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Cluster Evolution Analytics

Author

Listed:
  • Morales-Oñate, Víctor
  • Morales-Oñate, Bolívar

Abstract

In this paper we propose Cluster Evolution Analytics (CEA) as a framework that can be considered in the realm of Advanced Exploratory Data Analysis or unsupervised learning. CEA leverages on the temporal component of panel data and it is based on combining two techniques that are usually not related: leave-one-out and plug-in principle. This allows us to use exploratory what if questions in the sense that the present information of an object is plugged-in a dataset in a previous time frame so that we can explore its evolution (and of its neighbors) to the present. We illustrate our results on a real dataset applying CEA on different clustering algorithms and developed a Shiny App with a particular configuration. Finally, we also provide an R package so that this framework can be used on different applications.

Suggested Citation

  • Morales-Oñate, Víctor & Morales-Oñate, Bolívar, 2024. "Cluster Evolution Analytics," MPRA Paper 120220, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:120220
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    References listed on IDEAS

    as
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    4. Susan Athey & Guido W. Imbens, 2019. "Machine Learning Methods That Economists Should Know About," Annual Review of Economics, Annual Reviews, vol. 11(1), pages 685-725, August.
    5. Philippe Aghion & Steven Durlauf (ed.), 2005. "Handbook of Economic Growth," Handbook of Economic Growth, Elsevier, edition 1, volume 1, number 1.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    clustering; temporal clustering; statistical profiles;
    All these keywords.

    JEL classification:

    • C02 - Mathematical and Quantitative Methods - - General - - - Mathematical Economics
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques

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