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Multidimensional assessment of SDI and HDI using topsis and bilinear ordering

cris.virtual.author-orcid0000-0002-3149-7748
cris.virtual.author-orcid#PLACEHOLDER_PARENT_METADATA_VALUE#
cris.virtualsource.author-orcidff55c10b-268e-4ec2-b05a-81b6280fb50b
cris.virtualsource.author-orcid#PLACEHOLDER_PARENT_METADATA_VALUE#
dc.abstract.enThis study investigates how the Human Development Index (HDI) influences Sustainable Development (SD) in European Union (EU) countries by analyzing the relationship between the United Nations’ HDI and a newly constructed Sustainable Development Index (SDI) by the authors. The dataset comprises 18 indicators retrieved from Eurostat for 2021. The study employs the TOPSIS (Technique for Order Preference by Similarity to an Ideal Solution) approach to calculate the SDI and utilizes bilinear ordering to visualize countries in a coordinate system based on their SDI and HDI scores. Spearman’s rank correlation reveals a strong positive relationship between SDI and HDI. The study identifies disparities, with countries like Denmark and Sweden showing high SDI and HDI, while Romania and Bulgaria have lower scores. Northern and Western EU countries generally perform better, whereas Eastern and Southern countries face more challenges, highlighting the need for targeted development strategies. The results emphasize the importance of considering both human and sustainable development in policy design, offering insights for enhancing development outcomes for the EU.
dc.affiliationWydział Ekonomiczny
dc.affiliation.instituteKatedra Finansów i Rachunkowości
dc.contributor.authorÇalikoğlu , Cihan
dc.contributor.authorŁuczak, Aleksandra
dc.date.access2025-02-10
dc.date.accessioned2025-02-10T12:50:29Z
dc.date.available2025-02-10T12:50:29Z
dc.date.copyright2024-12-05
dc.date.issued2024
dc.description.abstract<jats:p>This study investigates how the Human Development Index (HDI) influences Sustainable Development (SD) in European Union (EU) countries by analyzing the relationship between the United Nations’ HDI and a newly constructed Sustainable Development Index (SDI) by the authors. The dataset comprises 18 indicators retrieved from Eurostat for 2021. The study employs the TOPSIS (Technique for Order Preference by Similarity to an Ideal Solution) approach to calculate the SDI and utilizes bilinear ordering to visualize countries in a coordinate system based on their SDI and HDI scores. Spearman’s rank correlation reveals a strong positive relationship between SDI and HDI. The study identifies disparities, with countries like Denmark and Sweden showing high SDI and HDI, while Romania and Bulgaria have lower scores. Northern and Western EU countries generally perform better, whereas Eastern and Southern countries face more challenges, highlighting the need for targeted development strategies. The results emphasize the importance of considering both human and sustainable development in policy design, offering insights for enhancing development outcomes for the EU.</jats:p>
dc.description.accesstimeat_publication
dc.description.bibliographyil., bibliogr.
dc.description.financepublication_nocost
dc.description.financecost0,00
dc.description.if3,0
dc.description.number2
dc.description.points20
dc.description.versionfinal_published
dc.description.volume13
dc.identifier.doi10.52950/ES.2024.13.2.007
dc.identifier.issn1804-9796
dc.identifier.urihttps://sciencerep.up.poznan.pl/handle/item/2462
dc.identifier.weblinkhttps://ijes-journal.org/journal/article/view/19
dc.languageen
dc.pbn.affiliationeconomics and finance
dc.relation.ispartofInternational Journal of Economic Sciences
dc.relation.pages116-128
dc.rightsCC-BY-NC-ND
dc.sciencecloudsend
dc.share.typeOPEN_JOURNAL
dc.subject.ensustainable development
dc.subject.enhuman development
dc.subject.enTOPSIS
dc.subject.enbilinear ordering
dc.subject.enEU
dc.subject.enMCDM
dc.titleMultidimensional assessment of SDI and HDI using topsis and bilinear ordering
dc.typeJournalArticle
dspace.entity.typePublication
oaire.citation.issue2
oaire.citation.volume13