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Classification Tree For Modelling The Relationship Between It&C And The Economic Development For The Eu-28 Member States

Author

Listed:
  • Daniela Alexandra CRISAN

    (Romanian-American University, Bucharest)

  • Mihai Christian CRISAN

    (Romanian-American University, Bucharest)

  • Oana Teodora GRIGORE

    (Romanian-American University, Bucharest)

  • Razvan BALUTA

    (Romanian-American University, Bucharest)

Abstract

The relationship between IT&C and the economic development on EU level has been investigated through many approaches. In this paper a new solution based on classification trees is proposed. The classification tree will describe models, templates for certain types of economies in EU-28, based on IT&C indicators. Three types of economies (classes) have been considered: Advanced economies, Developing economies and Modest economies; they have been clustered using their GDP-per capita indicator. The classification tree uses ten IT&C attributes provided by The Global Information Technology Report (GITR) 2015, they are the ten pillars composing the Network Readiness Indicator.

Suggested Citation

  • Daniela Alexandra CRISAN & Mihai Christian CRISAN & Oana Teodora GRIGORE & Razvan BALUTA, 2015. "Classification Tree For Modelling The Relationship Between It&C And The Economic Development For The Eu-28 Member States," Romanian Economic Business Review, Romanian-American University, vol. 10(4), pages 22-33, december.
    • Handle: RePEc:rau:journl:v:10:y:2015:i:4:p:22-33
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