu-repo/semantics/closedAccess
dc.subjectDecision Tree
dc.subjectEconomic Growth
dc.subjectFuzzy TOPSIS
dc.titleDetermining the ways to increase economic growth of developing and developed economies: An application with data mining and fuzzy TOPSIS
dc.typeBook Chapter

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