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A Cluster Analysis Of Eu Member Countries From The Perspective Of The Use Of Renewable Energy

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  • MARINOIU CRISTIAN

    (PETROLEUM-GAS UNIVERSITY OF PLOIESTI)

Abstract

The discovery of similarities between countries in relation to certain activity fields is an interesting approach from the perspective of a deeper understanding of our world, with practical consequences in terms of setting more effective differentiated policy. With the development of effective techniques of discovery, analysis and validation of a structure of clusters in a set of objects, the classification of a group of countries in relation to the values of a group of indicators is an approach with a higher degree of objectivity.This paper aims to perform a cluster analysis for the EU member countries from the perspective of the use of renewable energy reflected by the values of three specific indicators. The result of the analysis is to discover and to validate a structure of clusters and to specify the indicators which statistically significantly differentiate the obtained clusters.

Suggested Citation

  • Marinoiu Cristian, 2018. "A Cluster Analysis Of Eu Member Countries From The Perspective Of The Use Of Renewable Energy," Annals - Economy Series, Constantin Brancusi University, Faculty of Economics, vol. 6, pages 37-45, December.
  • Handle: RePEc:cbu:jrnlec:y:2018:v:6:p:37-45
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    References listed on IDEAS

    as
    1. Alena Andrejovská & Monika Hudáková, 2016. "Classification of EU Countries in the Context of Corporate Income Tax," Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, Mendel University Press, vol. 64(5), pages 1699-1708.
    2. Giovanna Andrea Cornia & Antonio Scognamillo, 2016. "Clusters of Least Developed Countries, their evolution between 1993 and 2013, and policies to expand their productive capacity," CDP Background Papers 033, United Nations, Department of Economics and Social Affairs.
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