Investıgatıng the Productıve Capacıty Performance of E7 Countrıes Using the WENSLO-ARTASI Model

Öz

The E7 countries, which are among the major economies in the world with high growth rates, are expected to have a significant share of the world’s total GDP shortly. This study intends to analyse the productive capacity performance assessment of the E7 countries from 2003 to 2022 using a WENSLO-ARTASI integrated model. For this purpose, all variables considered in calculating the productive capacity index published by UNCTAD (United Nations Conference on Trade and Development) are used in the study. The WENSLO (Weights by ENvelope and SLOpe) method is employed to reveal the importance levels of the evaluation criteria, while the ARTASI (Alternative Ranking Technique based on Adaptive Standardised Intervals) method is used to determine the productive capacity performance ranking of the E7 countries. Additionally, the reliability of the proposed model was tested through various sensitivity analyses. Because of the study, it was concluded that the information and communication technologies index holds the highest importance among the evaluation criteria. In the productive capacity evaluation, when the ranking results for all years are averaged, the rankings are China, Turkey, Russia, Mexico, Brazil, Indonesia, and India. Furthermore, when the years are analysed separately, it is observed that the productive capacity index ranking published by UNCTAD aligns with the productive capacity index ranking.

Anahtar Kelimeler

• productive capacity
• performance analysis
• WENSLO
• ARTASI
• E7

Kaynakça

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