PERFORMANCE MEASURES DEVELOPMENT PROJECT ⇪

DEVELOPING KPI USING PCA & CLUSTERING

MULTIVARIATE ANALYSIS FOR INDEX CONSTRUCTION AND 

PATTERN DISCOVERY FOR MIXED DATA

Guide
Autor: Daniel Carrillo

Description:

Using data from the National Institute of Statistics and Censuses of Ecuador and the Central Bank of Ecuador, an index that jointly values the economic performance of the Ecuadorian provinces is constructed, according to the number of companies, the total amount of sales, the number of jobs, the number of people currently working, the total amount of wages, the population, and the gross value by activity. For the construction of the Economic Development Indicator, a linear combination of these variables is used. Provinces with a similar economic performance are grouped together to form clusters. In this way, it is possible to design or propose targeted policies for economic promotion or reactivation that are specific for each group, in order to boost the economy and the business sector of the provinces, taking into account their level of economic development.

⭳ DOWNLOAD DATA:

Dataset

Coordenadas