IDEAS home Printed from https://ideas.repec.org/p/sek/iefpro/6910173.html
   My bibliography  Save this paper

Application Of The Positional Pot-Topsis Method To The Assessment Of Financial Self-Sufficiency Of Local Administrative Units

Author

Listed:
  • Aleksandra ?uczak

    (Pozna? University of Life Sciences)

  • Ma?gorzata Just

    (Pozna? University of Life Sciences)

  • Agnieszka Kozera

    (Pozna? University of Life Sciences)

Abstract

In this paper we propose new approach to the construction of synthetic measure, where the objects are described by the characteristics with strong asymmetry and outliers. The aim of the paper is to present the application potential of the tools of the Extreme Values Theory (EVT) i.e. Peaks over Threshold Model (POT) in constructing a synthetic measure based of positional Technique for Order of Preference by Similarity to Ideal Solution (TOPSIS), that utilize the spatial median of Weber. POT model has been used for identification of outliers and to determination of the positive and negative ideal solutions of financial self-sufficiency of local administrative units (LAUs). This approach is used in the assessment of financial self-sufficiency of LAUs in Poland in 2016.

Suggested Citation

  • Aleksandra ?uczak & Ma?gorzata Just & Agnieszka Kozera, 2018. "Application Of The Positional Pot-Topsis Method To The Assessment Of Financial Self-Sufficiency Of Local Administrative Units," Proceedings of Economics and Finance Conferences 6910173, International Institute of Social and Economic Sciences.
    • Handle: RePEc:sek:iefpro:6910173
    as

    Download full text from publisher

    File URL: https://iises.net/proceedings/10th-economics-finance-conference-rome/table-of-content/detail?cid=69&iid=043&rid=10173
    File Function: First version, 2018
    Download Restriction: no
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Łuczak, Aleksandra & Just, Małgorzata, 2021. "Sustainable development of territorial units: MCDM approach with optimal tail selection," Ecological Modelling, Elsevier, vol. 457(C).
    2. Aleksandra Łuczak & Małgorzata Just, 2020. "The positional MEF-TOPSIS method for the assessment of complex economic phenomena in territorial units," Statistics in Transition New Series, Polish Statistical Association, vol. 21(2), pages 157-172, June.

    More about this item

    Keywords

    positional POT-TOPSIS; Extreme Values Theory; Peaks over Threshold Model; synthetic measure; financial self-sufficiency; local administrative units;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • C49 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods: Special Topics - - - Other
    • H70 - Public Economics - - State and Local Government; Intergovernmental Relations - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:sek:iefpro:6910173. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Klara Cermakova (email available below). General contact details of provider: https://iises.net/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.