Research on Global Equity Based on Entropy Weight TOPSIS Model
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DOI: 10.23977/FEIM2022.022
Author(s)
Xinyu Niu, Siyuan Dong, Tianyu Liu
Corresponding Author
Xinyu Niu
ABSTRACT
Our team defines global equity as whether each individual can equally enjoy various resources, including material and non-material resources. We selected 17 indicators from five dimensions: economic, technological, energy, political, and ecological, and used the entropy weight TOPSIS model to score 228 countries and regions at five-time points during 1979-2019. In order to quantify the difference in scores, we refer to and refine the calculation method of the Gini coefficient to derive a Global Equity Index (GEI). We find that the GEI has shown a slight downward trend over the last 40 years.
KEYWORDS
Global Equity Index, Entropy Weight Method, TOPSIS Model